Canamex Welcomes Gold Resource's CEO Jason Reid to its Board of Directors
April 14 2014 - 8:00AM
Marketwired
Canamex Welcomes Gold Resource's CEO Jason Reid to its Board of
Directors
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 14, 2014) -
Canamex Resources Corp. (the "Company")
(TSX-VENTURE:CSQ)(OTCQX:CNMXF)(FRANKFURT:CX6) is pleased to
announce the appointment of Mr. Jason Reid to its Board of
Directors. Mr. Reid serves as Gold Resource Corporation's CEO,
President and Director. "Jason has contributed to all aspects of
Gold Resource's evolution from explorer to dividend paying precious
metal producer, and is a welcome addition to the team as we
continue to progress our Bruner Gold Project in Nye County,
Nevada," stated Company Chairman and CEO Robert Kramer.
On February 28, 2014 Canamex announced a strategic investment of
$2 million from Gold Resource Corporation ("GRC"). GRC is now the
Company's largest shareholder, holding 22,222,222 common shares
representing over 18 percent of the Company's present issued and
outstanding shares. For so long as GRC holds more than 10 percent
of Canamex's outstanding shares (on an undiluted basis), GRC has
the right to nominate one person to the board.
About Jason Reid
Mr. Jason Reid was appointed Gold Resource Corporation's CEO
October 1, 2013 and also serves as GRC President and as a director.
Prior to that Mr. Reid was appointed President of Gold Resource
Corporation in July 2010 and also served as Vice President of
Corporate Development from January 2008 to July 2010. He was named
to the Board of Directors in 2010. Mr. Reid has been with Gold
Resource Corporation since it was a private Company and helped take
it public in September of 2006 with its self-underwritten "IPO". He
was part of a management team that took Gold Resource Corporation
from an exploration stage company, to a development stage company,
and finally to the gold and silver dividend paying producer that
Gold Resource Corporation is today.
About Gold Resource Corporation
Gold Resource Corporation is a gold and silver producer
targeting projects that feature low operating costs and high
returns on capital. The Company's primary focus is on cash flow,
with a priority to return meaningful monthly dividends back to the
owners of the Company, its shareholders, and has returned over $95
million as dividends to date. The Company's "Oaxaca Mining Unit"
consists of 100% interest in six potential high-grade gold and
silver properties in the southern state of Oaxaca, Mexico. The
Company currently produces gold, silver, copper, lead and zinc from
its high-grade polymetallic, epithermal "Arista" deposit.
ON BEHALF OF THE BOARD
Robert Kramer, Chairman and CEO
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.
Canamex Resources Corp.Robert
Kramer604.828.0067www.canamex.us
Canamex Gold (CE) (USOTC:CNMXF)
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