Daulton Capital Appoints Mr. Tom Verdon to Board of Directors
NEW YORK, Oct. 17, 2012
NEW YORK, Oct. 17, 2012 /PRNewswire/ --Daulton Capital Corp. (OTCBB: DUCP), a
gold and precious metals exploration company, announced the appointment of Mr.
Tom Verdon to the company Board of Directors.
Mr Verdon Strong Institutional Background
From 2004 to 2010, Mr. Verdon was head of Bespoke Investment Solutions for
Dexia Private Bank, where he established and managed family office
relationships with Middle East families, high net worth individuals and Royal
In 2010, Mr. Verdon was the Director of Deutsche Private Wealth Management,
Africa, where he held relationship management of UHNW individuals in Africa,
with key responsibility for Kenya, Uganda, Tanzania, Nigeria and Ghana. He
provided advisory oversight with regards to Uganda Safari Company for sale of
their lodges to TPS Serena of Kenya, advisory mandates with Athi River mining
for sale of their fertilizer division, and with Kingdom of Lesotho for
provision of a $150M Sovereign Bond portfolio in conjunction with RAMP program
of World Bank.
Mr. Verdon aged 48 and based in Perth, Australia holds degrees such as LLB
Honours Law from University of Wales, IMC (Investment Management Certificate)
Benchmark UK Fund Managers Qualification, and advanced diploma in Financial
Brian Smith, the CEO of Daulton Capital Corp. commented, "We are pleased to
announce the appointment of Mr. Thomas Verdon to the Board of Directors of
Daulton Capital. Mr. Verdon's strong financial background, and experience in
institutional and high profiled client relationships will be instrumental in
assisting the company on its ARX Springs, and additional gold production
projects around the globe, and provide us an experienced member in
international and institutional relations for the capital markets."
ARX Spring Gold Project
The ARX Springs Gold property is located at Coonambula near Eidsvold in
Queensland, Australia, and has significant gold resources and is estimated to
generate a potential cash flow of $22 billion over the planned 20 plus year
life of the mine based on current gold prices. Queensland, Australia is well
known to be a prolific gold producing State, hosting several major gold
producing companies including BHP, Glencore Xstrata, Rio Tinto, Barrick Gold
and Anglo American have all been active in Queensland and the area where the
ARX Springs gold project is located has an extensive history of gold finds
going back to early 1888 in the nearby St Johns Creek gold fields.
About Daulton Capital Corp
DAULTON CAPITAL CORP. (OTCBB: DUCP) is a natural resource company focused on
precious metals. The New Management's corporate philosophy is to be a Share
Holder Value creator, with the objective of exploring, acquiring and operating
Gold projects in Australia and other countries to generate real value
beginning with ARX Springs Gold Project in Queensland, Australia.
Daulton Capital has formed an experienced management team with the ability to
take advantage of the tremendous opportunities that are available in the
natural resource sector today. Our focus will be to explore, acquire and
develop gold resource projects, and continue to invest in expansion of
exploration activities and seek opportunistic special situations that can add
to our portfolio of assets within the resource sector. www.daultoncapital.com
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements are based on the
current plans and expectations of management and are subject to a number of
uncertainties and risks that could significantly affect the company's current
plans and expectations, as well as future results of operations and financial
condition. A more extensive listing of risks and factors that may affect the
company's business prospects and cause actual results to differ materially
from those described in the forward-looking statements can be found in the
reports and other documents filed by the company with the Securities and
Exchange Commission. The company undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
For more information, please contact
Daulton Capital Corp
Phone: (917) 937-8968
SOURCE Daulton Capital Corp.
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