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TORONTO, April 2, 2012 /CNW/ - EPM Mining Ventures Inc. (TSXV: EPK) ("EPM" or the "Company") announced today the departure of Stephen M. Jones from the Board of Directors effective March 31, 2012; and the departure of Jeff Gentry from his position as Vice Chairman effective March 31, 2012, though Mr. Gentry will retain his board seat. Both are leaving to pursue new opportunities.
Lance D'Ambrosio, Chief Executive Officer of EPM, said; "We want to thank Steve and Jeff for their hard work and wish them the best of luck in their new endeavors. Without their leadership and dedication, we could not have progressed as quickly as we have. Additionally, we are pleased that Jeff will continue as a board member."
About EPM Mining Ventures
EPM, through its wholly owned subsidiary Peak Minerals Inc., controls directly or through agreement mineral leases on more than 123,000 acres on the Sevier Dry Lake property in Millard County, Utah. EPM is targeting the future development and production of Sulfate of Potash (SOP), a premium priced fertilizer used with special crops and soil types, through a cost-effective solar evaporation methodology. The Company is currently engaged in engineering and chemical analysis designed to support the completion of a Definitive Feasibility Study.
For more information on the Company, please visit our web site at www.epmmining.com.
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.
This new release includes "forward-looking information" and "forward-looking statements" under applicable Canadian securities laws, which includes statements related to the anticipated completion date of the drilling program at the Sevier Lake project and expected timing of an updated NI 43-101 technical report and a Definitive Feasibility Study. These statements reflect current beliefs of management of the Company and are based on information currently available which may prove to be incorrect. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of EPM to be materially different from those expressed or implied by such forward-looking information, including risks associated with the future business and development of the company and risks meeting estimated completion dates caused by inclement weather, mechanical failure, or other unanticipated difficulties. Although EPM has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. EPM does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
For further information:
Chief Executive Officer