New Guinea Gold Appoints New CFO
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/29/10 -- New Guinea Gold Corporation (TSX VENTURE: NGG)(FRANKFURT: NG8) (NGG or the Company) announces that Mr Paul Schultz has resigned as Chief Financial Officer (CFO).
Ms Lisa Hartin has been appointed CFO effective 28th June 2010. Lisa has approximately 20 years accounting experience, graduating Bachelor of Business (Accounting) from Griffith University in 1992. Lisa is presently Chief Accountant for NGG subsidiary New Guinea Gold Ltd, has been with the NGG group for the past 17 years, and is well acquainted with exploration company accounting, and all aspects of New Guinea Gold's operations.
Paul Schultz has indicated he will be available over the next quarter on a consulting basis if necessary for continuity. We thank Paul for his past service to the company and welcome Lisa as CFO.
For further information on this release or on other NGG projects such as the Sinivit Gold Mine, contact Forbes West toll free at (888)6555532, email forbes@sherbournegroup.ca, info@newguineagold.ca, or access our website - www.newguineagold.ca.
ON BEHALF OF THE BOARD
R.D.McNeil, CHAIRMAN & CEO
Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of NGG, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of resource and reserve estimates, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
Neither 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:
New Guinea Gold Corporation
Forbes West
Toll Free at (888)6555532
forbes@sherbournegroup.ca
info@newguineagold.ca
www.newguineagold.ca