SPARKS, NV, June 16 /CNW Telbec/ - ROMARCO MINERALS INC. (TSXV: R) (the
"Company") announces that it will be consolidating its head office operations
in Toronto, Ontario, bringing together the functions currently carried out in
Vancouver, B.C. and Sparks, Nevada. Certain staff members will be relocating
to the Company's offices in Toronto, however Mr. James Meek, CFO, will not be
relocating and as such will be leaving the Company. The Company's Controller,
Dat Huynh will remain in charge of the accounting and reporting functions of
the Company. Mr. Huynh is a designated C.G.A. and performed all of the
accounting and financial functions of the Company during the year prior to Mr.
Meek joining. In addition to Mr. Huynh, Romarco has two degreed accountants on
The Company is also pleased to announce that Mr. Roy Henderson has joined
the Company as Controller of Haile Gold Mine. Mr. Henderson has a
distinguished career in mining accounting, holding the positions of V.P.
Finance, Corporate Controller, Director of Internal Audit, and Mine Site
Controller for a number of mining companies including Santa Fe Pacific, Nord
Resources, Cobre Mining and AMAX Potash Corporation.
Jim Arnold, Sr. V.P. and COO commented, "I worked with Mr. Henderson
during my tenure at Santa Fe Pacific and am delighted to have him on our team.
His experience in mine site accounting, budgeting, taxation and cost
accounting systems will be very valuable as the Haile Mine continues to grow
and develop into a producing operation". Mr. Henderson will reside in South
Diane Garrett, President and CEO said "given the growth and development
of Romarco we believe locating our headquarters in Toronto is an important
further step. We thank Mr. Meek for his service to the Company. The Company
has begun making arrangements necessary for the relocation and expects to have
completed most of the transition by the end of July, 2009. A search for a new
CFO to replace Mr. Meek will be launched immediately".
Romarco Minerals Inc. is a gold development company focused on production
in the US and Mexico. The Company's flagship project is the Haile Gold Mine in
South Carolina which is currently undergoing exploration drilling, development
planning and permitting. The Pinos Gold District in Mexico is a high grade
epithermal vein district in the advanced exploration stage.
ON BEHALF OF ROMARCO MINERALS INC.
"Diane R. Garrett"
Diane R. Garrett,
President and C.E.O.
"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."
For further information:
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