Minaurum Gold Appoints Mine Developer To Board
May 20 2014 - 1:01PM
Marketwired
Minaurum Gold Appoints Mine Developer To Board
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 20, 2014) -
Minaurum Gold Inc. ("Minaurum") (TSX-VENTURE:MGG) is pleased to
announce that Mr. David J. Baker, CA has been appointed to the
Board of Directors. Mr. Baker has over 20 years of management
experience and was part of Ivanhoe Mines ("Ivanhoe") that
successfully advanced the Oyu Tolgoi Copper and Gold deposit from
exploration into production. Over a ten year period with Ivanhoe,
he held a number of positions including Vice-President Treasurer,
Manager Corporate Development and Manager Finance. As part of the
management team at Ivanhoe and in co-operation with the Rio Tinto
group, Mr. Baker's financial and technical experience was
instrumental in advancing a $4 billion dollar debt facility with
eight government and international banks, and the Government of
Mongolia and separately securing over $1 billion dollars in equity
financing to progress Ivanhoe projects.
Minaurum also announces that Mr. Richard Brissenden and Dr.
Stephan Zimmermann are stepping down as Directors of Minaurum. Mr.
Brissenden has agreed remain as an advisor to Minaurum.
Darrell Rader, President & CEO of Minaurum, stated, "David
provides Minaurum with significant expertise in both managing and
financing projects from discovery through to production. His skills
directly complement our strong technical abilities. I am confident
that David will be an outstanding addition to the Board of
Directors. In addition, I would like to thank both Richard and
Stephan for their contributions to the Board during their tenure
with us. We wish them all the best in their future endeavors."
Minaurum Gold is a gold-copper explorer focused on its Vuelcos
del Destino gold project in the Guerrero Gold Belt, Mexico and the
Santa Marta copper VMS project in Oaxaca, Mexico. For more
information, please visit our website at www.minaurum.com and our
YouTube Minaurum Video Channel at
(http://www.minaurum.com/s/VideoGallery.asp).
ON BEHALF OF THE BOARD
Darrell A. Rader, President and CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Note Regarding Forward Looking Statements: Certain
disclosure in this release, including statements regarding the
settlement of debt, constitute forward-looking information. In
making the forward-looking statements in this release, Minaurum has
applied certain factors and assumptions that are based on
Minaurum's current beliefs as well as assumptions made by and
information currently available to Minaurum, including that the
Minaurum is able to obtain any required regulatory approvals.
Although Minaurum considers these assumptions to be reasonable
based on information currently available to it, they may prove to
be incorrect, and the forward-looking statements in this release
are subject to numerous risks, uncertainties and other factors that
may cause future results to differ materially from those expressed
or implied in such forward-looking statements, including delays in
obtaining or failure to obtain required regulatory approvals.
Readers are cautioned not to place undue reliance on
forward-looking statements. Minaurum does not intend, and expressly
disclaims any intention or obligation to, update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.
Minaurum Gold Inc.Sunny PannuInvestor Relations Manager(778) 330
0994info@minaurum.com
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