Sep. 4, 2009 (Filing Services Canada) -- Golden Odyssey Mining Inc. (GOE - TSX Venture), is pleased to announce that it has appointed two new directors to its board. Scott Gifford, founder and President of Guardsmen Resources a privately owned exploration company, has over 25 years of exploring, acquiring and maintaining precious metals claims in the Province of B.C. Golden Odyssey has optioned both the Deerhorn and Dome South properties from Guardsmen Resources.
Lindsay Gorrill is the President and CEO of Canada Fluorspar a public company developing a fluorspar project in Newfoundland. Lindsay is also the CEO of Jayhawk Energy an oil and gas company with projects in North Dakota and Kansas. An accountant by profession Lindsay has 19 years of experience in the management of resource companies. Lindsay was previously a director and CFO for Quinto Mining Corporation, a publicly listed company acquired in June 2008 by Consolidated Thompson Iron Mines.
"Tyrone Docherty states that it is a major step forward in the progression of Golden Odyssey adding two individuals with the knowledge of mining that both Scott and Lindsay possess. I would also like to thank on behalf of the board of directors, Walter Henry, who has tendered his resignation from the board. Walter spent countless hours steering the company through a difficult time in its transition and was paramount in laying the foundation for its future prospects."
Golden Odyssey further announces that it has granted incentive stock options for the purchase of up to 850,000 common shares at a price of $0.22 per share, to new directors, consultants and employees of the company. The incentive stock options are exercisable on or before August 28/2014. This grant is made pursuant to the company's stock option plan.
For further information please contact:
Primary Contact
Tyrone Docherty
President
Golden Odyssey Mining Inc
(604) 952 7221
tyrone.doccap@dccnet.com
Investor Relations
Barry Kaplan Associates
(732) 747-0702 Phone
(732) 758-1837 Fax
smallkap@aol.com
Forward Looking Information
Certain information regarding the Company set forth in this press release, including the use of proceeds, and management's assessment of the Company's future plans and operations contain forward looking information that involve substantial known and unknown risks and uncertainties. The forward looking information is subject to numerous risks and uncertainties, some of which are beyond the Company's and management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, imperfection of reserve estimates, environmental risks, industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. The Company's actual results, performance or achievement could differ materially from those expressed in or implied by, the forward looking information and accordingly, no assurance can be given that any of the events anticipated to occur or transpire form the forward looking information will provide any benefits to the Company.
"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."
Source: Golden Odyssey Mining Inc. (TSX-V GOE)
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