TORONTO, ONTARIO--(Marketwire - April
8, 2009) - High River Gold Mines Ltd. ("High River" or the
"Company") (TSX:HRG) announced today that John W. Crow has
resigned from the board of directors of the Company. Mr. Crow joined the board
of directors in May 2008 and was the Chairman of the Audit Committee.
Management and the board of directors of High River thank Mr. Crow for
his contributions and considerable efforts as a director.
High River is also pleased to welcome Alexey Khudyakov and Karl
Glackmeyer to the board of directors. Mr. Khudyakov has also been named
the Chairman of the Board.
Mr. Khudyakov is a Vice President at Altimo. Prior to his appointment
at Altimo, Mr. Khudyakov held a Vice President position with Alfa Bank,
managing the bank's investments in Golden Telecom and Kyivstar. He also
worked for the Moscow office of McKinsey & Co. from 1998 to 2002.
Mr. Khudyakov holds a Master of Business Administration degree from
INSEAD and a Master's degree in Applied Mathematics and Physics from the
Moscow Institute of Physics and Technology. Mr. Khudyakov is presently
a member of the board of directors of Turkcell and Kyivstar.
Mr. Glackmeyer has over 40 years of experience in the mineral resource
business. From 1994 to his retirement in 2004, Mr. Glackmeyer was the
President and Chief Executive Officer of Fairstar Explorations Inc., a
company listed on the Toronto Stock Exchange. From 1984 to 1991, he was
president of Yorbeau Resources Inc., a mineral exploration company
traded on the Montreal Exchange. Mr. Glackmeyer obtained a Bachelor of
Applied Sciences degree from Laval University in 1967.
About High River
High River is a gold company with interests in producing mines, mines
under development, and advanced exploration projects in Burkina Faso
and Russia.
FORWARD LOOKING STATEMENTS
This release and subsequent oral statements made by and on behalf of
the Company may contain forward-looking statements. Wherever possible,
words such as "intends", "expects",
"scheduled", "estimates", "anticipates",
"believes", and similar expressions or statements that
certain actions, events or results "may", "could",
"would", "might" or "will" be taken,
occur or be achieved, have been used to identify these forward-looking
statements. Although the forward-looking statements contained in this
release reflect management's current beliefs based upon information
currently available to management and based upon what management
believes to be reasonable assumptions, High River cannot be certain
that actual results will be consistent with these forward-looking
statements. A number of factors could cause events and achievements to
differ materially from the results expressed or implied in the
forward-looking statements. These factors should be considered
carefully and prospective investors should not place undue reliance on
the forward-looking statements. Forward-looking statements necessarily
involve significant known and unknown risks, assumptions and
uncertainties that may cause High River's actual results, event,
prospects and opportunities to differ materially from those expressed
or implied by such forward-looking statements. Although High River has
attempted to identify important risks and factors that could cause
actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors and
risks that cause actions, events or results not to be anticipated,
estimated or intended. There can be no assurance that the
forward-looking statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, prospective investors should not place
undue reliance on forward-looking statements. Any forward-looking
statements are made as of the date of this release, and High River
assumes no obligation to update or revise them to reflect new events or
circumstances, unless otherwise required by law.
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