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PMI advises appointment of new Corporate Secretary

07.07.2011  |  CNW

VANCOUVER, July 7, 2011 /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, July 7, 2011 /CNW/ - PMI Gold Corporation (TSX.V: PMV) (ASX: PVM) is pleased to announce the appointment of Marion McGrath as corporate
secretary of the Company.


Marion McGrath has been actively engaged in the securities industry for
over 25 years.  She has served as a director and officer of numerous
public companies in a corporate administrative capacity.  Ms. McGrath
is the owner of iO Corporate Services Ltd., which company provides
corporate and accounting services to various publicly-traded Canadian
companies.  Prior to organizing iO Corporate, Ms. McGrath was a senior
paralegal with a Vancouver-based securities law firm.


The PMI Board would like to thank Ms. Szigety for her contribution to
the Company and wish her well for the future.


On behalf of the Board,


Collin Ellison


Managing Director/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.


Cautionary Note Regarding Forward-looking Statements


This news release includes certain forward-looking statements or
information.  All statements other than statements of historical fact
included in this release, including, without limitation, statements
relating to the potential mineralisation and geological merits of the
Obotan and Kubi projects and the plans, objectives or expectations of
the Company with respect to the advancement of these projects and
completion of scoping and pre-feasibility studies, are forward-looking
statements that involve various risks and uncertainties.  There can be
no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those
anticipated in such statements.  Important factors that could cause
actual results to differ materially from the Company's plans or
expectations include risks relating to the actual results of current
exploration activities; fluctuating gold prices; possibility of
equipment breakdowns, delays and availability; exploration cost
overruns; availability of capital and financing; general economic,
market or business conditions; regulatory changes; timeliness of
government or regulatory approvals; and other risks detailed herein and
from time to time in the filings made by the Company with securities
regulators, including in the section entitled 'Risk Factors' in the
Company's Annual Information Form dated December 8, 2010.  In
particular, statements relating to the Company's plans to complete a
pre-feasibility study on the Obotan project by the end of 2011 are
subject to various factors, including positive results from ongoing
exploration; expansion and upgrading of existing mineral resources
(which are currently primarily in the inferred resource category); and
completion of favourable geotechnical drilling programs, metallurgical
test work, mine plan engineering, environmental and community relations
assessments, and preliminary economic assessments.  Due to the
uncertainty which may attach to inferred mineral resources, it cannot
be assumed that all or any part of the inferred mineral resources at
Obotan will be upgraded to indicated or measured mineral resources as a
result of continued exploration. 


The Company expressly disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise except as otherwise required by
applicable securities legislation.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2011/07/c4109.html

Canada:     Marion McGrath, Corporate Secretary: 1 (604) 684-6264 Extn 2
Australia:     Collin Ellison, Managing Director & CEO: ( 61) 401 888 323
    or Nicholas Read / Paul Armstrong, Read Corporate: 61 8 9388 1474  Mobile: 61 419 929 046
    or visit the PMI Gold Corporation website at www.pmigoldcorp.com



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