Translate
(via Thenewswire.ca)
May 25, 2012 - Vancouver, British Columbia - Altiplano Minerals Ltd. ("Altiplano" or the "Company") (APN: TSX-V) announces today several management changes as well as proposed amendments to certain matters which are to be considered and voted upon at its annual shareholder meeting to be held on Monday, May 28, 2012 (the "Meeting").
Charles Chebry will be stepping down as President and Chief Executive Officer ("CEO") and John McCaffrey will be stepping down as the Chief Financial Officer ("CFO") of the Company, both effective as of May 28, 2012. "We wish to thank Mr. Chebry and Mr. McCaffrey for their invaluable services as President and CEO and interim CFO, respectively, and wish them well in their other current and future endeavors" said John Williamson, the newly appointed Chairman of the Company.
Brian Budd will be appointed the CEO, Peter Kleespies will be appointed as the President and Grant Hagen will be appointed as the CFO of the Company, all effective May 28, 2012, subject to regulatory approval.
The management information circular dated April 23, 2012 (the "Circular") for the Meeting indicated that at the Meeting, the shareholders of the Company would be invited to consider the election of the directors recommended by management. The Circular recommended that Sean Mager, John Williamson and Charles Chebry were to be re-elected as directors of the Company.
Subsequent to the mailing of the Circular, Mr. Chebry has decided not to stand for re-election as a director of the Company and therefore the Company wishes to recommend that the following persons be elected as directors of the Company at the Meeting: Brian Budd, Peter Kleespies, Sean Mager and John Williamson. Messrs. Budd and Kleepsies are the new management nominees to the Board of Directors of the Company.
Brian Budd of White Rock, British Columbia, Canada, has served with North Country Gold Corp. (NCG: TSX-V) as a Director, Corporate Secretary and VP of Corporate Development, and has played an integral role in the company's financing, public relations and corporate development activities since 2009. In addition, Mr. Budd currently serves as Director for Graphite One Resources Inc. (GPH: TSX-V); and as VP of Corporate Development for Brilliant Resources Inc. (BLT: TSX-V). Mr. Budd has an extensive management and corporate development background with over 25 years of entrepreneurial and leadership experience in the resource and high tech industries. His experience includes the development and execution of comprehensive business plans, corporate communication programs and strategies for both the domestic and international markets.
Peter Kleespies of Edmonton, Alberta, Canada, is a professional geologist registered with the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA) and has 22 years' experience in exploration geology for both precious and base metals in the Americas and Australia. He holds a Bachelor of Science (Hon. Geology) and Master of Science (Geology) from the University of Alberta. Mr. Kleespies is currently the VP Exploration for North Country Gold Corp. (NCG: TSX-V) and serves as a Director on the boards of Graphite One Resources Inc. (GPH: TSX-V) and Brilliant Resources Inc. (BLT: TSX-V). His prior experience with junior and senior mining companies includes BHP Minerals Canada Limited, Metallica Resources Inc. and Miramar Mining Corporation on a broad range of exploration projects including the High Lake and Hope Bay Greenstone Belts in the Slave Province, Archean - Proterozoic aged greenstones both in Canada, Venezuela, and Australia, as well as younger intrusion related deposits within poly-deformed carbonate terrains in Mexico and Canada. His expertise ranges from conceptual project generation and grassroots exploration to large-scale surface and underground drill programs, deposit modeling and resource estimation. Mr. Kleespies has demonstrated the application of sound technical principles and ability to integrate complex geological, geochemical and geophysical datasets in the search for, and delineation of, economically viable mineral deposits.
-------------------------------------------------------------- |Name and |Present Position|Director Since |Number of| |Municipality of|with the | |Common | |Residence |Corporation and | |Shares | | |Principal | | | | |Occupation | | | |------------------------------------------------------------| |Brian Michael |CEO and Director|Proposed Director|566,666 | |Budd |of | | | |Surrey, British|the | | | |Columbia, |Corporation; | | | |Canada | Director | | | | |of Graphite | | | | |One Resources | | | | |Inc. | | | | |(TSXV); VP of | | | | |Corporate | | | | |Development and | | | | |Corporate | | | | |Secretary | | | | |for | | | | |North Country | | | | |Gold | | | | |Corp. | | | | |(TSXV); | | | | | also | | | | |served as | | | | |Director | | | | |of | | | | | North | | | | |Country | | | | |Gold Corp. | | | | |(TSXV). | | | |------------------------------------------------------------| |Peter Kleespies|President and |Proposed Director|66,667 | |Edmonton, |Director of | | | |Alberta, |the | | | |Canada |Corporation; | | | | |VP, | | | | |Exploration, | | | | |North | | | | |Country Gold | | | | |Corp. | | | | |(TSXV); | | | | |Director of | | | | |Graphite | | | | |One | | | | |Resources | | | | |Inc. | | | | |(TSXV); Director| | | | |of Brilliant | | | | |Mining Corp. | | | | |(TSXV); | | | | |professional | | | | |geologist. | | | --------------------------------------------------------------
Grant Hagen of Edmonton, Alberta, Canada, is a graduate of the University of Alberta with a Bachelor of Commerce degree and 37 years of diverse accounting experience in the delivery of financial management and reporting for various domestic and international companies, either in or serving resource industries, including controllership and audit roles for publicly-listed junior mining companies: Mindoro Resources Ltd. (MIO: TSX-V), Golden Star Resources Ltd. (GSA: TSX), Brilliant Resources Inc. (BLT: TSX-V) and North Country Gold Corp. (NCG: TSX-V) with mineral exploration projects in the established and emerging economies of Southeast Asia, South America, West-Central Africa and Northern Canada.
The Company is committed to best corporate governance practices and has proposed the above amendments in accordance with such mandate.
About Altiplano
Altiplano Minerals Ltd. (APN: TSX-V) is a mineral exploration company with an emphasis on acquiring projects with significant potential for discovery. Currently, Altiplano has positioned itself in one of the most mineralized zones in British Columbia, Canada, with prospective copper-gold-moly targets. The GD Property is located in central British Columbia, west of Babine Lake and south of Granisle, within the Omineca Mining Division - an area that hosts two past producing mines: the Bell Copper Mine and the Granisle Copper Mine. Management is experienced in building shareholder value by identifying, evaluating, advancing, and financing promising exploration projects in Canada and abroad. The Company completed its initial public offering of its common shares on January 31, 2011 and began trading on the TSX Venture Exchange on February 2, 2011 under the symbol "APN". For more information on Altiplano Minerals Ltd., please visit the company's website: www.altiplanominerals.com
ON BEHALF OF THE BOARD
Altiplano Minerals Ltd.
/s/"John Williamson"
Chairman of the Board
+1.780.437.6624
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.
This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com
Copyright (c) 2012 Thenewswire.ca - All rights reserved.