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Newton Gold Announces Notice of Hearing Issued for a Director of the Company
Newton Gold Announces Notice of Hearing Issued for a Director of the Company Vancouver, Britis...
About this update from Cullinan Metals Corp
[{"type":"text","content":"\nNewton Gold Announces Notice of Hearing Issued for a Director of the Company\n\nNewton Gold Announces Notice of Hearing Issued for a Director of the Company\nVancouver, British Columbia CANADA, August 11, 2011 /FSC/ - Newton Gold Corp.  (NWG - TSX Venture)(\"Newton Gold\" or the \"Company\") announces that the Company has been advised that Mark McLeary, a director and officer of the Company was issued a Notice of Hearing from the B.C. Securities Commission dated August 8, 2011 alleging that he and other persons and companies violated securities law in 2009 on behalf of an unrelated company by making false or misleading statements to securities commission staff and engaged in market manipulation of the unrelated company. Counsel for the executive director of the commission will apply to set dates for a hearing into the allegations on September 26, 2011.\nThese allegations have not been proven. Mr. McLeary has advised the Board that he refutes all the allegations and intends to vigorously defend all allegations brought by Commission staff and he is confident he will be cleared of any wrongdoing in relation to the affairs of the unrelated company. Management of the Company is reviewing the matter and intends to provide an update upon completion of their review.\nAbout Newton Gold Corp\nNewton Gold Corp. is a British Columbia focused exploration company with two advanced exploration projects.  The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken into production. The company's main objective is to add shareholder value through efficient exploration, strategic acquisitions and joint ventures, and effective marketing while maintaining a lower risk profile through project diversification and sound financial management.\nON BEHALF OF THE BOARD OF DIRECTORS \nTom Kordyback, Director\nForward Looking Statements\nNeither 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.\nTo view this release as a web page, please click on the following link:\nhttp://www.usetdas.com/pr/newton08112011.htm  \nNEWTON GOLD CORP\nSuite 400 - 409 Granville Street\nVancouver, BC, V6C 1T2\nTelephone: (6...