Oracle Mining Announces New Addition to Management Team
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/20/13 -- Oracle
Mining Corp. ("Oracle Mining" or the "Corporation")
(TSX:OMN)(OTCQX:OMCCF)(FRANKFURT:OMC) is pleased to announce that the
Board of Directors has appointed Mr. Rod Campbell to the role of
President of the Corporation.
As President, Mr. Campbell serves as Oracle Mining's leader of
corporate strategy; evaluating and assessing strategic opportunities
as well as planning, directing, and coordinating capital market
activities. Prior to joining Oracle Mining, Mr. Campbell led the
investment banking team and held the position of President and CEO at
Clarus Securities Inc. ("Clarus"), one of Canada's leading
independent investment banks. Clarus is an entrepreneurial investment
banking boutique with a global focus on mining, oil & gas and special
situations. During his tenure at Clarus the team participated in
transactions with a value in excess of $10 billion.
"With the engagement of Mr. Rod Campbell as President of Oracle
Mining, the Corporation has an outstanding leader to direct its
growth and financial strategies," said Mr. Alan Edwards, Oracle
Mining's CEO. "When coupled with the operational strength of Oracle
Mining's existing management group, we believe our team is one of the
most impressive in its class."
Mr. Campbell is an exceptionally effective financial professional
with significant private and public company experience, including
serving as the Chief Financial Officer for two TSX-listed companies.
He spent nearly a decade in commercial banking with CIBC, one of
Canada's Top 5 banks, and obtained a Bachelor of Commerce and B.A.
from the University of Alberta and an MBA from the University of
About Oracle Mining Corp.
Oracle Mining Corp. (TSX:OMN)(OTCQX:OMCCF)(FRANKFURT:OMC) is a
Vancouver, Canada-based corporation that is the sole owner and
operator of Oracle Ridge Mining LLC and the Oracle Ridge Copper Mine
located 24 km northeast of Tucson, Arizona. Oracle Mining is managed
by an experienced team of mining professionals with extensive
operating and financial experience.
Forward-looking Statement Disclaimer
This document may contain "forward-looking statements" within the
meaning of Cana
dian securities legislation. These forward-looking
statements are made as of the date of this document and Oracle Mining
does not intend, and does not assume any obligation, to update these
forward-looking statements. Forward-looking statements relate to
future events or future performance and reflect management of the
Corporation's expectations or beliefs regarding future events and
include, but are not limited to, statements with respect to the
Corporation's liquidity and balance sheet and future sales of metals
or minerals from Oracle Ridge. In certain cases, forward-looking
statements can be identified by the use of words such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or statements that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved" or the
negative of these terms or comparable terminology. By their very
nature forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Corporation to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Such factors
include, among others, actual results of current exploration
activities; changes in project parameters as plans continue to be
refined; future prices of resources; accidents, labour disputes and
other risks of the mining industry; delays in obtaining governmental
approvals or financing or in the completion of development or
construction activities; as well as those factors detailed from time
to time in the Corporation's interim and annual financial statements
and management's discussion and analysis of those statements, all of
which are filed and available for review on SEDAR at www.sedar.com.
Although the Corporation has attempted to identify important factors
that could cause actual actions, events or results to differ
materially from those described in forward-looking statements, there
may be other factors that cause actions, events or results not to be
as anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements.
Oracle Mining Corp.
Mr. Alex Langer
VP Capital Markets
604-689-9293 or Toll-free: +1-855-689-9282
Oracle Mining Corp.
Mr. Jason Mercier
Senior VP Corporate Secretary
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