VANCOUVER, Aug. 9, 2012 /CNW/ - Western Pacific Resources Corp. (WRP - TSXV) is pleased to announce the appointment of Mr. Douglas Ford as a Director and Chief Financial Officer.
Mr. Ford is the Chief Financial Officer of Rockgate Capital Corp., Rockridge Capital Corp. Falkirk Resource Corp. and Bama Gold Corp. Since 1987, he has been the General Manager of Dockside Capital Group Inc., a private merchant banking and venture capital firm specializing in providing services to, and arranging funding for, emerging growth companies. Mr. Ford is a principal of Pemgroup. Mr. Ford has been a director of a number of public companies and he holds a Bachelor of Arts degree from the University of British Columbia.
On another corporate note, Mr. Peter Thiersch has stepped down as a Director of the Company in order to focus his efforts on his recent appointment as President of another public resource company. Management wishes to thank Peter for his contribution as a Director over the past three years.
Pemgroup is an integrated, multi-disciplinary team of capital markets, corporate finance, exploration and mining professionals with global experience and a proven track record of resource development success. Pemgroup's management lead by Karl Kottmeier, Doug Ford and Kirk Gamley provide the capability and strength to identify, qualify, acquire and develop assets with significant potential for value and growth. Since formation in 2009, the group has raised over $100 million in capital for a variety of mineral projects and is committed to increasing the value for all shareholders at all levels.
About Western Pacific
Western Pacific is a gold explorer focused on acquiring advanced-stage projects in the Western United States, and has the right combination of exploration and financial professionals to succeed in making a world class gold discovery. For more information, please visit our website at www.westernpacificresources.com.
ON BEHALF OF THE BOARD
Warwick Smith, Chief Executive Officer
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing and exploration activities, the interpretation of drilling results and other geological data, risks associated with the estimation of mineral resources and the geology, grade and continuity of mineral deposits, project cost overruns or unanticipated costs and expenses -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Western Pacific Resources Corp.
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