Cougar Minerals Corp. Appoints Larry Sederstrom and Grants Options
17 1월 2014 - 10:59PM
Access Wire
January 17, 2014
- Cougar Minerals Corp. - TSX-V: COU
("Cougar"
or the "Company") is pleased to announce
the appointment of Mr. Larry Segerstrom to the Board
of Directors and the position of Qualified Person
(QP), as that term is defined under National Instrument 43-101, for
work programs carried out over the Company properties.
Mr. Segerstrom is a professional geologist
with more than 30 years of experience in mining industry including
20 years in exploration and 12 years in senior management with
large domestic and international mining operations. Larry holds a
M.Sc. in Geology, and a M.B.A in International
Management.
Previous assignments include
Manager of Geologic Services Group for Freeport-McMoRan from 1999
to 2003, where he managed all onsite geologic activities in the
world-class Grasberg Mining District in Indonesia, including open
pit and underground mine geology and district exploration. He was
general manager of Layne Christensen drilling company's highly
successful Mexican subsidiary from 1993-1999. As a geologist for Newmont, Noranda and Phelps
Dodge from 1976-1993, Larry conducted greenfield and brownfield
exploration, evaluation and development in diverse geologic
settings in western U.S., Mexico and Chile, including epithermal
precious metal (low and high sulfidation), mesothermal shear-hosted
gold, iron oxide copper-gold, polymetallic replacement, copper
porphyry/skarn and porphyry molybdenum.
Mr. Segerstrom has a B.S.
(Geology) from Colorado State
University, an M.S.
(Geology) from University of Arizona, and an M.B.A. from Thunderbird, The Garvin
School of International Management (2005). He is a Fellow of
the Society of Economic Geologists
and is certified as a Project
Management Professional by the Project Management Institute.
. Mr. Segerstrom is based in the United States and is fluent
in Spanish, which will prove valuable in identifying and evaluating
potential gold projects in Latin America and the United
States.
Murray Nye, the president and CEO of "Cougar"
states: "I am very pleased that Larry is now part of the Cougar
team. He is a very dedicated person and possesses a strong interest
and passion for the mining industry. He brings solid experience and
a lineup of successes which serve to enhance Cougar's
future."
Mr. Larry Segerstrom comments, "I look forward to working
with the Cougar board and management team on the existing portfolio
of projects and assisting with generation of new business
development options for the Company and its shareholders. I believe
the current market conditions provide an opportunity for an
aggressive and systematic review of new assets".
Ross Blusson and Derek Huston have resigned from the Board
of Directors. The Company thanks both Mr. Blusson and Mr. Huston
for their valuable service and contributions, and are pleased to
receive their continued support to the Company as members of the
advisory board.
The Company has granted 1,200,000 incentive stock options
to directors, employees and consultants of the Company at an
exercise price of $0.18 per common share expiring five years from
the date of grant, January 16, 2014. The options are being granted
pursuant to the Company's incentive stock option plan which was
approved by shareholders on June 20, 2013 and are subject to any
necessary regulatory or stock exchange requirements.
COUGAR MINERALS
CORP.
s/ "Murray Nye"
Murray Nye
President
For more information, please
contact:
Cougar Minerals Corp.
Murray Nye, President/CEO
murray@cougarminerals.com
(204) 989-2434
http://www.cougarminerals.com/
The TSX Venture Exchange, nor
its Regulation Services Providers (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. The information in this
release may contain forward-looking information under applicable
securities laws. This forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may
cause actual results to differ materially from those implied in
the
forward-looking information.
Cougar Minerals Corp. (TSXV:COU)
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