Trading Symbol: TSX-V: RGZ
TORONTO, March 13 /CNW/ - Randsburg International Gold Corp. (TSX-V: RGZ) announced today that the Board of Directors have appointed Mr. Mathew Chodorowicz as Director of the Company and Chief Financial Officer and Robert Isles as Director of the Company.
Mr. Chodorowicz is a self-employed business and financial consultant with extensive experience in all aspects of business development, including strategic planning, real estate, design, construction and financing. He served for 25 years with a major Canadian public company as controller and later as Vice-President. His credentials include an M.B.A. from the University of Western Ontario, a B.A.Sc. Engineering Materials from the Faculty of Engineering at the University of Windsor, and he formerly practiced as a Chartered Accountant (equivalent to CPA in the United States).
Robert Isles, BASc (Electrical), P.Eng (retired) has been instrumental in the development of several Canadian public junior resource companies as a director and senior officer. As a professional engineer, Mr. Isles conducted research, development, design, project management and administrative functions for Atomic Energy of Canada Limited for the design and construction of CANDU nuclear power reactors. Both Messrs. Isles and Chodorwicz are based in Toronto.
The Company accepts the resignations of Hugh Maddin as a director and Miles Nagamatsu as Chief Financial Officer. The Board of Directors wishes to thank Hugh Maddin and Miles Nagamatsu for their many years of service to the Company.
Pursuant to its stock option plan, the Company has agreed to grant a total of 450,000 incentive stock options (the "Stock Options") to officers and directors of the Corporation. Each Stock Option entitles the holder thereof to acquire one common share of the Corporation at an exercise price of $0.15 per common share within 2 years of the date of grant. The grant of the Stock Options is subject to all required regulatory approval.
On behalf of the Board of Directors of Randsburg International Gold Corp. "Michael Opara" President and Chief Executive Officer Tel: 416-486-4078 The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Copyright, 2009 Randsburg International Gold Corporation. This news release can be reproduced and retransmitted in whole, with no changes permitted of any kind, including headlines, or the addition of any headlines or other material, and providing it is supplied and made available without charge to the end reader.
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