PMI Gold Corporation - Resignation of Director
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VANCOUVER, April 11 /CNW/ --
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO
U.S. NEWS AGENCIES/
TSX Venture Exchange: PMV
Australian Securities Exchange: PVM
Frankfurt: PN3N.F
VANCOUVER, April 11 /CNW/ - PMI Gold Corporation ('PMI Gold' or 'the Company') (ASX: PVM) (TSX.V: PMV) advises that Mr. Douglas MacQuarrie has tendered his resignation as a
Director of the Company, effective immediately.
Mr. MacQuarrie stepped down from PMI Gold's Managing Director to
Director at the start of this year after the Company recruited highly
experienced mining executive, Mr. Collin Ellison, as Managing Director
and CEO to lead the development of the Company's advanced Obotan and
Kubi gold projects in Ghana, West Africa.
PMI Gold Chairman, Mr. Peter Buck, expressed his thanks to Mr.
MacQuarrie on behalf of the Company's Board and Management Team for his
significant contribution over several years, particularly in
identifying and securing the exploration tenements and gold deposits
which now underpin PMI Gold's development as an emerging West African
gold company.
'On behalf of my fellow Directors, we would like to thank Mr. MacQuarrie
for the hard work and substantial entrepreneurial effort he has put
into building the Company,' he said. 'Under the strong leadership of
Collin Ellison, I am confident that PMI Gold has a strong and capable
Board and Management Team in place to lead the development of the
Obotan and Kubi assets and unlock the potential of our extensive
exploration holdings in West Africa,' Mr Buck added.
On behalf of the Board,
Peter Buck
Chairman
About PMI Gold
PMI Gold Corporation (TSX.V: PMV, ASX: PVM) controls four previous operating mines on 85 kilometres of Ghana's major
gold belts which were successfully mined at much lower gold prices, all
located near the centre of near 200 million ounces of historical gold
production and current resources.
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.
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Canada: Dianne Szigety, Corporate Secretary 1 (604) 682-8089 Toll-Free: 1 (888) 682-8089
Australia: Collin Ellison, Managing Director: Mobile: 61 401 888 323
Nicholas Read / Paul Armstrong, Read Corporate: 61 8 9388 1474 Mobile: 61 419 929 046
or Peter Buck Non Executive Chairman: Mobile: 61 411 554 099
Or visit the PMI Gold Corporation website at www.pmigoldcorp.com