Full Metal Zinc Appoints Mr. Al Paterson to Board of Directors and Grants Stock Options
19 Julho 2011 - 1:35PM
Marketwired
Full Metal Zinc Ltd. ("FZ") (TSX VENTURE: FZ) is pleased to
announce the appointment of Mr. Al Paterson to its board of
directors.
Mr. Paterson is a founding partner of Ocean Partners, where,
since 2004, the Ocean Partners' team has applied technical,
commercial, financial, and political insight to deliver successful
base metal concentrate trading services to miners, smelters, and
refiners. After spending time in operations with Lafarge
Corporation, Mr. Paterson joined the Noranda sales team in 1987
where he coordinated zinc and lead concentrate purchases and sales
for the Noranda group. He left for Pechiney World Trade in 1993 as
senior zinc/lead trader, a role he maintains at Ocean Partners. Mr.
Paterson holds a B.Sc. (Hons) in Mining Engineering from Queen's
University.
The Company expects to draw greatly upon the experience of Mr.
Paterson as it expands its portfolio of zinc projects and continues
to advance its flagship 40 Mile project in Alaska.
The Company also announces that is has granted an aggregate of
1,985,000 incentive stock options (the "Options") to officers,
directors, consultants and employees of the Company, exercisable at
$0.265 per share. The Options are exercisable for a period of ten
years from the date of grant with a vesting period of one quarter
vesting every three months over the period of one year. The Options
are subject to the policies of the TSX Venture Exchange.
FZ is a generative junior exploration company focused on zinc
discoveries in Alaska. To date, in excess of US$10 million has been
spent at the 40 Mile (Zn-Pb-Cu-Ag) project involving geological
mapping, soil geochemistry, geophysical surveys and diamond core
drilling.
ON BEHALF OF THE BOARD OF DIRECTORS OF FULL METAL ZINC LTD.
Robert McLeod, President, Chief Executive Officer and
Director
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 release.
Contacts: Full Metal Zinc Ltd. Robert McLeod President, Chief
Executive Officer and Director 604-484-7855 604-484-7155 (FAX)
(TSXV:FZ)
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