VANCOUVER, Feb. 6, 2014 /CNW/ - Discovery Harbour Resources Corp.
(TSXV:DHR) ("Discovery", "Company") is pleased to announce the
appointment of Frank D. ("Bruno") Hegner as President and CEO of the
company. Mr. Hegner will replace Ian Graham who was President and CEO
of Discovery Harbour since its founding as a private company in March,
2009, and continued as President and CEO following its transition to
the public markets through a Reverse Takeover transaction with Cayman
Ventures Corp. by way of Plan of Arrangement on April 2nd, 2013.
Mr. Hegner has been an Independent Board Member of Discovery Harbour
since October 2011, and continued on the public company board following
the Company's RTO in April, 2013. He has over 25 years of experience in
the mining industry and has held a variety of staff and operational
positions with Cyprus Minerals Company, Magma Copper Company and Rio
Tinto plc. He retired from Rio Tinto as Managing Director of the Copper
Projects Group where he was responsible for development of the
Resolution and La Granja copper projects. Mr. Hegner holds a Bachelor
of Arts Degree in Russian History from Fort Lewis College in Durango,
Colorado and a Juris Doctor Degree from the University of Denver
College of Law. He has also pursued post-graduate studies at Duke
University, the London School of Business and the Colorado School of
"Bruno is a wonderful choice of President for Discovery", states Ian
Graham, outgoing President and CEO. "His international experience among
large and mid-size production companies in both their operating and
exploration units has given Bruno a comprehensive knowledge of the
discovery pipeline process, from evaluation through to production.
Bruno and I met at Rio Tinto whilst Bruno oversaw the exploration
business' farm-in, JV and investment relationships with junior
exploration companies, a role he created and defined, and which lead to
great value creation for that company. I am thrilled that Bruno has
agreed to replace me at Discovery Harbour, and I leave Discovery
confident that it will prosper under his leadership."
The Board wishes to welcome Bruno to the role of President and CEO, and
looks forward to working with him to advance the Company and its
projects. The Board also would like to thank Mr. Graham for his efforts
to establish the company and succeed with listing the company in
difficult public markets. All at Discovery Harbour wish him success in
his future endeavours.
ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.
J. Patricio Varas
Director; Chair - Compensation Committee
Disclaimer for Forward-Looking Information
Except for statements of historical fact, this news release contains
certain "forward-looking information" within the meaning of applicable
securities law. Forward-looking information is frequently characterized
by words such as "plan", "expect", "project", "intend", "believe",
"anticipate", "estimate" and other similar words, or statements that
certain events or conditions "may" occur. Forward-looking information
in this press release includes, but is not limited to, statements
regarding expectations of management regarding the new CEO, his
management capabilities and the prosperity of the Company under his
leadership. Although the Company believes that the expectations
reflected in the forward-looking information are reasonable, there can
be no assurance that such expectations will prove to be correct. Such
forward-looking statements are subject to risks and uncertainties that
may cause actual results, performance or developments to differ
materially from those contained in the statements including, without
limitation, the risks that the new CEO may not perform as expected,
that the Company may not prosper under his leadership for any reason
whatsoever. Except as required by law, we do not intend to update these
Neither 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 this release.
SOURCE: Discovery Harbour Resources Corp.
For further information:
contact Kieran Magee by telephone at (604) 689-1799 or email firstname.lastname@example.org