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U.S. Silver Announces Executive Appointment
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February 19, 2009 - Toronto, Ontario - U.S. Silver Corporation
(USA:TSX-V) ("US Silver" or the "Company") is pleased to announce that
Thomas Parker, interim Chief Executive Officer since November 3, 2008,
has been appointed the Company's President & Chief Executive Officer
("CEO") effective immediately. Mr. Parker has also been appointed a
Director of the Company.
Mr. Bobby Cooper, Chairman of the Company commented, "Tom's proven
background and experience have been quite evident since joining U.S.
Silver last fall. Despite difficult market conditions, Tom's strong
operating background continues to guide the Company towards its
objective of returning the Galena mine to full profitability."
Mr. Parker is a Mining Engineer with over 40 years of direct
involvement in the mining industry. He has extensive experience with
both public and private companies. Most recently, Mr. Parker served as
President and CEO of Gold Crest Mines Inc. He was CEO of High Plains
Uranium Inc. from 2006 until that company was acquired in early 2007.
Prior to that, Mr. Parker was Vice President of Anderson and Schwab, a
New York based management consultancy specializing in the mining
sector. He also worked at Costain Coal Inc. where he was President and
CEO in the early 1990s.
The Company has granted Mr. Parker stock options to purchase 1,500,000
common shares of the Company at a price of $.15 per share, expiring
five years from the date of issue. Such options are subject to the
terms and conditions of the Corporation's stock option plan, certain
vesting provisions, and the policies of the TSX Venture Exchange.
ABOUT U.S. SILVER CORPORATION
U.S. Silver, through its wholly owned subsidiaries, owns and operates
the Galena, Coeur, and Caladay silver-lead-copper mines in Shoshone
County, Idaho, with the Galena mine being the second most prolific
silver producer in U.S. history. Total silver production from U.S.
Silver's mining complex has exceeded 210 million ounces of silver
production since 1953. U.S. Silver controls a land package now
totaling approximately 18,000 acres in the heart of the Coeur d'Alene
Mining District.
The Company is currently debt free..
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are
subject to significant risks and uncertainties that are difficult to
predict. Actual results might differ materially from results suggested
in any forward-looking statements. The Company assumes no obligation
to update the forward-looking statements, or to update the reasons why
actual results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to the Company. Additional information identifying risks
and uncertainties is contained in filings by the Company with the
Canadian securities regulators, which filings are available at
www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
U.S. Silver Corporation
Tom Parker
Chief Executive Officer
Office - (208) 752-0400
or visit: www.us-silver.com
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Copyright (c) 2009 US SILVER CORPORATION (USA) All rights reserved.
For more information visit our website at http://www.us-silver.com/ or
send mailto:hfairhurst@us-silver.com
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Americas Silver Corp
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PRODUCTEUR |
CODE : USA.TO |
ISIN : CA03063L1013 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Americas Silver est une société de production minière d'argent basée au Canada. Americas Silver est productrice d'argent, de cuivre, d'or et de plomb en USA. Ses principaux projets en production sont COEUR MINE et GALENA MINE en USA et ses principaux projets en exploration sont DAYROCK MINE et CALADAY en USA. Americas Silver est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 20,7 millions CA$ (14,8 millions US$, 14,0 millions €). La valeur de son action a atteint son plus bas niveau récent le 05 février 2016 à 0,06 CA$, et son plus haut niveau récent le 08 septembre 2017 à 6,07 CA$. Americas Silver possède 39 770 000 actions en circulation. |