SEATTLE, January 30 /CNW/ - Hans Boge, P.Eng., Chair, Klondike Star
Mineral Corporation (OTCBB:KDSM) today announced the appointment of Mr. Ayman
Shahin as a director on the Board of Directors for the Company.
Head of Treasury for ARY Traders, Dubai, U.A.E., Ayman Shahin has a
strong understanding of financial and physical precious metals markets
developed over a period of fifteen years from working with major bullion
houses in four major centers for the industry - Toronto, New York, London and
Dubai. Shahin has worked with Rudolf Wolff UK, Lehman Brothers Inc. NY, the
Republic National Bank NY, and the Canadian Imperial Bank of Commerce as a
senior bullion dealer, proprietary trader, foreign exchange and bullion
consultant variously. Shahin's formal education includes the CSC, COC and CFE
from the Canadian Securities Institute, studied for an MBA from the Monetary
Institute of International Studies, and a Bachelor of Science.
Boge said, "Ayman Shahin brings a wealth of experience and expertise in
financial affairs, as well as the gold markets and international business
development to Board decision-making in the best interests of our stock
Shahin's appointment brings the recently expanded board to five
directors. He is an independent director and a member of the Audit Committee.
With respect to the Company's continuing efforts to improve corporate
governance practices and investor relations services, Klondike Star's Board of
Directors has adopted a formal Disclosure Policy. Klondike Star believes that
good and effective disclosure practices help to distinguish the Company among
industry players in the mineral exploration and development market. Timely,
informative, factual, relevant and balanced information dissemination is in
the best interests of shareholders, potential investors and the Company.
"We believe in full and timely disclosure. In our view, it is a strength
and evidence of a well-performing and effectively managed company. When
shareholders and potential investors know our story, intimately, through the
good and the bad, we expect they'll invest in Klondike Star and stick with us
as we grow and develop," said Boge.
To view or obtain a copy of the Disclosure Policy, go to the Company
website www.klondikestar.com under About Us and Policies or contact Investor
About Klondike Star
Klondike Star Mineral Corporation is an established exploration and
development company actively working on eight major properties, totaling 463
square kilometers or 179 square miles in the Yukon, Canada. The company is
developing extensive surface and subsurface mineralized zones on a 370 square
kilometer or 143 square mile land position underlying the site of the Klondike
gold-producing region in the Dawson mining district. These holdings include,
but are not limited to properties known as the Lone Star Project and the
Indian River Placer Project, both advanced stage exploration.
Additionally, Klondike Star holds interests in 93 square kilometers or 36
square miles of select high potential targets for gold, base and precious
metals in the Watson Lake and Whitehorse mining districts of the Yukon.
The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's results from
new products or actions in development are forward-looking statements, within
the meaning of the Private Securities Litigation Reform Act of 1995. The
statements in this document may also contain "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Since this information may contain
statements that involve risk and uncertainties and are subject to change at
any time, the company's actual results may differ materially from expected
For further information:
For further information: Klondike Star Mineral Corporation Investor
Relations: Wayne Cousins, 800-579-7580