Premium Exploration Appoints Ken Booth to Its Board of Directors
29 11월 2011 - 5:56AM
Marketwired
Premium Exploration Inc. (TSX VENTURE:PEM)(OTCQX:PMMEF) ("Premium"
or the "Company") is pleased to announce that Mr. Ken Booth has
been appointed to the Company's Board of Directors.
Commensurate with the development of the Idaho Gold Project,
Premium is realigning its team and Board of Directors to further
the development of the property. In line with this strategy, Mr.
Booth brings over 30 years of experience in mining and exploration,
corporate finance, and the management of public companies. He has
worked for two of Canada's largest investment banks executing
numerous equity financings for both junior and senior companies and
was involved in a number of significant mergers and
acquisitions.
While working with resource companies, Mr. Booth has held
several positions including CEO and Vice-President of Corporate
Development. In these roles he was instrumental in securing equity
funding and negotiating property acquisitions, and joint ventures.
He holds an MBA from St. Mary's University and a Bachelor of
Science in geology from Carleton University. Mr. Booth is a
Director of El Tigre Silver Corp. and Invenio Resources Corp., both
companies are listed on the TSX Venture Exchange.
Mr. Booth has been granted 150,000 stock options which are
exercisable at a price of $0.25 for a period of three years from
the date of the grant. The options will vest according to the
Company's Stock Option Plan and the grant to Mr. Booth is subject
to approval by the TSX Venture Exchange.
Concurrent with Mr. Booth's appointment, Mr. Patrick Sam Yue has
stepped down from the Board of Premium to pursue other mining
interests in Australia.
About Premium Exploration Inc.
Premium Exploration Inc. (TSX VENTURE:PEM)(OTCQX:PMMEF) is
focused on gold exploration at its district-sized Idaho Gold
Project along the Orogrande Shear Zone in North-Central Idaho, USA.
The "OSZ" is a +30 km regionally-significant trending structure
with multiple known zones of gold mineralization, similar to many
large gold belts, like the Carlin Trend in Nevada. For additional
information, please visit us at www.premiumexploration.com.
This press release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Security
Exchange Act of 1934, and involves a number of risks and
uncertainties. Important factors that could cause actual results to
differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time with the TSX
Venture Exchange and the British Columbia Securities Commission.
All statements, other than of historical fact, included herein are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements.
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.
Contacts: Premium Exploration Inc. Mr. Del Steiner President
& Chief Executive Officer (604) 682-0243 (604) 682-2499
(FAX)dsteiner@premiumexploration.com,
info@premiumexploration.comwww.premiumexploration.com Opes Capital
Inc. Ms. Christine Kopr Corporate Communications (604) 682-0243
(604) 682-2499
(FAX)ckopr@opescapitalinc.comwww.opescapitalinc.com
Premium Expl (CE) (USOTC:PMMEF)
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