Aldridge Announces Appointment of New President and CEO

 www.aldridgeminerals.ca Twitter: @AldridgeAGM TSX-V: AGM  TORONTO, March 25, 2014 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM)  ("Aldridge" or the "Company") is pleased to announce the appointment of Han  Ilhan as President and Chief Executive Officer, effective as of April 7, 2014.  Mr. Ilhan is a highly regarded mining executive with capabilities spanning the  entire mine life cycle from scoping, exploration, feasibility, licensing &  permitting, design, construction, supply chain, commissioning, financial  management, management of operations, maintenance, and reclamation. Mr. Ilhan  joins Aldridge from an international mining company with operations in Turkey  where he served as Vice President of Projects and Country Manager of Turkey  Operations.  Mr. Ilhan is a professional engineer and earned his Bachelor of Civil  Engineering from Boğaziçi University in Istanbul, Turkey and Master of  Geotechnical Engineering at Oregon State University. Prior to his most recent  position, Han spent 26 years in progressive engineering, management, and  leadership roles at URS Corporation ("URS"), a leading provider of  engineering, construction, and technical services for public agencies and  private sector companies around the world. Mr. Ilhan was most recently the  Vice President and Director of Global Mining Business at URS, where he  provided engineering and environmental services to the mining industry in over  20 countries. His experience includes project identification, evaluation,  planning, and development, with a strong emphasis on environmental risk  minimization and sustainable development. His specific technical expertise in  the mining industry includes engineering, environmental, social risk  management, and technical planning in the design and construction of heap  leach facilities, water supply and diversion systems, pollution prevention  measures, waste storage facilities, and mine closure and reclamation projects.  "The Board was committed to finding an executive that not only brought  extensive industry experience with a history of building and operating mines,  but also had particular expertise with mine development in Turkey. After  conducting an exhaustive search process, the Special Committee of the Board  concluded that Han brings a unique skill set to the Company and is ideally  suited to lead Aldridge through its critical next phases of development," said  Barry Hildred, Chairman of Aldridge.  "I am honoured to have the opportunity to lead Aldridge, a company I have  known and admired for many years," said Mr. Ilhan. "This is an exciting time  for the Company and I look foreword to working with the management team and  Board to unlock the significant value of the Yenipazar Project."  Mr. Ilhan, who is fluent in both Turkish and English, will be based in Ankara,  Turkey.  Grant of Options Upon his appointment, the Company will grant a total of 1,000,000 stock  options to Mr. Ilhan. The exercise price of the options will be determined  following the announcement of the Company's Yenipazar Optimization Study,  which is expected by mid-April. One quarter of the options will vest on the  grant date, one quarter on the first anniversary, one quarter on the second  anniversary and the balance on the third anniversary.  They expire in 5 years.  This grant of options is subject to acceptance by the TSX Venture Exchange.  About Aldridge  Aldridge is a development stage mining company focused on its wholly owned  Yenipazar polymetallic VMS Project (Au, Ag, Cu, Pb, Zn) in Turkey, a country  that is committed to developing its natural resources. Aldridge completed the  Yenipazar feasibility study and filed the related NI 43-101 compliant  technical report in May 2013 and is currently advancing the Project on key  aspects including optimizing the feasibility study and project financing.  Caution Regarding Forward-Looking Information This news release includes certain forward-looking statements within the  meaning of Canadian securities laws. Forward-looking statements involve risks,  uncertainties and other factors that could cause actual results, performance,  prospects and opportunities to differ materially from those expressed in such  forward-looking statements. Forward-looking statements in this news release,  include, but are not limited to, economic performance and future plans and  objectives of Aldridge. Any number of important factors could cause actual  results to differ materially from these forward-looking statements as well as  future results. Although Aldridge believes that the assumptions and factors  used in making the forward-looking statements are reasonable, undue reliance  should not be placed on these statements, which only apply as of the date of  this news release, and no assurance can be given that such events will occur  in the disclosed time frames or at all. Aldridge disclaims any intention or  obligation to update or revise any forward-looking statement, whether as a  result of new information, future events or otherwise.  Neither the 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 news release.    SOURCE  Aldridge Minerals Inc.  Barry Hildred Chairman of the Board (416) 523-3742   David Carew Director of Corporate Development & Corporate Secretary (416)  477-6984  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/March2014/25/c6947.html  CO: Aldridge Minerals Inc. ST: Ontario NI: MNG 2575 WNEWS  
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