EurOmax Adds to Technical Advisory Board and Issues Stock Options to Consultants
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/21/11 -- EurOmax Resources Limited (TSX VENTURE: EOX)(PINK SHEETS: EOXFF) ('EurOmax' or the 'Company') is pleased to announce that Mr. William P. Armstrong, P. Eng., has joined the Company's technical advisory board effective immediately.
Mr. Armstrong is a geological engineer with Bachelors and Masters of Applied Science degrees from the University of British Columbia and over 40 years of experience in the exploration and evaluation of base and precious metals projects. He retired from Teck Cominco Ltd. in 2006, where he held the position of General Manager, Resource Evaluation. In that role he was responsible for compilation and review of all mineral reserves and resources for Teck Cominco and, prior to that, Cominco Ltd. Throughout his career, he was actively involved in numerous feasibility studies that brought many new mines into production, notably the Highland Valley Copper and Polaris operations in Canada and the Quebrada Blanca mine in Chile.
Mr. Armstrong is currently a director of Taseko Mines Ltd.
Mark Gustafson, President and CEO, states 'Mr. Armstrong's broad range of experience with exploration and late stage projects will be invaluable to our Company for the evaluation of our existing properties for potential joint venture partner discussions. He will complement the geological experience and talent of our existing technical advisors, Dr. Roger Moss and Dr. Quinton Hennigh, very well.'
The Company also reports that it has issued 900,000 stock options to various consultants pursuant to the Company's stock option plan. The options have been issued subject to regulatory approval and are exercisable at $0.35 per share with a five year term.
About EurOmax Resources Limited
EurOmax is a Canadian company focused on precious and base metal projects in Southeastern Europe. Our strength is the local staff, knowledge and technical expertise in Bulgaria, Serbia and Macedonia.
For further information please visit www.EurOmaxresources.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
San Diego Torrey Hills Capital
(858) 456-7300
www.torreyhillscapital.com
EurOmax Resources Limited
Mark Gustafson
President & CEO
(604) 454-8677
markg@euromaxresources.com
www.EurOmaxresources.com