Tirex Resources Announces Appointment of Mr. Jeffrey Steiner as Special Advisor
September 11 2012 - 4:30AM
Marketwired Canada
Tirex Resources Ltd. (TSX VENTURE:TXX) is pleased to announce the appointment of
Mr. Jeffrey Steiner as Special Advisor to the company via a position on the
company's newly formed Advisory Board.
Mr. Steiner is a Toronto-based lawyer with a unique combination of business and
public policy experience. He is currently the President and CEO of New Franchise
Media Inc., a film & television development firm founded in 2010. Previously he
served as the President and Chief Executive Officer of the Toronto Economic
Development Corporation (TEDCO) which specialized in real estate development,
waterfront revitalization and inbound investment attraction.
Mr. Steiner is a current member of the Board of Directors of Export Development
Canada (EDC), the country's official export credit agency. He serves on EDC's
Risk Management Committee and its Business Development Committee. He holds an
ICD.D designation as an accredited corporate director in Canada.
In addition to extensive private sector experience, Mr. Steiner also served the
Government of Canada at a variety of senior levels including in the position of
Chief of Staff to the Minister of National Defense and to the Minister of
Northern Development, including mining and sustainable development policies.
Mr. Steiner is very knowledgeable about the business climate and corporate
governance in Eastern Europe, and has a well-established network of
relationships in Albania. He is an active director of the NATO-related Atlantic
Council of Canada and recently attended the Atlantic Treaty Association assembly
hosted in Tirana.
Tirex Chief Executive Officer, Bryan Slusarchuk, states, "Mr. Steiner's
international business and government experience, his understanding of Albania
and his extensive knowledge of public policy development in established and
emerging free marketing economies will be invaluable as Tirex continues to
grow."
Concurrent with the appointment, 400,000 incentive options will be reserved for
Mr. Steiner.
ON BEHALF OF TIREX RESOURCES LTD.
Bryan J.R. Slusarchuk, Chief Executive Officer
Forward Looking Statements
This Tirex News Release may contain certain "forward-looking" statements and
information relating to Tirex that are based on the beliefs of Tirex management,
as well as assumptions made by and information currently available to Tirex
management. Such statements reflect the current risks, uncertainties and
assumptions related to certain factors including, without limitations,
exploration and development risks, expenditure and financing requirements, title
matters, operating hazards, metal prices, political and economic factors,
competitive factors, general economic conditions, relationships with vendors and
strategic partners, governmental regulation and supervision, seasonality,
technological change, industry practices, and one-time events. In particular, it
should be noted that the expansion of this convertible debt facility referenced
today may not close and if it does not close in a timely manner, will not fund.
Final loan documentation has not yet been signed and will be further reviewed by
both Tirex and the EBRD prior to signing. Should any one or more of these risks
or uncertainties materialize or change, or should any underlying assumptions
prove incorrect, actual results and forward-looking statements may vary
materially from those described herein.
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