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 March 01, 2010
Minaurum Announces Appointment of New President and CEO

 

Minaurum Gold Inc. (the “Corporation” or “Minaurum”) is pleased to announce the appointment of Mr. Darrell A. Rader as the Corporation’s new President and Chief Executive Officer.

Mr. Rader holds a Bachelor of Business Administration (Finance) from Simon Fraser University. He previously served as the Manager of Corporate Development for Energold Drilling Corp and IMPACT Silver Corp. during which time Energold grew from four drill rigs to over eighty in its fleet and IMPACT was transformed from a silver explorer into a profitable silver miner. His responsibilities included managing operations, arranging financing and structuring mergers and acquisitions.

“I am very excited and pleased to take on the role of President and CEO of Minaurum,” stated Mr. Rader. “Minaurum boasts a strong team of experienced geologists along with the excellent development potential of the Capilla and Aurena Projects. I look forward to advancing these projects as well as pursuing other acquisitions.”

The Corporation also announces the resignation of Aaron Keay from the position of President and CEO. Mr Keay will remain a director of the Corporation. Minaurum has granted a total of 900,000 incentive stock options to officers, directors and consultants of the Company, at an exercise price of 50 cents.

Minaurum is a gold and silver explorer focusing on the acquisition and development of economic precious metals deposits in Mexico. Minaurum is currently advancing the drill-ready Capilla and Aurena Projects.

ON BEHALF OF THE BOARD

“Darryl Cardey”

Darryl Cardey

Chief Financial Officer and Director

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 
 

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