Malaga Inc. (malaga)
Toronto Stock Exchange (TSX)
MONTREAL, July 8 /CNW Telbec/ - Malaga Inc. (TSX:MLG) is pleased to
announce the appointment of Paul Cregheur as a member of the Company's Board
Paul Cregheur has had a very successful career in the mining world and
has been successively a chief geologist, a mine manager, a mining consultant,
a vice-president operations and a president and CEO. He has worked for large
companies (Falconbridge, Noranda and Rio Algom) as well as for smaller ones
and has also been involved in the reopening of mines (the Kiena mine in Val
d'Or, Québec, for instance) and the start-up of the Chadbourne mine (Noranda,
Québec) and has also been actively involved throughout his career in project
evaluation, ore reserve estimations, cost controls and feasibility studies.
From 2003 to 2007, he was the President and CEO of Wesdome Gold Mines
Inc. where he very successfully managed the multi-million dollar West Dome
Project in Val d'Or, Quebec, comprising the former Kiena mine, the new Shakey,
West Dome and McKenzie Break projects. He is now a mining consultant and is
involved in many mining projects throughout the world.
Jean Martineau, Malaga's President and CEO is very pleased to welcome
Paul Cregheur to Malaga's Board of Directors and considers that his vast
experience in the mining world will be invaluable for the Company as it grows
and develops into an important tungsten producer in the Americas.
Ivan Quiroz, a mining engineer, has left the Board and will continue full
time as the Vice-President Operations in Peru. The Company wishes to thank him
for his enthusiasm and his contributions as a member of the Board of Directors
during his tenure.
ABOUT MALAGA INC.
Malaga Inc. is a tungsten mining company that uses modern, efficient and
productive mining technology. The Company is committed to growth, through
increasing its tungsten concentrate production, continuing the exploration of
the Pasto Bueno property, and through strategic acquisitions. It also seeks
diverse growth opportunities such as developing the hydroelectric potential of
the Pasto Bueno property, through Hidropesac, in which the Company holds 44%,
as well as through its holding in Dynacor Gold Mines Inc., in which the
Company owns 13.3%.
For further information:
For further information: Jean Martineau, President & CEO, Malaga Inc.,
(514) 288-3224; Renmark Financial Communications: Julien Ouimet:
firstname.lastname@example.org; John Boidman: email@example.com,
(514) 939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com