Lara Appoints Geoff Chater to the Board of Directors
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/25/12 -- Lara
Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) is
pleased to announce the appointment of Mr. Geoff Chater to the Board
of Directors of the Company.
Mr. Chater is the principal of Namron Advisors, a capital markets
consultancy he founded in 1997 that provides advice related to
corporate strategy, transaction related business development and
capital markets relationship development, financing and
communications. He has over 24 years of experience in the mineral and
mining industries operating in North America, South America and
Africa. He has spent the majority of his career as a liaison between
public companies and the financial industry, in particular with
analysts and institutional investors. He is also Executive Chairman
of Bearing Resources Ltd., a TSX listed exploration company, focused
on gold and copper in British Columbia, Canada and Durango, Mexico.
Recently he served as President of Valley High Ventures Ltd., until
the Company was sold to its joint venture partner. From 1999 to 2008,
he was Manager of Corporate Relations for First Quantum Minerals
Ltd., a TSX and LSE listed copper-gold mining company operating in
Africa. Prior to joining First Quantum he held positions with Nevada
Pacific Gold Ltd., Eldorado Gold Corporation, Ivanhoe Capital
Corporation, Fairbanks Gold Ltd. and Cornucopia Resources Ltd. He is
currently a Director of Bearing Resources Ltd., Kiska Metals Ltd. and
Reservoir Minerals Inc.
Pursuant to the Company's stock option plan, 100,000 incentive stock
options exercisable at $1.33 per share for a period of five years
have been granted to Mr. Chater.
Lara is an exploration company following the Prospect Generator
business model, which aims to minimize shareholder dilution and
financial risk by generating prospects and then exploring them in
joint ventures funded by partners. The Company currently holds a
diverse portfolio of prospects and deposits primarily in Brazil and
Peru where it has signed agreements for fifteen joint ventures and
three Strategic Alliances. Lara's common shares trade on the TSX
Venture Exchange under the symbol "LRA".
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Lara Exploration Ltd.
VP Corporate Development
+1 416 703 0010
Press spacebar to pause and continue. Press esc to stop.