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June 15 (Reuters) – Chaarat Gold Holdings Ltd (CGH.L), a gold exploration company in Kyrgyzstan, said its operations in Bishkek and at site in the north west of the country have been unaffected by the ethnic violence in the south.
Shares in London-listed Charaat fell 7.1 percent on Monday as the number of people killed in ethnic clashes in the former Soviet republic rose to at least 124.
- For more on Kyrgyzstan click on [ID:nLDE65A145]
(Reporting by Julie Crust; editing by James Davey)
LONDON, June 15 (Reuters) – Chaarat Gold Holdings Ltd (CGH.L), a gold exploration company in Kyrgyzstan, said its operations in Bishkek and at site in the north west of the country have been unaffected by the ethnic violence in the south.
Shares in London-listed Charaat fell 7.1 percent on Monday as the number of people killed in ethnic clashes in the former Soviet republic rose to at least 124.
- For more on Kyrgyzstan click on [ID:nLDE65A145]
(Reporting by Julie Crust; editing by James Davey)
VANCOUVER, BRITISH COLUMBIA, Apr 08 (MARKET WIRE) —
Greystar Resources Ltd. (the “Company”) (TSX: GSL)(AIM: GSL) announces
following the selection of Steve Kesler as President and Chief Executive
Officer of the Company to lead the Company’s anticipated transition from
a gold exploration company to a gold production company that Tim Lallas
has resigned as Vice-President Finance, Administration and Chief
Financial Officer (“CFO”).
David Rovig commented, “We thank Tim for his contributions and we wish
him the best in his future endeavors.”
Rick Low, the current Director Finance of Greystar, has been appointed
interim CFO until a permanent successor is selected. Mr. Low is a
chartered accountant (1981) with over 29 years of international
experience. Before joining the Company, Mr. Low held the position of Vice
President Finance for Jinshan Gold Mines Inc.
The Company is currently conducting a search for a permanent successor
with demonstrated experience in major project financing and intends to
appoint a new CFO as soon as a suitable candidate is identified.
About Greystar Resources Ltd.
Greystar Resources Ltd. is a precious metals exploration and development
company that is currently completing a feasibility study on its wholly
owned, multi-million ounce Angostura gold-silver deposit in northeastern
Colombia. A positive prefeasibility study announced on March 25, 2009
envisions average annual production at Angostura of 511,000 ounces of
gold and 2.3 million ounces of silver over a 15 year mine life.
Forward-Looking Statements
Certain statements in this news release are “forward-looking” within the
meaning of Canadian securities legislation. They include statements about
future management and the Company’s anticipated transition from a gold
exploration company to a gold production company. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable by the Company, are
inherently subject to significant business, economic, competitive,
political and social uncertainties and other contingencies. Many factors
could cause the Company’s actual results to differ materially from those
expressed or implied in the forward-looking statements. These factors
include, among others, conclusions or realization of mineral resources,
the actual results of exploration activities, possible variations in ore
grade or recovery rates, fluctuations in the price of gold and silver,
risks relating to additional funding requirements, political and foreign
risks, production risks, environmental regulation and liability,
government regulation as well as other risk factors set out under the
heading “Risk Factors” in the Annual Information Form dated March 26,
2010 which is available on SEDAR at www.sedar.com. Investors are
cautioned not to put undue reliance on forward-looking statements due to
the inherent uncertainty therein.
Neither the Toronto Stock Exchange nor the AIM Market of the London Stock
Exchange has reviewed and neither accepts responsibility for the adequacy
or accuracy of this news release.
Contacts:
Greystar Resources Ltd.
Geoff Chater
Vice President
(604) 614-7830
info@greystarresources.com
www.greystarresources.com
Renmark Financial Communications Inc.
John Boidman
Investor Relations
(514) 939-3989 or (416) 644-2020
jboidman@renmarkfinancial.com
Renmark Financial Communications Inc.
Dan Symons
Investor Relations
(514) 939-3989 or (416) 644-2020
dsymons@renmarkfinancial.com
www.renmarkfinancial.com
London NOMAD Contact
NCB Stockbrokers Limited
Christopher Caldwell
+44 (0) 20 7071 5200
christopher.caldwell@ncb.ie
Copyright 2010, Market Wire, All rights reserved.
VANCOUVER, BRITISH COLUMBIA, Apr 08 (MARKET WIRE) —
Greystar Resources Ltd. (the “Company”) (TSX: GSL)(AIM: GSL) announces
following the selection of Steve Kesler as President and Chief Executive
Officer of the Company to lead the Company’s anticipated transition from
a gold exploration company to a gold production company that Tim Lallas
has resigned as Vice-President Finance, Administration and Chief
Financial Officer (“CFO”).
David Rovig commented, “We thank Tim for his contributions and we wish
him the best in his future endeavors.”
Rick Low, the current Director Finance of Greystar, has been appointed
interim CFO until a permanent successor is selected. Mr. Low is a
chartered accountant (1981) with over 29 years of international
experience. Before joining the Company, Mr. Low held the position of Vice
President Finance for Jinshan Gold Mines Inc.
The Company is currently conducting a search for a permanent successor
with demonstrated experience in major project financing and intends to
appoint a new CFO as soon as a suitable candidate is identified.
About Greystar Resources Ltd.
Greystar Resources Ltd. is a precious metals exploration and development
company that is currently completing a feasibility study on its wholly
owned, multi-million ounce Angostura gold-silver deposit in northeastern
Colombia. A positive prefeasibility study announced on March 25, 2009
envisions average annual production at Angostura of 511,000 ounces of
gold and 2.3 million ounces of silver over a 15 year mine life.
Forward-Looking Statements
Certain statements in this news release are “forward-looking” within the
meaning of Canadian securities legislation. They include statements about
future management and the Company’s anticipated transition from a gold
exploration company to a gold production company. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable by the Company, are
inherently subject to significant business, economic, competitive,
political and social uncertainties and other contingencies. Many factors
could cause the Company’s actual results to differ materially from those
expressed or implied in the forward-looking statements. These factors
include, among others, conclusions or realization of mineral resources,
the actual results of exploration activities, possible variations in ore
grade or recovery rates, fluctuations in the price of gold and silver,
risks relating to additional funding requirements, political and foreign
risks, production risks, environmental regulation and liability,
government regulation as well as other risk factors set out under the
heading “Risk Factors” in the Annual Information Form dated March 26,
2010 which is available on SEDAR at www.sedar.com. Investors are
cautioned not to put undue reliance on forward-looking statements due to
the inherent uncertainty therein.
Neither the Toronto Stock Exchange nor the AIM Market of the London Stock
Exchange has reviewed and neither accepts responsibility for the adequacy
or accuracy of this news release.
Contacts:
Greystar Resources Ltd.
Geoff Chater
Vice President
(604) 614-7830
info@greystarresources.com
www.greystarresources.com
Renmark Financial Communications Inc.
John Boidman
Investor Relations
(514) 939-3989 or (416) 644-2020
jboidman@renmarkfinancial.com
Renmark Financial Communications Inc.
Dan Symons
Investor Relations
(514) 939-3989 or (416) 644-2020
dsymons@renmarkfinancial.com
www.renmarkfinancial.com
London NOMAD Contact
NCB Stockbrokers Limited
Christopher Caldwell
+44 (0) 20 7071 5200
christopher.caldwell@ncb.ie
Copyright 2010, Market Wire, All rights reserved.
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