Orex Appoints Willie McLucas as President and CEO of Orex Exploration

Internacional (Marketwired, 10 de Septiembre de 2013)  the Company TSX VENTURE: OX FRANKFURT: O5D is pleased to announce that Willie McLucas has been appointed as President and CEO of the Company, effective immediately, by Orex's Board of Directors. He succeeds Mark Billings, who will remain as a director and as Chairman of the Board of the Company.Willie McLucas is a mining financier with over 35 years' experience covering all aspects of the mining industry from exploration through to production in coal, gold and base metals. His experience has taken him to Australia, Bolivia, Chile, France, Kazakhstan, South Africa, Turkey and Zimbabwe. After an early career as a stockbroker and fund manager, his first appointment to the board of a listed company was with Perseverance Corporation in Australia. Perseverance developed the Fosterville mine outside Bendigo in Victoria, Australia.

Commenting on his appointment, Willie said: "After a career working with several Canadian companies, it is a pleasure to be able to join Orex and to focus on a Canadian project that offers the potential of the Goldboro property in Nova Scotia. I feel that the Goldboro property offers first-class potential to build a Canadian-focussed mining company. The history of Orex's property, as one of the earliest producers in Canada, and the exploration possibilities throughout Nova Scotia, provide an exciting opportunity to become not only a producer in the short-term but offers longer-term potential through exploration partially funded from internally generated revenues to build further resources in the Province."

The board of directors, as elected at the Company's annual general meeting of shareholders on May 27, 2013, includes: Mark Billings, Michael Dehn, Will Felderhof, Jacques Levesque (who is also CFO of the Company) and Claude Poulin. Willie McLucas joins the Company as President and CEO, and Julie Godard remains as Corporate Secretary of Orex.

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 news release. The statements made in this news release that are not historical facts are `forward-looking statements, and readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward-looking" statements.

Contact Information

Willie McLucas

President and CEO
+44 7881 816980

Mark Billings
Chairman of the Board
(514) 296-1641



Compartir Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn

Related News

North Bay Resources Inc (NBRI): Oro Rubí actualización

Internacional (Marketwired, 03 de Octubre de 2013) North Bay Resources Inc. (OTCQB: NBRI ) ("North Bay" o la "Compañía") ha emitido la siguiente actualización sobre el estado de las operaciones en el proyecto aurífero Ruby.

Cornerstone Capital Resources Inc.: Sale of Interest in Little Deer Joint Venture

Internacional (Marketwired, 17 de Septiembre de 2013) Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (OTCBB:CTNXF) today announces that, further to its news release dated July 30, 2013, it has agreed to sell its 50 percent interest in the Little Deer Joint Venture to Rambler Metals and Mining Canada Limited, a 100% owned subsidiary of Rambler Metals and Mining PLC (AIM:RMM; TSXV:RAB) ('Rambler'), for $200,000 cash and $350,000 of Rambler shares. The number of Rambler shares will be calculated on a 60 day volume weighted average price. The transaction is expected to close before November 14, 2013.

  • Cornerstone Capital Resources Inc.: Sale of Interest in Little Deer Joint Venture
  • Orex Appoints Willie McLucas as President and CEO of Orex Exploration
  • Enablence Technologies Inc. Announces Closing of Equity Transaction
  • High North Resources Ltd.: Corporate Update-Montney #1 Spud
  • Government of Peru Establishes Roundtable for Development Projects in the Hualgayoc District and Assumes the Costs of Environmental Remediation in the Chugur District of Cajarmarca
  • Mawson Announces Closing of Second Tranche of its $4.2 Million Non-Brokered Private Placement
  • Altai Updates on Unsolicited Offer
  • Comments are Closed