AuRico Gold's CEO René Marion Steps Down For Health Reasons; Scott Perry Appointed CEO

About this update from Auq Gold Mining Inc.

[{"type":"text","content":"\n\n\n\n\n\nTORONTO, July 17, 2012 /CNW/ - AuRico Gold Inc. (TSX: AUQ)(NYSE: AUQ)\n announced today that René Marion, President, Chief Executive Officer\n and Director has tendered his resignation for health reasons effective\n September 3, 2012 and that Scott Perry has been appointed President and\n Chief Executive Officer. Russell Tremayne and Peter MacPhail will\n remain as the Chief Operating Officers of Mexico and Canada\n respectively. Mr. Colin Benner has been appointed as Executive Chairman\n and will work with the management team through the transition period.\n\n\nMr. Marion has a non-life threatening degenerative medical condition\n that will require his full attention as he undergoes treatment.  He\n will remain with the company as a strategic advisor to the Board of\n Directors.\n\n\nMr. Marion was appointed Chief Executive Officer in October 2007.  Under\n his leadership the Company made significant acquisitions, including\n Northgate Minerals Corp. and Capital Gold Corp. He leaves the company\n well-positioned for future growth with quality assets in North America,\n a robust production profile, a low cost base and a strong balance\n sheet.\n\n\n\"On behalf of the Board of Directors and our entire team, we wish René\n and his family well as they face this challenge. He is an outstanding\n CEO who has led this company through a period of tremendous growth and\n transformation,\" said Colin K. Benner, Chairman of the Board. \"The\n Board is very pleased to appoint Scott Perry as CEO. Scott has\n continually proven himself to be an effective leader with a great depth\n of experience in the mining sector. Scott has the full confidence and\n support of the Board and under his leadership we are looking forward to\n a bright future ahead for the Company and our shareholders.\"\n\n\n\"I would like to take the opportunity to thank the directors and the\n entire AuRico team for their dedication and support over the past five\n years. While this is a challenging time for me personally, I am very\n encouraged that Scott has been appointed as CEO. Scott and I have\n worked together over the past 12 years, so I know that he has the\n talent, the drive, and the experience required to take on this\n challenge and move the company forward,\" said Mr. Marion.  \"Scott will\n be supported by a solid manageme...

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