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Oremex Resources Inc

Published : October 21st, 2011

Oremex Gold Adds Rosalind Wilson to the Board of Directors

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Keywords :   Canada | Capital Markets | Mexico |

Oremex Gold Adds Rosalind Wilson to the Board of Directors

Oremex Gold Inc. ("Oremex Gold" or the "Company") (TSX VENTURE:OAU) is pleased to announce the appointment of Ms. Rosalind Wilson to the Company's Board of Directors.

 

John Carlesso, Executive Chairman of the Board, commented: "We are excited to have Rosalind join the Oremex Gold team. She brings a wealth of knowledge, experience and relationships within the highest levels of the Mexican business, mining and political communities. She will be instrumental in providing guidance to the Company on a broad range of matters as Oremex Gold continues to explore and develop its world-class gold Projects."

 

Rosalind Wilson represents the Canadian Pacific Railway (CPR) in Mexico and is the former President of the Canadian Chamber of Commerce in Mexico. In 1996, Rosalind began her career in Mexico as a member of a consulting firm where she led significant trade and investment projects for public and private companies in the Environment, Energy and Transportation sectors. In 1998, she participated in studies concerning the privatization of the railway systems and ports in Mexico. Later on, she joined theSouth East Railway (Ferrosur) during the transition from the public to private sector. In 2000, she opened the Mexican office of the Canadian Pacific Railway.

 

Ms. Wilson was also the President of the Mexican Canadian Mining Task Force which led a series of advocacy and Corporate Social Responsibility initiatives that positionedCanadian Mining companies in Mexico. During her two term presidency, the Mining Task Force was established as a respected voice of the Canadian Mining investment community in Mexico. She is currently on the Executive Committee of the Canadian Chamber of Commerce in Mexico as well as a Special advisor to the Executive Committee and the Mining Task Force.

 

Ms. Wilson was appointed Co-Chair of the Trade, Investment, and Innovation Working Group for the CMP (Canada Mexico Partnership). She is also President of the Foreign Committee of the Mexican Railway Association (AMF).

 

The appointment of Ms. Wilson remains subject to the receipt of regulatory approval.

 

About Oremex Gold Inc.

 

Oremex Gold Inc. (TSX VENTURE:OAU) is a Canadian gold exploration and development company created from the spin-out of gold assets owned by Oremex Silver Inc. (previously Oremex Resources Inc.) in 2011. The Company has a portfolio of gold projects in the prolific mining regions of Mexico with two main Projects beingSanta Catarina and San Lucas.

 

Forward Looking Information

 

Certain statements contained in this news release may constitute forward-looking information, (collectively "forward-looking information") within the meaning of Canadian securities laws. Forward-looking information may relate to this news release and other matters identified in Oremex' public filings, anticipated events or results and can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts and include, but are not limited in any manner to, those with respect to capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited in any manner, those disclosed in any other public filings of Oremex Gold, and include the ultimate availability and final receipt of required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, access to capital markets and other sources of financing and associated cost of funds, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime and the ultimate ability execute its business plan on economically favourable terms. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to risks and uncertainties disclosed in other Oremex Gold filings atwww.sedar.com and other unforeseen events or circumstances. Other than as required by law, Oremex Gold does not intend, and undertakes no obligation, to update any forward looking information to reflect, among other things, new information or future events.

 

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

 

FOR FURTHER INFORMATION PLEASE CONTACT:

 

        Oremex Gold Inc.

 

        John Carlesso

 

        Executive Chairman

 

                    416.309.4322      

 

        info@oremexgold.com

 

 

 

Source: Oremex Gold Inc.

 

Data and Statistics for these countries : Canada | Mexico | All
Gold and Silver Prices for these countries : Canada | Mexico | All

Oremex Resources Inc

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Oremex. is a silver development stage company based in Canada.

Oremex. develops silver and gold in Mexico, and holds various exploration projects in Mexico.

Its main asset in development is TEJAMEN in Mexico and its main exploration properties are SAN LUCAS - DURANGO, CHALCHIHUITES, MACO, NAVIDAD NAVIDAD - SONORA, CUYOACO, EL SOL and SANTA CATARINA in Mexico.

Oremex. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 15.4 millions as of today (US$ 12.3 millions, € 10.8 millions).

Its stock quote reached its highest recent level on December 31, 2004 at CA$ 1.35, and its lowest recent point on March 20, 2020 at CA$ 0.02.

Oremex. has 146 476 000 shares outstanding.

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