VANCOUVER, July 18 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V: NET.H) has appointed Director of International Operations Mr. Richard Schnoor as its new Chief Financial Officer. Mr. Schnoor will replace Mr. Jeffrey Gordon who will remain on the board of directors for Network Exploration.
Mr. Schnoor has played an instrumental role in the growth of Network Exploration since March 2006 and in addition to his new duties as CFO he will continue to assist with corporate strategy, development, and property acquisition for the Company.
Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America.
ON BEHALF OF THE BOARD OF DIRECTORS
"Alexander Helmel"
President
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THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.
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