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Canstar Resources Announces Appointment of Danniel J. Oosterman as President and Chief Executive Officer
Published : May 01, 2013
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Keywords :   Market | Nickel | Platinum |

TORONTO, ONTARIO--(Marketwired - May 1, 2013) - The directors of Canstar Resources Inc. (Canstar) (News - Market indicators) are pleased to announce that Mr. Danniel J. Oosterman, P.Geo., has been appointed President and CEO of the Company. 

Mr. Oosterman has extensive technical experience in the mining and exploration industry, with expertise in managing both greenfield and brownfield projects, including drilling, target definition and geological modeling. His extensive field experience is complimented with strong proficiency in corporate development, including fundraising, project promotion/development and strategic planning.

In addition to consulting work, Mr. Oosterman most recently held the position of Exploration Manager for Prophecy Platinum Corp. and previously held senior positions with Ginguro Exploration Inc., Victory Nickel Corp. and Independent Nickel Corp., as well as positions with Wallbridge Mining Company, INCO Technical Services and Falconbridge Ltd.

Mr. Oosterman will utilize his considerable technical/corporate development skills and experience to develop the Company's flagship property, the Mary March Project, located in the Buchans area of Newfoundland and Labrador, to its full potential; and to evaluate and procure additional prospective properties for the Company's portfolio.

Harry Hodge, Chairman, states, "We are very pleased that Danniel has joined our company as President and CEO. His considerable experience in developing and supervising diverse mineral projects of various types will enable Canstar to move forward aggressively in its exploration efforts."

Mr. Oosterman joined the company as President and CEO on May 1, 2013. He will be granted options to acquire 500,000 common shares of Canstar for a period of five years.

On behalf of the board,

Harry J. Hodge, P.Eng, Chairman

Forward-Looking Statements

This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

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.

Canstar Resources Inc.
Harry J. Hodge, P. Eng.
416-367-1954 (FAX)
Canstar Resources Inc.
Karen Willoughby
Manager, Corporate Affairs

Canstar Resources Inc.

ISIN : CA1380811044
CUSIP : 138081 10 4
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Canstar Res. is an exploration gold company based in Canada.

Canstar Res. holds various exploration projects in Canada.

Its main exploration properties are MARY MARCH, BLACK RIVER - CANDOR, MIMINISKA - CANSTAR and SHRIMP LAKE in Canada.

Canstar Res. is listed in Canada. Its market capitalisation is CA$ 12.5 millions as of today (US$ 9.4 millions, € 8.6 millions).

Its stock quote reached its highest recent level on December 30, 2005 at CA$ 0.33, and its lowest recent point on July 31, 2015 at CA$ 0.03.

Canstar Res. has 89 159 714 shares outstanding.

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Financings of Canstar Resources Inc.
8/2/2016Canstar Announces Closing of $1,000,000 Financing
Nominations of Canstar Resources Inc.
6/13/2013Announces the Retirement of Harry J. Hodge and Appointment o...
5/1/2013Announces Appointment of Danniel J. Oosterman as President a...
Project news of Canstar Resources Inc.
10/28/2014Canstar Intercepts 11.5 meters of zinc sulphide mineralizati...
9/11/2013(Mary March)Commences Work on its Mary March Project, Buchans Junction, ...
2/25/2013(Mary March)Announces Positive Results on the Mary March Base Metals Pro...
11/20/2012(Mary March)Commences Drilling on Its Flagship Mary March Project In the...
1/18/2010(Mary March)Signs Memorandum of Agreement on Claims Adjacent to Mary Mar...
Corporate news of Canstar Resources Inc.
7/11/2016Canstar Resources delineates new targets over extensive 1.6 ...
6/20/2016Canstar Resources Inc. Extends Its Ace Gold Showing to 3.1 g...
5/3/2016Canstar Announces Closing of $182,000 Financing
5/2/2016Canstar Announces Closing of $182,000 Financing
4/12/2016Canstar Resources Inc. Increases Financing by up to $100,000
4/11/2016Canstar Resources Inc. Announces Non-Brokered Private Placem...
1/14/2016Canstar Resources Inc. Announces Final Results of 2015 Field...
12/30/2015Canstar Resources Inc. Announces Closing of Second and Final...
12/24/2015Canstar Resources Inc. Announces Closing of Non-Brokered Pri...
12/9/2015Canstar Resources Inc. Announces Amendment to Terms of Non-B...
12/3/2015Canstar Samples 2.0 g/t Gold over 18 meter Channel on its Ke...
11/2/2015Canstar Resources Inc. Announces $750,000 Non-Brokered Priva...
10/26/2015Canstar locates new showing containing up to 283 g/t gold; C...
7/28/2015Canstar samples up to 68.0 g/t gold in grab samples and deli...
7/28/2015Canstar Samples Up to 68.0 g/t Gold in Grab Samples and Deli...
5/6/2015Canstar Commences First Phase of Field Work on Kenora Gold P...
12/24/2014Canstar Resources Announces Appointment of Director and Gran...
12/1/2014Canstar Receives Numerous High-Grade Grab Sample Results on ...
11/4/2014Canstar Intersects 93.7 meters of 1.00 zinc, 3 g/t silver, a...
8/14/2014Canstar Commences Drill Program Targeting High Priority Geop...
6/25/2014Canstar Resources Provides Exploration Update: Commences Gro...
4/9/2014Canstar Resources Announces Acquisition of Kenora Gold Proje...
5/13/2013Corporate Strategy Update from the New President and CEO of ...
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