May 27, 2010 (TheNewswire.ca) --
Panthera Exploration Inc. ("Panthera" or the "Company")(PNX-TSX.V; PNXLF-OTC; OAY1-Frankfurt) is pleased to announce the appointment of Bassam Moubarak to the position of Chief Financial Officer and Corporate Secretary, replacing Acting Chief Financial Officer, Michael Clark.
Mr. Moubarak is a Chartered Accountant with expertise in corporate finance, corporate reporting, financial processes, financing and risk management. Prior to joining Panthera, Mr. Moubarak was Chief Financial Officer of Petaquilla Minerals Ltd. (OTCBB:PTQMF) (TSX:PTQ) where he was instrumental in raising in excess of $120 Million to develop and bring into production the Molejon Gold Mine. He also assisted in the sale of Petaquilla Copper Ltd to Inmet Mining Corporation. (TSX:IMN) Mr. Moubarak also previously held the position of Senior Manager with the public accounting firm of Deloitte & Touche LLP., where he led audits of public companies and oversaw SOX 404 implementations with specific emphasis on the mining industry. Mr. Moubarak has a B.A. in Economics from Simon Fraser University.
The Company is delighted that Mr. Moubarak with his expertise in the mining industry and background in finance has joined the Panthera team and also wishes to thank Mr. Clark for his service as Acting Chief Financial Officer in the interim.
Panthera Exploration is a Vancouver-based exploration company listed on the TSX Venture Exchange under the symbol PNX. Management is currently evaluating acquisitions to build its property portfolio with a focus on Latin America due to its excellent potential and to capitalize on Management's knowledge and contacts, gained from over twenty years experience working in that region. Panthera is a member of the Grosso Group, a resource management group with over 15 years experience exploring South America.
ON BEHALF OF THE BOARD
"Bruce Winfield"
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Bruce Winfield, President & CEO
For further information please contact, Bruce Winfield at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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