PEORIA, AZ, July 8, 2013 /CNW/ - Viking Minerals Inc. (VKMLE-OTCBB) announces on behalf of the Board of Directors that the Company has extended the contract of Dr. Allan Rosenthal, Ph.D, as President & CEO for another year through 2014.
The Company is currently in the process of acquiring several large mining assets, a process of which Dr. Rosenthal's input has been and continues to play an integral role. Dr. Rosenthal has a PH. D in Ceramic Science, Engineering, and experience with precious metals. Not only have his insights and knowledge been invaluable in determining proper valuations of the Company's targeted acquisitions, but his reappointment and continued service to the Company in the role of CEO have been specifically requested by a number of the owners & principles of our targeted projects. The company is excited to extend Dr. Rosenthal's contract and welcomes him again as our CEO and President.
The Company continues the negotiation processes and plans to acquire several assets in Gold, Silica and Coal, with a variety of acquisition structures for each of our 3 targeted acquisitions. We are working diligently to ensure that each of sets of terms and final agreements we reach will be of the greatest benefit to the Company and its valued shareholders.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, which include among others, the inherent uncertainties associated with smaller reporting companies, including without limitation, other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
SOURCE: Viking Minerals Inc.
For further information:
Viking Minerals Inc.
Peoria, AZ. 85381
Charles Irizarry, CFO