Shares Issued: 46,329,480
KELOWNA, BC, July 17, 2012 /CNW/ - TIEX INC. (TSXV: TIX) ("Tiex" or the "Company") is pleased to announce Mr. Michael Starogiannis, P.Eng. has joined the
company's advisory committee.
Michael Starogiannis is an analyst for Fraser Mackenzie covering the
Metals and Mining sector. Mr. Starogiannis is a professional engineer
and graduate of the University of Toronto with a B.A.Sc. in Geological
and Mineral Engineering. He started his career as a consulting
geotechnical engineer working for Golder Associates on a variety of
projects entailing rock mechanics, hydrogeology, and tailings. Since
finishing his MBA at the Rotman School of Management in 2001 he has
held roles in equity research, private business, and investor
relations. Mr. Starogiannis' prior experience in capital markets is
mainly in researching the gold and precious metals sector for several
Ken Faulkner, President and C.E.O. comments: "Mike brings a wealth of
knowledge to our team. As we move forward, Mike's contribution will be
invaluable when assessing and sourcing funding efforts as well as
geologic and strategic options. I know that Mike is very familiar with
our property portfolio and the goals we set for exploration, his
technical and fundamental expertise is very tangible as we forge the
future of the company. On behalf of the Board of Directors and I, we
welcome Mike to the company."
Mr. Starogiannis comments:" Over the last year I have watched Ken
assemble a very good team, which I am familiar with. I understand what
they are trying to accomplish with some very good targets in this
prolific area. I look forward to contributing any way I can to help
this vision become a reality."
Stephen Wetherup, B.Sc., P.Geo. is the Qualified Person as defined by
National Instrument 43-101 and is responsible for the technical
information provided in this release.
About Tiex Inc:
Tiex Inc. is a TSX Venture listed mineral exploration company focused on
the exploration of its 95,559 ha Cariboo Region properties, including
the 16,180 ha Bullion Property which is under an earn-in option/joint
venture agreement with Newmont Canada Corporation as announced in the
Company's April 27, 2011 news release. The properties are located in
the prolific Quesnel Terrane of central British Columbia, Canada and
are accessible by highway and logging roads year round. For more
information, you can visit the company's website at: www.tiexinc.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
"Kenneth D. Faulkner"
President & CEO
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.
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.
SOURCE TIEX Inc.
For further information:
Ken D. Faulkner, President & CEO
Telephone: (250) 869 - 1607
Facsimile: (250) 868 - 0798