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Re: News Release - Friday, August 21, 2009
Crowflight Appoints Mark Trevisiol as President and CEO
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CROWFLIGHT MINERALS INC. ("Crowflight" or the "Company") (TSX: CML)
today announced the appointment of Mark Trevisiol, P.Eng. as President
and CEO of the Company, effective immediately. Mr. Trevisiol replaces
Mike Kelly who has resigned from the Company.
Mark Trevisiol has over 21 years of management experience in the base
metals industry, 18 of which have been spent specifically in the nickel
sector. Prior to joining Crowflight, Mr. Trevisiol was Chief Operating
Officer of Liberty Mines, where he was responsible for their mining and
milling operations in Timmins, Ontario. Formerly General Manager of
Business Development & Strategy of Xstrata Nickel Sudbury Operations,
Mr. Trevisiol spent 18 years with Falconbridge Ltd in various roles,
including General Manager of the Sudbury Smelter business unit,
Production Manager of the Sudbury smelter and Superintendant of the
Kidd Creek operations. He holds a mechanical engineering degree from
the University of Waterloo and is also currently the President and CEO
of Auger Resources Inc., a private exploration company.
Stan Bharti, Executive Chairman of Crowflight, commented, "On behalf of
the Board of Directors, we are pleased to welcome Mark to the
Crowflight team. We have been looking to benefit from Mark's
involvement in Crowflight for some time as we have been impressed with
his track record and dedication. Mark has a record of improving nickel
mine performance, which we are confident will be a great asset to the
Company."
Crowflight Minerals -- Canada's Newest Nickel Producer
Crowflight Minerals Inc. (TSX: CML) is a Canadian junior mining company
that is producing nickel at the Bucko Lake Nickel Mine near Wabowden,
Manitoba. Crowflight began commercial production at Bucko in the second
quarter of 2009. The Company is also focused on nickel, copper and
Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and
Sudbury Basin.
Cautionary Note on Forward-Looking Information
This press release contains forward-looking statements under Canadian
securities legislation. Forward-looking statements include, but are not
limited to, statements with respect to the Company's development
potential and timetable of the Company's properties, including the
Bucko Lake Project; the future price of nickel and other minerals; the
timing and amount of estimated future production; capital expenditures;
mining or processing issues; and environmental risks. Generally,
forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements that
certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". Forward-looking statements
are based on the opinions and estimates of management as of the date
such statements are made. Estimates regarding the anticipated timing,
amount and cost of mining at the Bucko Lake Project are based on
assumptions underlying mineral reserve and mineral resource estimates
and the probability of realizing such estimates that are set out
herein. Production estimates are based on mine plans and production
schedules, which have been developed by the Company's personnel and
independent consultants. Forward-looking statements are subject to
known and unknown risks, uncertainties and other factors that may cause
the actual results, level of activity, performance or achievements of
the Company to be materially different from those expressed or implied
by such forward-looking statements, including but not limited to risks
related to: unexpected events and delays during production;; timing and
availability of external financing on acceptable terms; changes in
project parameters as plans continue to be refined; future prices of
minerals, particularly nickel; failure of plant, equipment or processes
to operate as anticipated; accidents, labour disputes and other risks
of the mining industry. Although management of the Company has
attempted to identify important factors that could cause actual results
to differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The Company does not undertake to update
any forward-looking statements, except in accordance with applicable
securities laws.
Further information is available on the Company's website at
www.crowflight.com or contact:
Mark Trevisiol
President and CEO
Crowflight Minerals
Tel: (416) 861-5893
Heather Colpitts
Manager, Investor and Public Relations
Crowflight Minerals
Tel: (416) 861-5803
info@crowflight.com
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Copyright (c) 2009 CROWFLIGHT MINERALS INC. (CML) All rights reserved.
For more information visit our website at http://www.crowflight.com/
or send mailto:info@crowflight.com
Message sent on Fri Aug 21, 2009 at 11:46:46 AM Pacific Time
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Crowflight Mineral Inc.
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PRODUCTEUR |
CODE : CML.TO |
ISIN : CA13758Y2015 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Crowflight Mineral est une société de production minière de nickel basée au Canada. Crowflight Mineral est productrice de nickel, de cuivre au Canada, et détient divers projets d'exploration au Canada. Son principal projet en production est BUCKO LAKE au Canada et ses principaux projets en exploration sont AER/KIDD, TNB SOUTH et APEX DISCOVERY au Canada. Crowflight Mineral est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 938 000 CA$ (682 583 US$, 609 615 €). La valeur de son action a atteint son plus haut niveau récent le 01 novembre 1996 à 96,02 CA$, et son plus bas niveau récent le 04 février 2016 à 0,03 CA$. Crowflight Mineral possède 37 520 000 actions en circulation. |