Coniagas appoints Patrick Highsmith as President and CEO

About this update from American Lithium Corp.

[{"type":"text","content":"\n\n\n\nTORONTO, June 12 /CNW/ - Coniagas Resources Limited (the "Company")\n(TSX-V: CNY) is pleased to announce that it has appointed Patrick Highsmith as\nPresident and Chief Executive Officer of the Company effective June 12, 2009.\n\n\nMr. Highsmith is a Geochemist/Geologist with 20 years of multi-commodity\nminerals industry experience. He holds Bachelor's and Master's degrees in\nGeological Engineering and Economic Geology/Geochemistry from the Colorado\nSchool of Mines. Mr. Highsmith brings experience from more than 200 mines and\nprojects in over 20 countries, and he has been directly involved with numerous\ndeals, project start-ups, and financings. Mr. Highsmith has held positions in\nmining, exploration, and business development with Rio Tinto, BHP Billiton,\nand Newmont Mining. He also served as Chief Geochemist and US Manager for ALS\nChemex Labs. Most recently he was Global Manager - Exploration Business\nDevelopment with Newmont before leaving in 2008 to found Intuitive\nExploration, Inc. and the BitterRoot Group LLC.\n\n\nMr. Highsmith will be replacing Mr. Frederic W. R. Leigh, the Company's\ninterim President and Chief Executive Officer. Mr Leigh has also resigned from\nhis role as a Director of the Company. The Board of Directors would like to\nthank Mr. Leigh for his support and expertise during his term with the\nCompany.\n\n\nPursuant to the Company's stock option plan, the Company has granted\n900,000 incentive stock options to directors and consultants of the Company,\neach option exercisable at $1.35 per share until June 12, 2011.\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider\n(as that term is defined in the policies of the TSX Venture Exchange)\naccepts responsibility for the adequacy or accuracy of this release.\n\nThis news release may contain forward-looking statements. Forward-looking\nstatements address future events and conditions and therefore, involve\ninherent risks and uncertainties. Actual results may differ materially\nfrom those currently anticipated in such statements.\n\n\n","length":2153,"tagName":"div"}]

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