TintinaGold Announces Changes in Board of Directors
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/23/10 -- TintinaGold Resources Inc. ('TintinaGold' or the 'Company') (TSX VENTURE: TAU) is pleased to announce that it has appointed Mr. Steven N. Khan as a director of TintinaGold.
Mr. Khan, currently President and Director of Strathmore Minerals Corp., previously spent close to twenty years in all aspects of the investment industry, including retail, institutional sales, corporate finance, capital markets, and investment banking. Mr. Khan, a graduate of the University of British Columbia (B.Sc. - 1978 & MBA - 1983), is a Chartered Financial Analyst ('CFA'). Mr. Khan's private consulting firm, Sona Capital Limited (commenced in 2003) focuses on strategic/corporate development and capital fund raising for private and public companies. He has successfully initiated, completed or partnered several major corporate development initiatives both domestically and internationally. These include government and private company partnered ventures in China, Japan and Korea.
Rick Van Nieuwenhuyse, TintinaGold's Chairman, comments: 'We are very pleased to welcome Mr. Khan to our Board. Steven's valuable experience in all aspects of the public markets and management expertise with public resource companies will be a valuable asset to TintinaGold as we advance our plans in developing our exciting portfolio of projects.'
The Company also announces that Mr. Jerry Minni has tendered his resignation as director of the Company, effective immediately, in order to devote the time required to manage his other business commitments. Mr. Minni has agreed to continue act as a consultant to the Company.
'On behalf of the Board and the shareholders of the Company, I would like to thank Mr. Minni for his dedication, commitment and significant contributions to TintinaGold over the years. The Company looks forward to his continued involvement as a consultant with the Company,' said Mr. Raj Chowdhry, the Company's President & CEO.
The Company also announces that it has granted 100,000 stock options under the Company's Stock Option Plan to Mr. Khan, subject to regulatory approval. The option, which vests over a period of two years, will be exercisable for a period of five years.
About TintinaGold
TintinaGold is a growth company focused on the exploration and development of precious and base metals properties around the world. The Company's experienced management team has assembled an impressive portfolio of gold and base metal projects in Alaska, including the Colorado Creek gold project, located in southwest Alaska approximately 100 miles northwest of the 40 million ounce Donlin Creek project and the Kugruk copper project located 70 miles north of Nome in the northern Seward Peninsula, Alaska, and the Sheep Creek copper-cobalt property in Montana. The Company, in a short period of time, has successfully become one of the most significant gold and base metal explorers in the Tintina Gold Belt - one of the most exciting and prolific gold belts of the world.
Website: www.tinitnagold.com
ON BEHALF OF THE BOARD OF DIRECTORS
Raj Chowdhry, C.A., President & 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.
Contacts:
TintinaGold Resources Inc.
Kelsey Chin
Direct Line: 604-628-1162
KChin@tintinagold.com
www.tintinagold.com