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Sulliden strengthens its executive team with appointment of Justin Reid as president and Peter Tagliamonte as CEO and chairman
Published : February 05, 2013
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Sulliden strengthens its executive team with appointment of Justin Reid as president and Peter Tagliamonte as CEO and chairman

TORONTO, Feb. 5, 2013 /CNW/ - Sulliden Gold Corporation Ltd. ("Sulliden", or the "Company") (TSX: SUE) (BVL: SUE) (OTCQX: SDDDF) welcomes Justin Reid as its new president and member of its board of directors. Peter Tagliamonte, former President and CEO, will assume the position of executive chairman of Sulliden's board of directors while continuing to serve as the Company's CEO.

Mr. Reid is a geologist and capital markets executive with over 20 years of experience focused exclusively in the mineral resource space.  Mr. Reid holds a B.Sc from the University of Regina, a M.Sc from the University of Toronto and an MBA from the Kellogg School of Management at Northwestern University. Mr. Reid started his career as a geologist with SGS and Cominco Ltd after which he became a partner and senior mining analyst at Cormark Securities in Toronto.  In 2009, Mr. Reid was named Executive General Manager at Paladin Energy, where he was responsible for leading all merger and acquisition, corporate and market related activities. He returned to Canada in early 2011 assuming the role of Managing Director Global Mining Sales at National Bank Financial, where he directed the firm's sales and trading in the mining sector.

Peter Tagliamonte, CEO and Executive Chairman of Sulliden stated, "We are entering an exciting year of development for our Shahuindo Project and we are very pleased to welcome Justin Reid as Sulliden's new president. We expect Justin's strong industry and financing knowledge, together with his geological background to be invaluable assets to the Company as we move the Shahuindo Project forward."

In conjunction with Mr. Reid's recruitment and Peter Tagliamonte's transition to CEO and executive chairman, Leonard Harris has announced his resignation from Sulliden's board of directors. Sulliden would like to thank Mr. Harris for his efforts and contribution to the Company during his ten years of service as a director.

About Sulliden

Sulliden Gold Corporation Ltd. is a Canadian development-stage company focused on bringing to production its low-cost gold and silver project located in a prolific gold belt in northern Peru. Since 2009, the Company has delivered two mineral resource updates, completed a Preliminary Economic Assessment and Feasibility Study, and is now in the advanced stage of permitting. Sulliden is listed on the Toronto (TSX) and Lima (BVL) stock exchanges under the symbol "SUE", as well as the premier tier of the U.S. Over-the-Counter (OTC) market (OTCQX) under the symbol "SDDDF".  For more information about Sulliden, please visit www.sulliden.com.

On behalf of Sulliden Gold Corporation Ltd.:

Justin Reid 
President

Peter Tagliamonte
CEO & Chairman

Caution regarding forward-looking information:
This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes without limitation, statements regarding the impact of the appointment on the Company, the size and quality of the company's mineral resources, progress in development of mineral properties, future capital and operating expenses, future metal prices, the future financial or operating performance of the Company, the prospective mineralization of the properties, planned exploration programs and anticipated production schedule. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; other risks of the mining industry and the risks described in the annual information form of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE: Sulliden Gold Corporation Ltd.

For further information:

Investor Contact

Toronto, Canada
65 Queen Street West, Suite 800
Toronto, Ontario M2H 2M5

Caroline Arsenault
Investor Relations Manager
Telephone: +1 416 861-5805
Email: info@sulliden.com

Lima, Peru
Calle San Martín 845, oficina 201
Miraflores - Lima 18

Javier Fernandez-Concha Stucker
Peru Country Manager
Telephone: 511 651-2500

Companies Mentionned : Energy X X I | Mineral Resources | Reliance | Sulliden Gold |
Data and Statistics for these countries : Canada | Peru | All
Gold and Silver Prices for these countries : Canada | Peru | All

Sulliden Gold Corp.

EXPLORATION STAGE
CODE : SUE.TO
ISIN : CA8651261064
CUSIP : 301929105
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Sulliden Gold is an exploration gold company based in Canada.

Sulliden Gold holds various exploration projects in Canada.

Its main exploration properties are SHAHUINDO in Peru and EAST SULLIVAN in Canada.

Sulliden Gold is listed in Canada. Its market capitalisation is CA$ 456.2 millions as of today (US$ 415.7 millions, € 310.0 millions).

Its stock quote reached its lowest recent point on December 31, 2002 at CA$ 0.15, and its highest recent level on February 18, 2011 at CA$ 2.78.

Sulliden Gold has 310 340 000 shares outstanding.

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In the News and Medias of Sulliden Gold Corp.
10/17/2006End of Consolidation ?
Annual reports of Sulliden Gold Corp.
2009 Annual Report
2008 Annual Report
Financings of Sulliden Gold Corp.
1/24/2011Receives Proceeds of Approx. $22.8 Million from Accelerated ...
Nominations of Sulliden Gold Corp.
2/5/2013strengthens its executive team with appointment of Justin Re...
10/11/2011Strengthens Board of Directors With Addition of the Hon. Pie...
Project news of Sulliden Gold Corp.
3/13/2012(Shahuindo)Acquires Additional Mining Concessions at the Shahuindo Proj...
12/7/2011(Shahuindo)Purchases 1.5% NSR Royalty on Its Shahuindo Project in Peru
9/19/2011(Shahuindo)Announces Further Positive Drill Results at Shahuindo, Inclu...
8/26/2011(Shahuindo)Initiates Diamond Drilling in the North Corridor Following P...
5/24/2011(Shahuindo)Discovers New Mineralized Zone At Shahuindo And Continues Po...
4/1/2011(Shahuindo)Continues Drilling Success at Shahuindo-Intersects 1.64 g/t ...
2/16/2010(Shahuindo)Announces Improved Economics for Shahuindo; IRR Increases by...
Corporate news of Sulliden Gold Corp.
9/19/2013Announces $40 Million Bought Deal Financing
4/12/2013closes strategic investment with Agnico-Eagle Mines Limited
11/10/2012(Shahuindo)files NI 43-101 technical report for its Shahuindo Project ...
11/8/2012enters into US$125 million project finance mandate with Cred...
9/26/2012(Shahuindo)Announces Results of Shahuindo Feasibility Study
2/16/2012Reports New Positive Drill Results and Provides Project Upda...
1/4/2012Reports North Corridor Drill Intercept of 53.8 M Grading 0.8...
11/29/2011Announces Closing of $50 Million Financing
11/9/2011Revises Bought Deal to $50 Million
11/3/2011Announces $75 Million Bought Deal Financing
10/20/2011(Shahuindo)Extends Mineralization in Parallel Structures Within Central...
9/12/2011Announces Inclusion in S&P/TSX Composite Index
8/18/2011(Shahuindo)Continues to Report Positive Drill Results from the Shahuind...
8/10/2011Announces Lima Stock Exchange Listing
5/3/2011Intersects 3.54 g/t Gold Over 34.5 Metres and Continues Grow...
4/19/2011(Shahuindo)Confirms Parallel Gold/Silver-Bearing Structure at Shahuindo
12/13/2010Added to S&P/TSX Global Mining Index
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