TSX Venture: ASW
VANCOUVER, Dec. 9 /CNW/ - Anglo Swiss Resources Inc. ("Anglo Swiss Resources" or the "Company") is pleased to announce the appointment of David Constable BSC (Hons.), MBA (Hons.), ICD.D to the Company's board of directors, effective immediately. David has more than 40 years experience in mineral exploration, development and strategic investor relations throughout Canada and internationally. From 2002-10 he was Vice President Investor Relations for FNX Mining Company Inc., retiring after the 2010 $3.5 billion merger with Quadra Mining Ltd. to create QuadraFNX Mining Ltd. Previously, from 1996 - 2002, he listed Australia's Normandy Mining Limited on the Toronto Stock Exchange and marketed Australia's largest gold producer in North America until its $2.4 billion acquisition in 2002 by Newmont Mining Corporation.
David has a BSc (Hons.) from Mount Allison University in New Brunswick and an MBA (Hons.) from Sudbury's Laurentian University. He is an experienced director of public resource companies and possesses an ICD.D designation from the Institute of Canadian Directors. Previous board positions included eight years with Aquiline Resources Inc. until its $660 million acquisition by Pan American Silver Corp. late in 2009 and Moly Mines Limited until the completion of a US$700 million financing for its Spinifex Ridge Project in Western Australia in May 2010. He is currently Chairman of both U3O8 Corp and Rockcliff Resources Inc. and on the board of Magma Metals Limited and Woulfe Mining Corp.
Len Danard, President and CEO states "We are pleased that the Anglo Swiss Resources' gold story is strong enough to attract a senior, experienced director. David brings a wide breath of experience in strategic investor relations, mineral exploration and development, financings and extensive merger and acquisition activities. Adding a director with an ICD.D designation will improve all aspects of corporate governance and corporate communication. David will be an active addition to the evolving Anglo Swiss Resources team."
Anglo Swiss Resources is developing the Company's 100% owned Kenville Gold Mine property and is also earning a majority interest in the 160 square kilometer Nelson Mining Camp, south of the Kenville property. The Nelson Mining Camp is the host to numerous, historical producing gold, silver and copper mines, surface adits and old workings. Exploration programs are underway throughout the Camp area with the focus on building a larger gold resource within the Kenville Gold Mine property and beyond to the south.
Neither the 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of Anglo Swiss Resources Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from Anglo Swiss Resources plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by Anglo Swiss Resources with the TSX Venture Exchange and securities regulators. Anglo Swiss Resources does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
For further information: For further information:
President and Chief Executive Officer
Tel: (604) 683-0484
Fax: (604) 683-7497
Email: [email protected]