General Moly Appoints Scott Roswell as Corporate Counsel and Vice President of Human Resources
General Moly (NYSE Amex: GMO)(TSX: GMO) announced that Scott Roswell has
been appointed as Corporate Counsel and Vice President of Human
Resources. Scott will be replacing Brent Chamberlain in oversight of
Human Resources, who plans to retire at the end of the year.
Mr. Roswell most recently served as General Counsel and Executive Vice
President of Law and Human Resources at Flatiron Financial Services
Inc., a Denver-based loan servicing firm. There, he managed a range of
Human Resource issues including recruitment, hiring, and benefit program
design and implementation. Additionally, Scott managed the legal
department and the firm's relationship with outside counsel. Previously,
Scott spent ten years serving as in-house Counsel for Qwest and US West,
where he practiced in the Risk Management group. Prior to that, Scott
was an Associate for the Denver law firm Hall and Evans.
Scott has a law degree from the University of Denver and a bachelor's
degree in business from the University of Colorado.
Bruce D. Hansen, Chief Executive Officer, said, 'We are extremely
pleased to have Scott join the General Moly team to lead our legal and
HR efforts as we build a world-class organization and prepare for
staffing and operating the Mt. Hope project. Scott brings a unique blend
of legal and human resource experience that will be an asset to our
organization moving forward.'
General Moly is a U.S.-based molybdenum mineral development, exploration
and mining company listed on the NYSE Amex (formerly the American Stock
Exchange) and the Toronto Stock Exchange under the symbol GMO. Our
primary asset, our interest in the Mt. Hope project located in central
Nevada, is considered one of the world's largest and highest grade
molybdenum deposits. Combined with our second molybdenum property, the
Liberty project that is also located in central Nevada, our goal is to
become the largest primary molybdenum producer by the middle of the
decade. For more information on the Company, please visit our website at http://www.generalmoly.com.
Forward-Looking Statements
Statements herein that are not historical facts are 'forward-looking
statements? within the meaning of Section 27A of the Securities Act, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended and are intended to be covered by the safe harbor created by
such sections. Such forward-looking statements involve a number of risks
and uncertainties that could cause actual results to differ materially
from those projected, anticipated, expected, or implied by the Company.
These risks and uncertainties include, but are not limited to, metals
price and production volatility, global economic conditions, currency
fluctuations, increased production costs and variances in ore grade or
recovery rates from those assumed in mining plans, exploration risks and
results, political, operational and project development risks, including
the Company′s ability to obtain required permits to commence production
and its ability to raise required financing, adverse governmental
regulation and judicial outcomes. The closing of the Hanlong transaction
and obtaining bank financing are subject to a number of conditions
precedent that may not be fulfilled. For a detailed discussion of risks
and other factors that may impact these forward looking statements,
please refer to the Risk Factors and other discussion contained in the
Company′s quarterly and annual periodic reports on Forms 10-Q and 10-K,
on file with the SEC. The Company undertakes no obligation to update
forward-looking statements.
General Moly
Investors:
Seth Foreman, 303-928-8591
sforeman@generalmoly.com
or
Business
Development
Greg McClain, 303-928-8601
gmcclain@generalmoly.com
or
Website:
http://www.generalmoly.com
info@generalmoly.com