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Sterling Mining Co.

Publié le 27 mai 2008

ANNOUNCES MANAGEMENT CHANGE

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Mots clés associés :   Canada | G Mexico | Silver Valley |
 
 

 

Tuesday, May 27, 2008
STERLING ANNOUNCES MANAGEMENT CHANGE


Wallace, ID - May 27, 2008 - Sterling Mining Company (TSX:SMQ / OTCBB:SRLM / FSE:SMX) announces that Raymond De Motte is no longer President of the Corporation. Ken Berscht has accepted the position of Interim President, effective immediately, pending a search for a replacement fulltime President expected within the next 60 days. In addition, Kevin Shiell will continue his role as Executive Vice President.

Mr. Berscht is currently a Director of Sterling Mining and graduated with a degree in Business Administration from the University of Western Ontario, Canada. He is member of the American Institute of Mining, Metallurgical and Petroleum Engineers. Mr. Berscht currently holds the position of President of Dore Mining Ltd and Peace River Oil and Gas. Formerly he served as Vice President of Enerplus International. He is qualified as a General Principal with the NYSE and a Registered Representative with the Canadian Investment Dealers Association.

Mr. Shiell is also a Director of Sterling Mining and has served as Executive Vice President since January, 2003. He has held various management roles including mine superintendent and mine manager.

About Sterling Mining Company
Sterling Mining controls the Sunshine Mine, which began initial production in December 2007, and related exploration lands in the prolific Silver Valley of northern Idaho. The Company also holds several silver properties in Mexico, including the Barones Tailings Project in the Zacatecas Silver District. Shares of Sterling Mining Company trade on the TSX under the symbol "SMQ", on the OTCBB under the symbol "SRLM", and also on the Frankfurt Stock Exchange under the trading symbol "SMX".

FOR FURTHER INFORMATION, visit the Company's website at www.SterlingMining.com or contact:

Sterling Mining Company
Ken Berscht, President
(403)830-7566
Monique Hayes, Marketing/Communications
Tel: (208) 699-6097

To receive Sterling news via email, please email supertina@sterlingmining.com and specify "SMQ news" in the subject line.

Cautionary Language and Forward Looking Statements
This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities

This press release does not constitute an offer to sell or a solicitation to buy securities, and contains forward-looking statements regarding the Company within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements are based on assumptions that the Company believes are reasonable but that are subject to uncertainties and business risks. Actual results relating to any and all of these subjects may differ materially from expected results. Factors that could cause results to differ materially include economic and political events, the ability to raise capital in the financial markets, and other factors discussed in the Company's periodic filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2006 and subsequent 10-Q and 8-K filings.
 
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Sterling Mining Co.

EN DÉVELOPPEMENT
CODE : SRLMQ
ISIN : US8594101029
CUSIP : 859410 10 2
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Sterling Mining est une société de production minière basée aux Etats-Unis D'Amerique.

Sterling Mining est en développement de projets d'argent et d'or en USA et au Mexique.

Ses principaux projets en développement sont SUNSHINE MINE en USA et BARONESS, SUNSHINE / CHESTER et SUNSHINE / METROPOLITAN au Mexique et ses principaux projets en exploration sont TESORITO, EAST SILVER VALLEY, CENTRAL SILVER VALLEY, SUNSHINE / MINERAL MOUNTAIN, EL MORRO MEXICO, LA ESPERANZA (VETAS NEGRA), ARTURO, TROUT CREEK, PINE CREEK IDAHO, SUNSHINE / MERGER GROUP, MINTON PASS, STANDARD CREEK, EAST BULL, JE PROJECT, LUCKY LUKE, LA CHAPIS, CUATRO CIENEGAS, JIMENEZ DE TEUL, SUNSHINE / UNITED MINES, SUNSHINE / BISMARK, BEACON LIGHT, WEST SILVER VALLEY et BOLSCHOI AND TERRIBLE JIM au Mexique.

Sterling Mining est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 710 820 US$ (500 417 €).

La valeur de son action a atteint son plus bas niveau récent le 11 août 2011 à 0,02 US$, et son plus haut niveau récent le 02 décembre 2011 à 0,02 US$.

Sterling Mining possède 39 489 992 actions en circulation.

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Dans les médias de Sterling Mining Co.
07/08/2007Sunrise at Sunshine
15/08/2006SRLM : Off the Pinks and in the Pink
Rapports annuels de Sterling Mining Co.
2007 Annual Report
2007 Annual report
2006 Annual Report
Financements de Sterling Mining Co.
03/08/2007Completes Private Placements And Receives Conditional Approv...
Nominations de Sterling Mining Co.
18/04/2008Appoints Kenneth Rux as Controller
18/09/2007Appoints QP For The Sunshine Mine
07/05/2007Appoints Mooney Treasurer
27/04/2007Hires Hasz as Tehcnical Services Manager and Chief Engineer
Projets de Sterling Mining Co.
24/02/2009(Sunshine Mine)Vacates Sunshine Mine Lease
15/09/2008(Sunshine Mine)Company Suspends Production at Sunshine Mine
12/05/2008(Sunshine Mine)Announces Positive Drill Results
13/03/2008(Sunshine Mine)to Host Ribbon Cutting Ceremony to Commemorate Production at...
20/12/2007(Sunshine Mine)Commences Production at Sunshine Mine
19/11/2007(Sunshine Mine) Hires 101st Employee At Sunshine Mine
13/09/2007(Sunshine Mine) Begins Drifting on Silver Mineralization Exposed by Cross-C...
19/09/2007(Sunshine Mine)43,101 Technical Report on the Sunshine Mine, Big Creek, Ida...
Communiqués de Presse de Sterling Mining Co.
24/04/2010Successful Auction of Stock and Assets
03/03/2009To Voluntarily File For Bankruptcy Protection
23/01/2009Provides Update
12/01/2009Names John Ryan As President, CEO
15/09/2008Company to Host a Shareholder Reception
09/09/2008Company Responds to Misleading Press Releases
02/09/2008Company and Minco Silver Corporation Agree Not to Proceed wi...
23/07/2008and Minco Silver Announce Proposed Business Combination
17/07/2008Announces Stock Option Grants
23/06/2008Closes $2.4 Million Bridge Loan
05/06/2008Issues Update
04/06/2008100% Successful in Litigation
27/05/2008ANNOUNCES MANAGEMENT CHANGE
06/05/2008CLOSES US$1.8 MILLION FINANCING
25/03/2008 Sunshine Mine Update
02/01/2008Adds To Executive & Mine Mangagement Teams
28/09/2007Begins Processing Ore Through Sunshine Mill
17/09/2007Co-Sponsors 5th Annual Silver Summit In Coeur D'Alene and Wa...
26/06/2007Finalizes Preparations For Upper Mine Exploration Cross-Cut
29/05/2007Advances Lower Mine Development At The Sunshine Mine
02/10/2006Mining's Pine Creek Properties to be Explored by Aura Silver
15/08/2006now listed on OTC Bulletin Board
12/12/2005to begin underground drill program on untested Silver Summit...
26/01/2004 Signs Memorandum of Understanding to Acquire Baroness Silve...
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OTHER OTC (SRLMQ)FRANKFURT (SMX.F)
0,018+0.00%0,028+75.00%
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52 sem. b/h var. 52 sem.
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Volume var. 1 mois
8 000 -10,00%
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Développe Gold - Silver
Recherche Copper - Gold - Silver
 
 
 
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