TORONTO, April 23, 2013 /CNW/ - Asher Resources Corporation (the "Company" or "Asher") is pleased to announce that Mr. John M. Arnold, CA has been appointed as a director and as Chairman of the Company. Most recently, Mr. Arnold was a director of Queenston Mining Inc. which was purchased in late 2012 by Osisko Mining Corporation for approximately $550M. Mr. Arnold is a natural resource executive with over 35 years of experience in lumber, oil and gas and also mineral exploration with over 20 years experience in Nevada with X-Cal Resources Ltd.'s Sleeper project (now Paramount Gold & Silver Inc.) as well as extensive exploration and development experience in British Columbia, Ontario, Quebec, Nunavut and Newfoundland/Labrador.
"We are delighted to have John join Asher as a director and as our new Chairman during our early growth stage" commented Richard Buzbuzian, President and CEO. "John brings over 35 years of high level mining experience. This firstly begins with his Nevada expertise regarding the Sleeper project near Winnemocka that was sold to Paramount Gold and Silver Corp. This is in addition to the $550M Queenston Mining Inc. sale to Osisko Mining Corporation. John, with his international mining network will be a great asset to Asher as we pursue our own business strategy of developing a North American precious metals resource that would also be an attractive acquisition for a producer."
"Furthermore, I would like to warmly thank Dr. Terry Christopher for being Chairman of Asher during our early growth stage."
About Asher Resources:
Asher Resources Corporation is a gold exploration company headquartered in Toronto Ontario, with a regional office in Reno Nevada. Asher's mission is to discover and develop high quality North American precious metal resources that would be an attractive acquisition for a producer. Its current focus is in southern BC and the Nevada Great Basin.
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.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
SOURCE: Asher Resources Corporation
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For further information, please contact Richard Buzbuzian at:
Telephone: (647) 501-3290