Malaga Inc. (malaga)
Toronto Stock Exchange (TSX)
MONTREAL, Dec. 20 /CNW Telbec/ - Malaga Inc. is pleased to announce the
appointment of Mr. Denis V. Lachance, eng., to the Company's Board of
Mr. Lachance has more than 25 years of experience in the mining sector.
In September 2006, he was appointed Vice President of Operations, Raglan, for
Xstrata Nickel. He was also appointed to both the Board of Directors of
Xstrata Nickel and the Board of Xstrata's Koniambo Nickel. Although
Mr. Lachance has retired from these positions, he remains an active mining
Prior to September 2006, Mr. Lachance held several important positions.
Among them, in June 2006, he was elected President of the Board of the Quebec
Mining Association. He was also the Director of the Noranda Technology Center,
Director of the Perseverance and Lady Loretta Feasibility Studies for Noranda
inc.-Zinc group, as well as a Project Manager and Mines General Manager for
Noranda Inc. Mr. Lachance has also worked for companies such as Agnico-Eagle
Mines Ltd., Falconbridge Copper, and Lac Minerals.
"We are pleased to welcome Mr. Lachance to our Board." said
Jean Martineau, Chairman of the Board and President and CEO of Malaga Inc.
"His vast experience in the mining sector and his management expertise as well
as the breadth of his Boardroom experience will clearly greatly assist us in
successfully reaching our full potential."
Ivan Quiroz Nunez, Vice President Operations, Peru
Malaga would like to correct an error made in a previous press release,
dated September 26, 2007. In that press release, the Company named Ivan Quiroz
Nunez Vice President of Exploration. In fact, Mr. Nunez's correct title is
Vice President Operations, Peru.
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 S.A., 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; Christina Lalli, Investor Relations, Malaga Inc., (514)
288-3224 ext. 224; Renmark Financial Communications: Barbara Komorowski:
firstname.lastname@example.org; Eric Saint-Pierre:
email@example.com, (514) 939-3989, Fax: (514) 939-3717,