VANCOUVER, April 12 /CNW/ - Golden Predator Royalty & Development Corp. (TSX:GPD) (the "Company") is pleased to announce the appointment of Mr. Piers McDonald, the former Premier of the Yukon, to its Board of Directors. "I am extremely pleased to welcome Mr. McDonald to the Board" said William M. Sheriff, Chairman and CEO. "Mr. McDonald was instrumental in creating Yukon's favorable economic environment and we look forward to drawing on his experience in developing our company into the leading gold company in the Yukon."
Mr. Piers McDonald, O.C.
Originally moving to the Yukon to work as an underground drift miner at the United Keno Hill Mines in Elsa, Yukon, Mr. McDonald dedicated two decades to the political landscape of the Yukon. As Premier (1996 to 2000), his many accomplishments include negotiating the Final Agreement on the devolution of lands and resource management to the Yukon from the federal government, the advancement of Land Claims negotiations and First Nation relations, and progressive tax reform. Serving as a Member of the Legislative Assembly from 1982 to 1996, his portfolios included Minister of Economic Development, Mines & Small Business, Education, Finance and Workers Compensation before being elected as Premier.
Mr. McDonald founded and serves as Chairman of the Northern Vision Development Corporation, the leading land developer in the Yukon. Appointed as the President of the 2007 Canada Winter Games, he was instrumental in orchestrating the support of the North West Territories and Nunavut to help deliver a Pan-North Canada Games and the sharing of the Games' national spotlight.
Mr. McDonald also serves as Vice Chairman on the Canada Games Council and serves on the Board of Directors for Northwestel Inc. In 2008, Mr. McDonald was inducted into the Order of Canada for his leadership in economic development in Canada's North.
About Golden Predator Royalty & Development Corp.
Golden Predator's corporate mandate is to establish a self-funded gold company focused on the Yukon, Canada.
Golden Predator has established an industry leading gold property position in the Yukon and is aggressively exploring its Gold (Scheelite) Dome, Eureka, Antimony Mountain, Clear Creek and Brewery Creek projects with drilling planned on all 5 projects during 2010.
Golden Predator is advancing its Adelaide project in Nevada with underground drilling and bulk sampling planned. Further drilling is planned at Golden Ridge and Lantern to potentially provide near term production of small-tonnage high grade ores. Golden Predator intends, through its strategic use of modular mills at its Taylor and Humboldt mill sites, to become a gold producer capable of funding its Yukon program. In addition, Golden Predator currently receives in excess of $1.0 M per year from its royalty stream.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Golden Predator's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Golden Predator assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.
SOURCE Americas Bullion Royalty Corp.
For further information: For further information: Golden Predator Royalty & Development Corp., Investor Relations: (604) 648-GOLD (4653)