Torex Announces the Appointment of a New Chief Financial Officer
18 Março 2014 - 6:00PM
Marketwired
Torex Announces the Appointment of a New Chief Financial Officer
TORONTO, ONTARIO--(Marketwired - Mar 18, 2014) - Torex Gold
Resources Inc. (TSX:TXG)(TSX:TXG.WT) (the "Company" or "Torex")
announced today that Andrew Gottwald, CFO of the Company since its
inception four years ago, will be leaving Torex to pursue other
interests. The Company has appointed Jeff Swinoga as its new Chief
Financial Officer, effective April 7th, 2014.
Fred Stanford, President and CEO of Torex, stated: "On behalf of
the whole company and the Board, we thank Andrew for his dedication
and invaluable contribution in building Torex from a junior
explorer to an upcoming gold producer with solid financial systems
and a very strong finance team. We welcome Jeff to the team with
the conviction that his many years of expertise in the mining
industry will be an excellent foundation from which to lead the
finance team through the next stages of development and
production."
Mr. Swinoga is a senior executive with over twenty years of
experience in the mining and public finance industries. His
experience includes successfully leading finance teams through the
different stages of project financing, construction and into
production. He has served as Executive Vice President Finance &
CFO of Golden Star Resources Ltd, Vice President Finance & CFO
of North American Palladium, Vice President, Finance & CFO of
HudBay Minerals Inc., and was Director, Treasury Finance of Barrick
Gold Corporation for seven years. Mr. Swinoga is a Chartered
Professional Accountant and also holds a Master of Business
Administration degree from the University of Toronto and an Honours
Economics degree from the University of Western Ontario.
Torex is a growth-oriented, Canadian-based resource company
engaged in the exploration and development of precious metal
resources with a focus on gold. It owns 100% of the Morelos Gold
Property, which is located 180 kilometres southwest of Mexico City
in the highly prospective Morelos Gold Belt. Torex is currently
constructing its El Limon - Guajes Project and continues to explore
within its property to identify a pipeline of additional future
economic deposits. The property covers an area of 29,000ha of which
more than 75% remains unexplored.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" and
"forward-looking information" within the meaning of applicable
Canadian securities legislation. Forward-looking information
includes, but is not limited to, information with respect to the
use of proceeds of the Offering, and information with respect to
future exploration and development plans concerning the Morelos
Gold Property. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"plans", "expects", "estimates", "intends", "anticipates" or
"believes" or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would",
"might", or "will be taken", "occur", or "be achieved".
Forward-looking information is based on the reasonable assumptions,
estimates, analysis and opinions of management made at the date
that such statements are made. Forward-looking information is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance
or achievements of the Company to be materially different from
those expressed or implied by such forward-looking information,
including a need to reallocate the use of proceeds of the Offering
due to changes in the exploration and development plans for the El
Limón and Guajes project, or for other prudent business reasons,
and the risk factors disclosed elsewhere in the Company's public
disclosure. Accordingly, readers should not place undue reliance on
forward-looking information. The forward-looking information
contained herein is presented for the purposes of assisting
investors in understanding the Company's plans and objectives and
may not be appropriate for other purposes. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
Torex Gold Resources Inc.Fred StanfordPresident and CEO(647)
260-1502fred.stanford@torexgold.comTorex Gold Resources
Inc.Gabriela SanchezVice President Investor Relations(647)
260-1503gabriela.sanchez@torexgold.com
Torex Gold Resources (TSX:TXG)
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