Greystar Resources Appoints Geoff Chater Vice President Corporate Development
October 06 2009 - 2:00AM
UK Regulatory
TIDMGSL
Greystar Resources Appoints Geoff Chater Vice President Corporate Development
FOR: GREYSTAR RESOURCES LTD.
TSX, AIM SYMBOL: GSL
October 6, 2009
Greystar Resources Appoints Geoff Chater Vice President Corporate Development
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 6, 2009) - Greystar Resources Ltd. (the "Company")
(TSX:GSL)(AIM:GSL) is pleased to announce the appointment of Geoff Chater as Vice President Corporate
Development. Reporting to the CEO, Mr. Chater will have the primary mandate of developing and
executing a communications strategy to increase awareness of the Company's plans and performance. Mr.
Chater has been an Independent Director of Greystar since May, 2006. In accepting this position, Mr.
Chater has stepped down from the Board of Directors. The Board will immediately initiate a search to
fill the vacant position.
David Rovig, President and CEO commented "Geoff is a welcome addition to the senior management team at
Greystar. His experience in the mining industry as a liaison with the investment community will
improve our efforts to effectively communicate with our stakeholders. Geoff will also be responsible
for providing advice on strategic initiatives including corporate finance and business development.
While we will miss his contributions as a Director, the Board believes that Geoff's previous
experience with growth oriented mining companies will be an asset as Greystar transitions from
explorer to producer."
Mr. Chater holds a B.Sc. Degree in Geology from Texas Christian University and has over 22 years of
experience in the mining industry. Mr. Chater is a Principal of Namron Advisors, a corporate
communications consultancy and from 1999-2008, held the position of Manager of Corporate Relations for
copper producer First Quantum Minerals Ltd. During his career, Mr. Chater held similar positions with
Nevada Pacific Gold Ltd., Eldorado Gold Corporation, Fairbanks Gold Corporation and Ivanhoe Capital
Corporation.
Recently appointed Chief Financial Officer Mr. Timothy Lallas (news release August 18, 2009) has also
been appointed to the new position of Vice President Finance, Administration and CFO.
About Greystar Resources Ltd.
Greystar Resources Ltd. is a precious metals exploration and development company that is currently
completing a feasibility study on its wholly owned, multi-million ounce Angostura gold-silver deposit
in northeastern Colombia. A positive prefeasibility study announced on March 25, 2009 envisions
average annual production at Angostura of 511,000 ounces of gold and 2.3 million ounces of silver over
a 15 year mine life.
Forward-Looking Statements
Certain statements in this press release are "forward-looking" within the meaning of Canadian
securities legislation. They include statements regarding the anticipated effect of the new
appointments, estimated annual production and estimated mineral resources. Forward-looking statements
are necessarily based upon a number of estimates and assumptions that, while considered reasonable by
the Company, are inherently subject to significant business, economic, competitive, political and
social uncertainties and other contingencies. Many factors could cause the Company's actual results to
differ materially from those expressed or implied in the forward-looking statements. These factors
include, among others, conclusions or realization of mineral resources, the actual results of
exploration activities, possible variations in ore grade or recovery rates, fluctuations in the price
of gold and silver, risks relating to additional funding requirements, political and foreign risks,
production risks, environmental regulation and liability, government regulation as well as other risk
factors set out under the heading "Risk Factors" in the Company's final short form prospectus dated
September 22, 2009 which is available on SEDAR at www.sedar.com. Investors are cautioned not to put
undue reliance on forward-looking statements due to the inherent uncertainty therein.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Greystar Resources Ltd. - North America
Mr. Geoff Chater
VP
(604) 614-7830
OR
Greystar Resources Ltd. - North America
Mr. Andreas Curkovic
Investor Relations
(416) 577-9927
www.greystarresources.com
OR
NCB Stockbrokers Limited - London
Christopher Caldwell
+44 (0) 20 7071 5200
Christopher.Caldwell@ncb.ie
Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and
neither accepts responsibility for the adequacy or accuracy of this news release.
Greystar Resources Ltd.
Greystar (LSE:GSL)
Historical Stock Chart
From Oct 2024 to Nov 2024
Greystar (LSE:GSL)
Historical Stock Chart
From Nov 2023 to Nov 2024