Tanzania Minerals Corp. announces new director and extends investor relations
VANCOUVER, Oct. 11, 2013 /CNW/ - Tanzania Minerals Corp. (the "Company"),
(TSXV: TZM) (FRANKFURT: TM0.F) is pleased to announce that Vice-President of
Business Development Mr Ryan Walchuck has been added to the Board of Directors
and Audit Committee. Mr Kal Matharu, President and CEO, will be stepping down
from the Audit Committee.
Mr Walchuck is a Chartered Accountant (CA) and Chartered Business Valuator
(CBV). Prior to joining Tanzania Minerals in May 2012 (Company news release
May 1(st), 2012), Mr Walchuck was part of BHP Billiton's Strategy and
Development team in their Diamonds & Specialty Products division. At BHP
Billiton he assisted with the development of a potash mineral rights
acquisition strategy, was part of the PotashCorp acquisition team, was the
Acting Head of Finance for the EKATI diamond mine for approximately 5 months
and assisted with the division's corporate strategy and planning for
presentation to the executive leadership. Before joining BHP Billiton, Mr
Walchuck was a Manager in Deloitte's Valuation practice where he specialized
in advising mid-tier to junior mining companies with accounting, corporate
finance, merger and valuation solutions. Prior to joining Deloitte, Mr
Walchuck was with PricewaterhouseCoopers where he obtained his CA designation.
President Kal Matharu comments, "Ryan's extensive knowledge of finance and the
mining business will definitely complement Tanzania's Board of Directors. We
are very excited to be adding Ryan to the Board and we look forward to
continuing to work with him to advance the Company and build shareholder
Additionally, and effective October 1(st), 2013, current investor relations
provider Trident Financial (Company news release March 1, 2013) has had its
contract extended for one year at a rate of $5500 per month, plus an incentive
stock option package which has not been set at this time.
Additional information on Tanzania Minerals Corp., including technical reports
and other public documents are available on SEDAR at www.sedar.com or on the
Company's website at www.tanzaniaco.com.
Tanzania Minerals Corp. is an emerging junior exploration company trading on
the TSX Venture Exchange. The company has an extensive portfolio of projects
On behalf of the Board of Directors of Tanzania Minerals Corp.
Kal Matharu, President & CEO
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.
Statements included in this announcement, including statements concerning our
plans, intentions and expectations, which are not historical in nature are
intended to be, and are hereby identified as, "forward looking statements".
Forward looking statements may be identified by words including "anticipates",
"believes", "intends", "estimates", "expects" and similar expressions. The
Company cautions readers that forward looking statements, including without
limitation those relating to the Company's future operations and business
prospects are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the forward
SOURCE Tanzania Minerals Corp
Tanzania Minerals Corp. Kal Matharu President and CEO Tel: (204) 942-3191 Fax:
(204) 944-0513 www.tanzaniaco.com
To view this news release in HTML formatting, please use the following URL:
CO: Tanzania Minerals Corp
ST: British Columbia
NI: MNG 2575 WNEWS
-0- Oct/11/2013 13:00 GMT
Press spacebar to pause and continue. Press esc to stop.