WINNIPEG, Nov. 9, 2011 /CNW/ - Mr. Dale Ginn, CEO and President of SGX
Resources Inc. (the "Corporation"), a company listed on the TSX Venture
Exchange under the symbol "SXR", is pleased to announce that Mr. George
Pirie and Mr. William Ferreira have been appointed as directors of the
Corporation effective today.
Mr. Pirie currently serves as Chief Executive Officer and as a director
of San Gold Corporation. Mr. Pirie has over 30 years experience in
senior management roles within the mining industry, specifically
related to underground gold and base metal companies. Mr. Pirie's
career began in Timmins, Ontario with Noranda's Pamour Porcupine Mines,
joining with Dome Mines in 1985 to begin an impressive 20 year career
with Placer Dome Canada. Various senior positions were held during this
period including chief financial officer with Placer Dome North America
and Placer Dome Canada, culminating as president and chief executive
officer of Placer Dome Canada, as well as Executive Vice-President of
Placer Dome Inc., responsible for Canadian operations which included
Red Lake, Timmins and Musselwhite. Mr. Pirie has also held the
president and chief executive positions at Breakwater Resources and
Northern Star Mining and has served on a number of boards including the
Mining Association of Canada, Ontario Mining Association, the Ontario
Mineral Industry Cluster Council and Mirarco.
Mr. Ferreira, M. Sc., P.Geo., is a geologist with over 25 years
experience in gold, base metal and diamond exploration. Mr. Ferreira
previously worked with Noranda Exploration Company Limited, Esso
Minerals Canada, Falconbridge Limited, Granges Exploration Company
Limited, Canmine Resources Corporation and San Gold Corporation. Mr.
Ferreira owns W. S. Ferreira Ltd., a company that explores for minerals
in Manitoba and is currently San Gold's Exploration Manager. Mr.
Ferreira played an important role in the discovery of the Hinge, Cohiba
and 007 Gold Mines that are currently being mined by San Gold
Dale Ginn, CEO commented on the appointments, "We are very excited to
have George and Bill join the SGX team and look forward to our growing
and developing our Timmins area projects together just as we have done
in the Rice Lake Belt in Manitoba. George's extensive knowledge of the
Timmins camp and Bill's obvious expertise in gold exploration will no
doubt be a positive influence for us and our shareholders."
In addition, Mr. Pirie has been granted 200,000 options to purchase
common shares of the Corporation at a price of $0.235 per share for a
period of five years from the date of issuance. The options were issued
pursuant to the Corporation's stock option plan.
Neither the 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 the contents of
this News Release.
SOURCE SGX Resources Inc.
For further information:
Dale Ginn, CEO and President of SGX Resources Inc. at (204) 794-5818 or Hugh Wynne, Executive Chairman of SGX Resources Inc., at (204) 774-6771.