Firegold Company Ltd.
Firegold Company Ltd.: FIREGOLD WELCOMES NEW CEO AND EXECUTIVE VP
Firegold Company Ltd. / Key word(s): Change of Personnel 10.12.2012 / 08:11 --------------------------------------------------------------------- Firegold Company Ltd Frankfurt/Berlin Symbol 'SA1F' Date: Dec. 10, 2012 FIREGOLD WELCOMES NEW CEO AND EXECUTIVE VP December 10, 2012 - Firegold Company Ltd. (SA1F; Frankfurt/Berlin) is pleased to announce to the general public and its shareholders that it has elected Mr. Stephen Mlot, P. Eng (Professional Engineer), to head up its management team as President and CEO and Mr. Edward I. Bettiol, P. Eng., as Executive Vice President of the firm. Stephen is a result oriented team leader with proven problem solving and decision making skills. He brings more than 30 years of experience at senior level corporate positions within the mining industry. In these positions, from mine planning and construction to project management and mine development, he directly influenced and oversaw the many disciplines required to bring a mine through to production. Mr. Mlot has held positions as a Director and President & CEO of Carlisle Goldfields Limited, as a Director and President of Patricia Mining Corp. and as President and General Manager of Canadian Mineforce Inc. Edward I. Bettiol, P. Eng., brings 40+ years of experience at senior levels of mining management. He has held positions in the planning, constructing, rehabilitating, operating and closure of many precious and base metals mining and extraction operations. Production facilities overseen ranged from 200 tons per day to over 4,000 tons per day. He has over 24 years experience as General Manager and/or Manager at various mining companies. He has also acted as an international consultant preparing sections of audit reports pertaining to the processing and mining of metals and the feasibility of mines. The Board happily welcomes Stephen and Edward to the company and sees them as very valuable additions to the team. About Firegold Company Firegold Company Ltd. is a corporation with a focus squarely targeted on the mining industry for the purpose of participating in the production of precious metals. The Company's Business Plan is to identify strategic opportunities in mining companies and/or projects that are at the advanced exploration stage and especially those on the brink of a production decision. The Plan also outlines the participation in the equity of these ventures through various legal models, such as; joint ventures; co-ventures; direct shareholdings; partnerships; secured lending relationships along with other possible financial commitments or arrangements. The Company's expertise lies in securing and providing the necessary working capital in conjunction with the business acumen and support in order to empower the targeted company and its management to achieve its operational goals. Firegold has a 49% working interest in the Tamarack, lode gold bearing, Property with a financial commitment to fund the property upgrading capabilities from 60 tpd (tons per day) up to 300 tpd . WARNING: The company relies upon litigation protection for 'forward-looking' statements. Information presented in this newsletter contain 'forward looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking statements.' Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as 'projects', 'foresee', 'expects'', 'will,' 'anticipates,' 'estimates,' 'believes,' 'understands' or that by statements indicating certain actions 'may,' 'could,' or 'might' occur. For further information contact: Investor Relations FIREGOLD COMPANY Ltd. Toronto Office 4936 Yonge St. Suite 727, Toronto, Ont. Canada M2N 6S3 Email: info@firegold.de Email: Info@firegold.net Internet: http://www.firegold.de Internet: http://www.firegold.net Symbol: SA1F ISIN: CA3181651074 WKN: A1JPHR Börsen: Open Market in Frankfurt; Open Market in Berlin No regulatory authority or similar body approved nor disapproved the information contained herein. End of Corporate News --------------------------------------------------------------------- 10.12.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 196404 10.12.2012
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