EurOmax Appoints Quinton Hennigh to Board of Directors
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/13/12 -- EurOmax Resources Ltd. (TSX VENTURE: EOX) (OTCQX: EOXFF) ('EurOmax' or, the 'Company') is pleased to announce that Dr. Quinton Hennigh has been appointed a director of the Company effective immediately. Dr. Hennigh is an economic geologist with more than 20 years of exploration experience. Currently he is the President & Chief Executive Officer of Novo Resources Corp, a junior mineral exploration company. Dr. Hennigh is also a technical advisor and director of Gold Canyon Resources where he helped build a very successful exploration program at Gold Canyon's Springpole deposit in Ontario. Dr. Hennigh has been a technical advisor to EurOmax Resources since November 30, 2010 and Chief Geologist for EurOmax since January 9, 2012.
Prior to entering the junior mining sector, he was an Exploration Geologist with Newmont Mining Corp., Newcrest Mining, and Homestake Mining, during which time he worked on projects in North America, Europe, Australia, Asia, and South America. Dr. Hennigh holds a Bachelor of Science from the University of Missouri and he earned a M.Sc. and a Ph.D in geology and geochemistry from the Colorado School of Mines in 1993 and 1996, respectively. He is a member of the Society of Economic Geologists, the Mining and Metallurgical Society of America and the Association of Professional Geoscientists of Ontario.
'Quinton has been very successful with several exploration companies and we look forward to his increased role at EurOmax,' commented Mark Gustafson, President & Chief Executive Officer of EurOmax. 'We also wish to thank Mr. Armstrong for his contributions on the technical advisory board and on the board of directors, and wish him well in his future endeavours.'
Mr. Hennigh's appointment is subject to the approval of the TSX Venture Exchange.
The Company also advises that William P. Armstrong has resigned from EurOmax's board of directors to pursue other interests. The Company extends its appreciation to Mr. Armstrong for his contributions to EurOmax.
About EurOmax Resources Ltd.
EurOmax is a Canadian company with three core properties in Bulgaria, Serbia and Macedonia. We are focused on identifying, acquiring and developing mineral resources in Southeastern Europe with the objective of becoming a world-class mining company in the region. Our strength is our local staff, knowledge and technical expertise in Bulgaria, Serbia and Macedonia.
This news release contains forward-looking statements including but not limited to statements regarding the development of the Company's properties. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on information currently available to the Company as well as the Company's current beliefs and assumptions made by the Company, including that the results of exploration of the Company's properties may result in development of those properties. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that actual results of exploration activities will be different than anticipated. Readers are also encouraged to review all Company documents filed with the securities authorities in Canada, including the Management Discussion and Analysis in respect of the Company's recent financial statements under the heading 'Operational and Other Business Risks', which documents describe material factors and assumptions and risks that apply to the forward-looking statements in this release. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and 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 required by law.
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 Ltd.
Mark Gustafson
President & CEO
(604) 454-8677
markg@euromaxresources.com
www.euromaxresources.com