TORONTO, June 23 /CNW/ - Gold World Resources Inc. (GDW-TSX Venture) (the
"Company") is pleased to report that at the Company's Annual and Special
Meeting held on June 19, 2008, shareholders elected a team of strong and
experienced directors to carry out the Company's China growth strategy.
Shareholders voted overwhelmingly for management's slate of directors:
- Hermann Derbuch, P.Eng.
- Denis Francoeur, P.Geo.
- Gerald Gauthier, P.Eng.
- Brian D. McChesney, P.Eng.
- Peter Schmied
and reaffirmed the Officers:
Hermann Derbuch - Chairman and Chief Executive Officer
Domenico Bertucci - Chief Financial Officer
The Audit Committee was appointed from the independent directors at the
ensuing Board Meeting:
Brian D. McChesney - Chairman Audit Committee
Gerald Gauthier - Member
Peter Schmied - Member
The Company is looking forward to a productive year. The Exploration
License for the Company's Ming (Yangjiagou) Gold/Silver property in Hebei
Province, China (the "Ming Property") was successfully renewed by the Hebei
Provincial Bureau of Land and Resources and the incorporation of the Hebei
Ming Yu Mining Company Cooperative J.V. Company is in the final stages of
completion. The Company is in the process of planning a targeted exploration
program for the Ming Property, which will include exploration trenches and
subsequent diamond drilling focused on existing geochemical gold and silver
anomalies. Concurrent with its program on the Ming Property, the Company is
pursuing commercial transactions with near production or producing gold/silver
properties throughout China. To that effect, management is presently in
negotiations with several property owners to meet its stated growth
About Gold World Resources Inc.:
The Company is exploring for precious metals in China and has recently
signed a Joint Venture Contract to establish a Sino-Foreign Contractual Joint
Venture Company for the exploration and development of the Ming Project. For
more information about the Company's activities we invite you to visit our
ON BEHALF OF THE BOARD
Chairman & CEO
Gold World Resources Inc.
Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of the Securities Act
(Alberta), including statements concerning Gold World Resources' plans for the
Property, which involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of
Gold World Resources, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
information. Such information contained herein represents management's best
judgment as of the date hereof based on information currently available.
The TSX-Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Hermann Derbuch, P.Eng., Tel.: (416) 594-9888 ,
Fax: (416) 594-1967