Aguila Announces Former Ventana Gold Executive as CEO
Published : November 08, 2012
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2012) - Aguila American Gold Limited. ("Aguila") or (the "Company") (News - Market indicators) announces that at its Annual General Meeting ("AGM") held November 7, 2012, shareholders elected Messrs. John Huguet, Nick DeMare, John Bortnak, Dušan Berka, Christopher Verrico and Blair Way as directors of the Company. The shareholders also passed all other resolutions including an ordinary resolution to ratify the existing stock option plan, pursuant to which the Company may grant stock options up to 10% of its issued and outstanding common shares at the time of the grant.

At a directors meeting held after the AGM, the directors appointed Mr. John Huguet as Chairman, Mr. Blair Way as President and Chief Executive Officer, Mr. Nick DeMare as Chief Financial Officer and Corporate Secretary and Mr. James McCrea as Vice-President, Exploration.

John Huguet states: "We are very pleased to have attracted Blair to this role. His management and interpersonal skills combined with his background and experience with mining projects in many different countries makes him well suited for leading this company to the next level."

Blair was most recently, Vice President, Project Director, member of the Executive Management Team, reporting to the CEO of Ventana Gold's LaBodega project in Colombia. Ventana was purchased by Ike Batista in 2009 for $1.5 billion. Prior to the success at the Ventana Gold Corp., Blair served as President and Project Director for Oceanagold Philippines on the Didipio Gold Copper project. Prior to that he was Project Manager Non Ferrous Group with Hatch Associates (Brisbane) where he provided project management support for various mining and metal related projects in Australia, South Africa, China, Papua New Guinea and South East Asia. Prior to that Mr Way was Project Director - Major Projects for BHP Billiton (QNI Pty Ltd) in Townsville, Queensland. While with BHP, Mr Way led a project management group that was responsible for implementing A$210 million of improvement projects(brownfield) from pre-feasibility through to commissioning throughout the refinery.

He holds a Bachelor of Science (Geology) from Acadia University in Nova Scotia, Canada and a Masters of Business Administration from the University of Queensland, Australia.

"I look forward to leading the company and driving the exploration activities on the Angostura project to an NI 43101 compliant resource. This asset exhibits all the attributes I look for in a project. I greatly anticipate working with the AGL team, with the aim of growing the company through to mid-tier status."

ON BEHALF OF THE BOARD,

Blair Way, President and CEO

Aguila American Gold Ltd.

Aguila American Gold Ltd. is an emerging gold exploration company with an experienced geological and executive management team focused on advancing and developing their flagship prospective gold project, Angostura. Angostura is located 180 kilometres southwest of city of Cuzco, in the Department of Apurimac, southwestern Peru. Angostura is located in a prolific mineral trend, approximately 25 kilometres from the Las Bambas Mine, a $4.5 billion mining project being developed by Xstrata Mining Pty.

For more information visit www.aguilaamerican.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Aguila American Gold Ltd.
(604) 685 9316
(604) 683 1585 (FAX)
www.aguilaamerican.ca
Data and Statistics for these countries : Australia | Canada | China | Colombia | Guinea | New Guinea | Papua New Guinea | Peru | Philippines | South Africa | All
Gold and Silver Prices for these countries : Australia | Canada | China | Colombia | Guinea | New Guinea | Papua New Guinea | Peru | Philippines | South Africa | All

Aguila American Resources Ltd.

EXPLORATION STAGE
CODE : AGL.V
ISIN : CA0086312026
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Aguila American Res. is an exploration silver and gold company based in Canada.

Its main exploration property is ANGOSTURA PERU in Peru.

Aguila American Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 10.1 millions as of today (US$ 7.9 millions, € 6.5 millions).

Its stock quote reached its highest recent level on March 11, 2011 at CA$ 2.80, and its lowest recent point on May 15, 2017 at CA$ 0.03.

Aguila American Res. has 20 599 749 shares outstanding.

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Financings of Aguila American Resources Ltd.
5/19/2011Announces Closing of $5,379,750 Financing Via Short Form Off...
Nominations of Aguila American Resources Ltd.
9/19/2012Appoints Additional Director
Project news of Aguila American Resources Ltd.
2/18/2011(Angostura Peru)Aguila samples 16 g/t at 3 million ounce Gold target in Peru
2/18/2011(Angostura Peru)Completes Work Program on Peru Gold Project
11/30/2006(Angostura Peru)2006 Technical report
Corporate news of Aguila American Resources Ltd.
7/6/2016Aguila American Gold closes non-brokered Private Placement
6/16/2016Aguila American Gold Amends Non-Brokered Private Placement
6/13/2016Aguila American Gold Announces Non-Brokered Private Placemen...
5/3/2016Aguila American Gold Frankfurt Listing
4/27/2016Aguila American Gold Grants Stock Options
3/31/2016Aguila American Gold Announces Closing Of Non-Brokered Priva...
3/31/2016Aguila American Gold Provides Update On Angostura Property, ...
11/2/2015Aguila American Announces Approval of Environmental Impact A...
8/18/2014Aguila Provides Corporate Update
4/24/2013Gold Limited: Angostura Gold Project Drill Program Results
11/8/2012Announces Former Ventana Gold Executive as CEO
10/25/2012Gold Limited: Drilling Commences at Angostura Gold Project
3/5/2012(AGL:TSX-V) Signs Community Agreement and acquires Drill Per...
8/31/2011Gold Ltd. Featured in Gold Report Newsletter
7/22/2011 Growing Global Confidence in the Evolving Poli-Economic Cli...
5/9/2011Signs Community Agreement Proceeds with Drill Permitting
3/3/2011Negotiates More Favourable Terms for Angostura Gold Project
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