SASKATOON, March 4, 2013 /CNW/ - Star Uranium Corp. (SUV
- TSX Venture) (the "Corporation") is very pleased to announce
today that Mr. Jim Engdahl has been
appointed as director of the Corporation, effective
immediately.
The Corporation also announces that Mr.
Marc Staniloff has resigned as
director of the Corporation effective March
4, 2013. Mr. Kyle Kozuska,
Chief Executive Officer of the Corporation, would like to thank Mr.
Staniloff for his past service to the Corporation.
In March of 2006, Mr. Engdahl became the President, CEO, and a
Director of Great Western Mineral Group ("GWMG").
During Mr. Engdahl's seven years as CEO of GWMG, the company
acquired key assets which positioned GWMG to become one of the
first fully integrated Rare Earth companies in the world and raised
over $150 million for GWMG's
growth. Jim resigned as President, CEO of GWMG in
September 2012, and as a director in
November 2012. Mr. Engdahl
remains a special consultant to the CEO and board of directors of
GWMG.
Mr. Engdahl sat on the board of Enterprise Saskatchewan mining
group committee. Enterprise Saskatchewan is an economic advisory group to
the government of Saskatchewan.
Appointed in 2008, Jim resigned in 2010 after the special committee
had finished its mandate.
Mr. Engdahl was appointed to the Board of Saskatchewan Trade
& Export Partnership ("STEP") in 2008 and held position of the
Chair of their Audit Committee. STEP is a government/industry
sponsored Non-Profit Organization developed to aid and assist all
exporters within Saskatchewan. Jim
resigned from the board in 2010 due to time commitments with
GWMG.
Prior to GWMG Jim was the managing partner of Cascadia
Development Corp., a corporate finance, M&A, and consulting
group that was acquired by a major Western Canadian Accounting firm
where Jim became the managing senior partner for their corporate
finance group for Saskatchewan,
then later became the managing partner for Alberta. During this time he was involved in
many transactions totaling in the hundreds of millions. Mr.
Engdahl worked in the Canadian banking system with Bank of
Montreal and as Vice President of
Barclays Bank of Canada. Mr.
Engdahl also previously held positions as director of Claude
Resources and President, CEO, and Director of Shore Gold and
presently sits on the board of Formation Metals Inc. of
Vancouver.
Kyle Kozuska, President of Star
Uranium said, "We are very pleased to add Mr. Engdahl to the board
of directors of Star Uranium. His extensive business and finance
experience along with his extensive global network will be a
valuable addition to Star Uranium Corp.
Star Uranium is a Canadian based entity focused on the strategic
acquisition and development of resource properties on a worldwide
basis.
For more information, please visit our website at
www.staruranium.com.
ON BEHALF OF THE BOARD
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.
SOURCE Star Uranium Corp.