Latin American Minerals Announces the Appointment of Mr. Julio Martinez as Chief Financial Officer
TORONTO, ONTARIO -- (Marketwire) -- 10/18/11 -- Latin American Minerals Inc. (TSX VENTURE: LAT)(OTCQX: LATNF) ('Latin American' or the 'Company') announces the appointment of Julio Martinez to the position of Chief Financial Officer, who has replaced Raymond Mitchell.
Mr. Martinez is a financial professional and CGA with 13 years of experience with public and private companies in Canada and internationally. This experience includes budgeting, accounting and controls related to mine start-up operations in South America, financial reconciliations for multiple Latin American offices, and mergers and acquisitions.
Miles Rideout, the President and CEO of Latin American Minerals, said, 'Julio is an important and welcome addition to our team. His extensive experience, particularly in mine development, and his understanding of South American business will be invaluable as we accelerate our plans for LAT's projects. I also want to thank Ray Mitchell for his many contributions to the company.'
About the Company
Latin American Minerals Inc. is a well-financed mineral exploration company focused on the acquisition and development of projects in emerging mineral districts within South and Central America. In 2007, the Company identified Paraguay as a significant country for grassroots exploration. The multiple new mineral systems identified in this stable democratic country demonstrate a tremendous breadth of mineral wealth. The Company's Paso Yobai Gold Project, the Itapoty Diamond Project and the Chiriguelo Rare Earths/Niobium Project are all located in Paraguay. The Company's Tendal Zinc/Copper Project is located in Argentina. More information is available on the Company's website: www.latinamericanminerals.com.
The statements made in this press release that are not historical facts contain forward-looking information that involves risk and uncertainties. All statements, other than statements of historical facts, which address Latin American Minerals' expectations, should be considered forward-looking statements. Such statements are based on management's exercise of business judgment as well as assumptions made by and information currently available to management. When used in this document, the words 'may', 'will', 'anticipate', 'believe', 'estimate', 'expect', 'intend' and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as contained in Latin American Minerals' filings with Canadian securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of any unanticipated events, unless required under applicable securities laws. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize.
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.
Contacts:
Latin American Minerals Inc.
Miles Rideout
President and CEO
Toronto: (1-416) 363-0841 or 902-8558
Argentina: (54-261) 439-9268
Latin American Minerals Inc.
Andreas Curkovic
Investor Relations
416-577-9927
www.latinamericanminerals.com