SASKATOON, March 4, 2013 /CNW/ - Star Uranium Corp. (SUV - TSX Venture) (the "Corporation") is very pleased to announce today that Mr. Jim
Engdahl has been appointed as director of the Corporation, effective
The Corporation also announces that Mr. Marc Staniloff has resigned as
director of the Corporation effective March 4, 2013. Mr. Kyle Kozuska,
Chief Executive Officer of the Corporation, would like to thank Mr.
Staniloff for his past service to the Corporation.
In March of 2006, Mr. Engdahl became the President, CEO, and a Director
of Great Western Mineral Group ("GWMG"). During Mr. Engdahl's seven
years as CEO of GWMG, the company acquired key assets which positioned
GWMG to become one of the first fully integrated Rare Earth companies
in the world and raised over $150 million for GWMG's growth. Jim
resigned as President, CEO of GWMG in September 2012, and as a director
in November 2012. Mr. Engdahl remains a special consultant to the CEO
and board of directors of GWMG.
Mr. Engdahl sat on the board of Enterprise Saskatchewan mining group
committee. Enterprise Saskatchewan is an economic advisory group to the
government of Saskatchewan. Appointed in 2008, Jim resigned in 2010
after the special committee had finished its mandate.
Mr. Engdahl was appointed to the Board of Saskatchewan Trade & Export
Partnership ("STEP") in 2008 and held position of the Chair of their
Audit Committee. STEP is a government/industry sponsored Non-Profit
Organization developed to aid and assist all exporters within
Saskatchewan. Jim resigned from the board in 2010 due to time
commitments with GWMG.
Prior to GWMG Jim was the managing partner of Cascadia Development
Corp., a corporate finance, M&A, and consulting group that was acquired
by a major Western Canadian Accounting firm where Jim became the
managing senior partner for their corporate finance group for
Saskatchewan, then later became the managing partner for Alberta.
During this time he was involved in many transactions totaling in the
hundreds of millions. Mr. Engdahl worked in the Canadian banking
system with Bank of Montreal and as Vice President of Barclays Bank of
Canada. Mr. Engdahl also previously held positions as director of
Claude Resources and President, CEO, and Director of Shore Gold and
presently sits on the board of Formation Metals Inc. of Vancouver.
Kyle Kozuska, President of Star Uranium said, "We are very pleased to
add Mr. Engdahl to the board of directors of Star Uranium. His
extensive business and finance experience along with his extensive
global network will be a valuable addition to Star Uranium Corp.
Star Uranium is a Canadian based entity focused on the strategic
acquisition and development of resource properties on a worldwide
For more information, please visit our website at www.staruranium.com.
ON BEHALF OF THE BOARD
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.
SOURCE: Star Uranium Corp.
For further information:
Star Uranium Corp.