Midway Gold Appoints Corporate Controller
Midway Gold Corp. ('Midway' or the 'Company') (MDW:TSX-V; MDW:NYSE-AMEX)
announces that it has appointed Adam Riches to the office of Corporate
Controller, reporting to Fritz K. Schaudies, Chief Financial Officer.
Mr. Riches joins Midway from Alacer Gold Corp. where he worked in
finance and accounting, consolidating and reporting on results for a
mine development property in Central Asia and multiple gold mining
operations in Australia. Previously, Mr. Riches worked as a strategy and
operations consultant with Deloitte (for Coca-Cola and AIG, among
others) and as an auditor for Ernst & Young. He holds both an
undergraduate and master′s degree of accountancy from Brigham Young
University. He is fluent in Spanish and is a licensed Certified Public
Accountant in the State of Colorado.
Concurrent with his appointment, Midway′s board of directors granted Mr.
Riches incentive stock options for a total of 50,000 shares of Midway's
common stock pursuant to the Company′s shareholder approved combined
incentive and non-qualified stock option plan. The options are
exercisable for up to five years at a price of C$2.34 per share, being
the last closing price of Midway's common shares on the TSX Venture
Exchange prior to the board of directors granting the options. The
options are subject to vesting provisions and any applicable regulatory
hold periods.
ON BEHALF OF THE BOARD
'Kenneth A.
Brunk?
Kenneth A. Brunk, President, COO and Director
About Midway Gold Corp.
Midway Gold Corp. is a precious metals company with a vision to explore,
design, build and operate mines in a manner accountable to all
stakeholders while producing an acceptable return to its shareholders.
For more information about Midway, please visit our website at www.midwaygold.com
or contact R.J. Smith, Vice President of Administration, at (877)
475-3642 (toll-free).
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.
Midway Gold Corp.
R.J. Smith, 877-475-3642 (toll-free)
Vice
President of Administration