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AIM: OSU
TSX: EPM
PRESS RELEASE
8 July, 2008
Orsu Metals Corporation
(Formerly European Minerals Corporation)
Orsu announces board and committee appointments
Orsu Metals Corporation (�Orsu�, or the �Company�), formerly European Minerals Corporation, the London-based base and precious metal mining, production, exploration and development company, announces the following:
1. Appointment of Mr Mark Corra to the Board of Directors and as Lead Independent Director;
2. Changes to the Committees of the Board and;
3. The appointment of Dr Alexander Yakubchuk as Director of Exploration.
The appointment of Mr Mark Corra as a non-executive director to the Orsu Board took effect from 7 July 2008 subject to TSX approval. Based in Vancouver, Canada, Mr Corra holds the position of Senior VP Finance and CFO of B2Gold Corp. since April 2007. Prior to this he worked for 17 years with Bema Gold Corporation. A Certified Management Accountant with a diploma in financial management from the British Columbia Institute of Technology, Mr Corra currently oversees financial reporting, cash management, tax planning and is a member of the management committee for B2Gold Corp. Mr Mark Anthony Corra, aged 52, is or has been a director of the following companies within the last five years:
Current directorships
B2 Gold Corp.
Previous directorships
Arizona Star Resource Corp.
Bema Gold Corp.
Consolidated Westview Resource Corp.
Lero Gold Corp.
Victoria Resource Corp.
Consolidated Puma Minerals
With reference to the above Board appointment, no further information is required to be announced pursuant to Schedule 2 paragraph (g) of the London Stock Exchange's AIM Rules for Companies.
Further to Mr Corra�s appointment to the board of directors of the Company, the following persons shall constitute committees of the board:
Governance and Nominating Committee
Merfyn Roberts (Chairman)
Timothy Hanford
Mark Corra
Compensation Committee
Timothy Hanford(Chairman)
Merfyn Roberts
Mark Corra
Audit Committee
Mark Corra (Chairman)
Timothy Hanford
Merfyn Roberts
The Company is also pleased to announce the appointment of Dr Alexander Yakubchuk, a director of the Company, as Director of Exploration. He previously held the position of Chief Executive Officer of the Company, immediately following the completion of the business combination of Lero Gold Corp. and European Minerals Corporation.
Executive Chairman, Dr Sergey V Kurzin commented:
�We are delighted Mark Corra has agreed to join the Orsu board. Mark�s vast experience and impressive track record in the fields of corporate governance, audit/accounting/financial and transaction matters as well as his experience in working in the countries of the Former Soviet Union will complement our existing high quality team.�
ENDS
------------------------------------------------------------------------------------------------------------------------------------------------
For further information please contact:
Tania Tchedaeva, Company Secretary, Orsu Metals Corporation
Tel: +44 (0) 20 7518 3999
Gavin Dallas, Investor Relations, Orsu Metals Corporation
Tel: +44 (0) 20 7518 3999
Colin Aaronson /Gerry Beaney, Grant Thornton UK LLP
Tel: +44 (0) 20 7383 5100
Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824
www.orsumetals.com
Orsu Metals Corporation
Vanguard Shareholder Solutions
Vanguard Shareholder Solutions (Vanguard) provides, for remuneration, corporate communications and investor relations services to the above mentioned client(s). The information contained in this email is based on existing disclosure documents or other publicly available information. You are encouraged to seek independent verification of any information that is important to your decisions. By responding to your inquiry neither Vanguard nor the above mentioned client(s) is offering securities or advising or soliciting the purchase or sale of securities.
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Orsu metals corporation
EXPLORATEUR
CODE : OSU.TO
ISIN : VGG3192Y1007
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