Business
Coniagas Announces Appointment of New President & CEO
TORONTO, July 16 /CNW/ - Coniagas Resources Limited ("Coniagas" or the "Company") (TSX-V: "CNY") ...
About this update from American Lithium Corp.
[{"type":"text","content":"\n\n\n\nTORONTO, July 16 /CNW/ - Coniagas Resources Limited ("Coniagas" or the\n"Company") (TSX-V: "CNY") is pleased to announce the appointment of David\nMeyer as the Company's new President & CEO.\n\n\nMr. Meyer is a mining professional with 15 years experience in\nExploration & Corporate Development with a number of both junior and senior\nmining companies including Hudson Bay Mining & Smelting Ltd. Mr. Meyer also\nspent more than 6 years as a senior mining analyst and corporate finance\nprofessional.\n\n\nMr. Maurice Colson, the Company's current Vice-Chairman said "we look\nforward to the addition of Mr. Meyer, who is a seasoned Mining and Corporate\nDevelopment professional who has been active in capital markets and has been\ninvolved in bringing a number of junior mining companies from microcap status\nto advanced-stage over the last five years."\n\n\nAbout Coniagas\n\n\nConiagas Resources Limited ("Coniagas") is a Canada-based resource\ncompany whose focus is to explore and develop mineral deposits throughout\nNorth America. The Company, created in 1906, is listed on the TSX Venture\nExchange under the symbol CNY and at present has approximately 12.5 million\nshares currently outstanding (approximately 15.1 million shares fully\ndiluted).\n\n\nThe Company's current assets include a 40% equity ownership with St.\nAndrews Goldfields Limited, in a joint venture to explore certain mineral\nclaims in Garrison, Michaud and Guibord townships in Ontario and a 100%\ninterest in the former producing Nudulama (Missanabie Mine) property in the\nWawa region of Ontario.\n\n\nIn April 2008, the Company signed a Letter Of Intent with a group of\noptioners including Societe De Developpement De La Baie James to explore and\ndevelop a group of claims encompassing the historic "CYR Lithium-bearing\nPegmatite Deposit" located approximately 380 km North of Mattagami, Quebec.\n\n\nThe Company, under the new management, expects to undertake an evaluation\nof all existing projects, and carry out work programs where warranted. As\nwell, the Company feels that this strong resource market has presented an\nexcellent opportunity for additional world-class projects which the Company\nwill evaluate as they become available.\n\n\nThis press release contains forward-looking statemen...