VANCOUVER, June 25, 2012 /CNW/ - Fire River Gold Corp. [TSXV: FAU | OTCQX: FVGCF | FSE: FWR] (the "Company") today announced that it has accepted the resignations of the following individuals, effective immediately: Richard Goodwin, President and director, Timothy Smith, Vice President and Chief Operating Officer and Board members, Linda Holmes and C. Douglas Lang.
R. David Russell, the Company's Non-Executive Chairman, reports, "We would like to thank Mr. Goodwin and Mr. Smith for their contribution to the Nixon Fork Mine. We also want to thank Ms. Holmes and Mr. Lang for their support to the Board of Directors and wish each of them well in their future endeavours."
The Board of Directors is expected to appoint a new President and Chief Executive Officer this week, followed by several company updates.
On behalf of the Board of Directors,
"R. David Russell"
R. David Russell,
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. 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. We seek safe harbour.
For further information: