BE Resources Announces Changes to Management Team
August 25 2011 - 9:14AM
Marketwired
BE Resources Inc. (TSX VENTURE: BER) ("BE" or the "Company") is
pleased to announce that Jon Pereira has been appointed President
and Chief Executive Officer of the Company. David Tognoni will
continue to be an important member of the management team as Chief
Operating Officer. The appointment of Mr. Pereira is subject to the
approval of the TSX Venture Exchange.
Mr. Pereira is co-founder of Olympic Circuits, a leading printed
circuit board manufacturer in Toronto that was acquired by DDI
Corp. in 2001 where he currently acts as Vice President and General
Manager of DDI's Canadian division. DDI now employs 500 people. Mr.
Pereira also acts as a director of another resource company listed
on the TSX Venture Exchange. Mr. Pereira brings to the Company
expertise in operations management, business development and
M&A. Mr. Pereira holds a Bachelor of Applied Science in
Chemical Engineering.
With these changes to the management team, and the additions to
the board announced on August 24, 2011, the Company will
immediately engage in a comprehensive review of the overall
strategy, assets and operations of the Company with a view to
advancing the Company's New Mexico beryllium and rare earth
project.
Cautionary Statements
Certain statements contained in this news release may contain
forward-looking information within the meaning of United States and
Canadian securities laws. Such forward-looking information is
identified by words such as "estimates", "intends", "plans",
"expects", "believes", "may" and "will" and include, without
limitation, statements regarding the undertaking of a comprehensive
review of the overall strategy, assets and operations of the
Company with a view to advancing the Company's New Mexico beryllium
and rare earth project. There can be no assurance that such
statements will prove to be accurate; actual results and future
events could differ materially from such statements. Factors that
could cause actual results to differ materially include, among
others, lack of funding and regulatory hurdles. Reference is made
to the risk factors contained in the Company's annual report on
Form 10-K for the year ended December 31, 2010. Most of these
factors are outside the control of the Company. Investors are
cautioned not to put undue reliance on forward-looking information.
Except as otherwise required by applicable securities statutes or
regulation, the Company expressly disclaims any intent or
obligation to update publicly forward-looking information, whether
as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: BE Resources Inc. David Tognoni Box 684 Elephant
Butte, New Mexico 87935 575-741-1527
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