Aegean Metals Group Announces the Appointment of a New Director
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/29/12 -- Aegean
Metals Group Inc. (TSX VENTURE:AGN) ("Aegean" or the "Company") is
pleased to announce the appointment of Eric Roth to its Board of
Directors, effective today.
"We are extremely excited to have Eric join Aegean's Board of
Directors," commented Cesar Lopez, Chairman of the Company. "Eric's
breadth of experience as a geologist and extensive knowledge of the
capital markets will add tremendous value to the Company as we begin
the exploration programs at our Ergama, Kizildam, and Hot prospects."
Mr. Roth has over 25 years of global mineral exploration experience,
particularly with gold-copper-silver deposits. Based out of Santiago,
Chile, Mr. Roth is currently a consultant in exploration, business
development and corporate activities. He is the former President and
CEO of Extorre Gold Mines Ltd., and served in that position before
its acquisition by Yamana Gold in August 2012. From January 2002 to
March 2008, Mr. Roth worked for AngloGold Ashanti Limited where he
advanced from the Projects Manager position to the Global Head of
Exploration - Greenfields. During his tenure at AngloGold Ashanti
Limited, Mr. Roth was responsible for bringing three significant
discoveries-Tropicana in Western Australia and La Colosa and
Gramalote in Colombia-into inferred resource status. Before joining
AngloGold Ashanti, he worked for many exploration companies as a
geologist, including Aur Resources Inc., Magma Copper/BHP Minerals
Inc., Coeur d'Alene Mines, Rio Tinto Mining and exploration, CRA
Exploration, Gold Fields, and Boddington. He is also currently a
non-executive director of OroSur Mining and Mariana Resources. Mr.
Roth holds a Ph.D in Economic Geology and a Bachelor of Science with
Honours in Geology from the University of Western Australia.
About Aegean Metals Group Inc.
Aegean Metals Group Inc. (TSX VENTURE:AGN) is a junior exploration
company based in Canada with a primary focus in the acquisition,
exploration and development of gold and copper properties. The
Company currently holds major interests with Teck in two
epithermal/mesothermal gold prospects in western Turkey, Ergama and
Kizildam, as well as its 100%-owned Hot VMS gold and base metal
prospect in northeast Turkey. For more details on the Company, please
This news release includes certain "forward-looking statements"
within the meaning of that phrase under Canadian securities laws.
Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of
the Company are forward looking statements that involve various
degrees of risk. Forward-looking statements reflect management's
current views with respect to possible future events and conditions
and, by their nature, are based on management's beliefs and
assumptions and subject to known and unknown risks and uncertainties,
both general and specific to the Company. Although the Company
believes the expectations expressed in such forward-looking
statements are reasonable, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in our forward-looking statements. The
following are important factors that could cause the Company's actual
results to differ materially from those expressed or implied by such
forward looking statements: changes in the world wide price of
commodities, general market conditions, risks inherent in
exploration, risks associated with development, construction and
mining operations, the uncertainty of future profitability and the
uncertainty of access to additional capital. Additional information
regarding the material factors and assumptions that were applied in
making these forward looking statements as well as the various risks
and uncertainties we face are described in greater detail in the
"Risk Factors" section of our annual and interim Management's
Discussion and Analysis of our financial results and other continuous
disclosure documents and financial statements we file with the
Canadian securities regulatory authorities which are available at
www.sedar.com. The Company undertakes no obligation to update this
forward-looking information except as required by applicable law. The
Company relies on litigation protection for forward-looking
Neither 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 release.
Aegean Metals Group Inc.
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