VANCOUVER, July 10, 2012 /CNW/ - Athabasca Uranium Inc. ("Athabasca" or
the "Company") is pleased to announce the appointment of Paula Rogers,
CA as a member of the Board of Directors and as Chair of the Company's
audit committee, effective immediately.
Ms. Rogers is a Chartered Accountant with over 15 years of experience at
Canadian-based international public companies in the areas of treasury,
mergers and acquisitions, financial reporting, and tax. She is
currently Director and Audit Committee Chair for TSX-listed Timmins
Gold Corp. and Chief Financial Officer at Castle Peak Mining. As the
former Vice-President, Treasurer of NYSE-listed Goldcorp Inc. and
Corporate Treasurer of Wheaton River Minerals Ltd. until its 2005
merger with Goldcorp, she was instrumental in financing the growth of
both companies during her six-year tenure, successfully raising over $4
billion in bank credit facilities, convertible notes and project
financing for the companies. Prior to Wheaton River and Goldcorp, Ms.
Rogers spent nine years in senior finance roles at Finning
International Inc., including as Assistant Treasurer, Corporate
Reporting Manager and Tax Manager.
"We are pleased to welcome to our Board a director with Ms. Rogers'
qualifications and experience. Her involvement with our team will
definitely help in the ongoing growth of Athabasca Uranium" stated
Barry Lee, Chairman of the Athabasca board. "Her track record in the
mining industry and experience with Goldcorp and Wheaton River will be
a valuable asset to Athabasca at this exciting time in our
Additionally, the Company announces that the Board of Directors has
granted incentive stock options to purchase up to 550,000 common shares
of the Company at a price of $0.15 per share for a period of five years
to its directors, officers and consultants. The grant of stock options
is subject to the approval of the TSX Venture Exchange.
About Athabasca Uranium
Athabasca Uranium Inc. is a uranium exploration and development company
exploring an aggregate of over 60,000 hectares strategically located in
the uranium-rich Athabasca Basin region of northeast Saskatchewan. The
Company's stated vision is to explore the region using leading-edge
technology to become a world-class uranium mining company. Additional
information on Athabasca Uranium and its vision is available on the
Company's website at www.athabascauranium.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Gil Schneider, President & CEO
Neither the TSX Venture Exchange nor its Regulations Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE Athabasca Uranium Inc.
For further information:
For information, please contact the Company:
Toll-Free: (866) 869-8072