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Elemental Minerals Limited announces appointment of a new director
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About this update from Element Lifestyle Retirement Inc.
[{"type":"text","content":"\n\n\n\n\n\nNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES\n\n\nPERTH, Australia, Sept. 6, 2011 /CNW/ - Elemental Minerals Ltd. (ASX,\n TSX: ELM) (\"Elemental\" or the \"Company\") is pleased to announce the\n appointment of Jan Castro as a Non-Executive Director.\n\n\nJan is the chief executive officer of Pala Investments AG, which he\n founded in July 2006. He is currently a Director of Alacer Gold\n Corporation (TSX:ASR, ASX:AQG), Capstone Mining Corp (TSX:CS), Nevada\n Copper Corp (TSX:NCU), Churchill Mining PLC (AIM:CHL), and Sierra\n Rutile Ltd (AIM:SRX), where he is the Chairman of the Board. He is also\n a director of Gemcom Software International Inc., a private company.\n\n\nPrior to establishing Pala, Jan was Senior Vice President-Investments\n and Corporate Affairs for Mechel OAO, a major Russian mining and metals\n company listed on the New York Stock Exchange (NYSE: MTL), where his\n primary responsibilities covered mergers and acquisitions, non-core\n asset disposals, and investor and public relations. He also managed\n Mechel's IPO on the NYSE.\n\n\nBefore joining Mechel, Jan worked for Latham Watkins LLP where he\n specialized in securities and MA transactions. In total, Jan led the\n IPOs of three out of the four IPOs of Russian companies on the NYSE, as\n well as worked on numerous mergers and acquisitions, and private equity\n transactions, including some of the largest MA deals in Russia and\n Ukraine. Prior to Latham Watkins, Jan was at Chadbourne Park and\n White Case, working primarily on project financings.\n\n\nJan received his J.D. and B.A. from Columbia University.\n\n\nCommenting on the appointment, Iain Macpherson, Chief Executive Officer\n of the Company, noted: \"The involvement of Pala as a significant\n investor in the Company is a key step in managing the development of\n the Sintoukola project towards production. Jan brings to the board a\n tremendous depth of experience in the sector and will provide important\n input into the Company's corporate strategy going forward.\" \n\n\nForward-Looking Statements:\n\n\nThis press release contains statements that are \"forward-looking\".\n Generally, the words \"expect,\" \"intend,\" \"estimate,\" \"will\" and similar\n expressions identify forward-looking statements. Since forward-looking\n statements addres...