|November 22, 2011|
Troon Directors Re-Elected to Board - Directors Appoint CFO
|Troon Ventures Ltd. (TSXV:TVN) (the "Company" or "Troon") today announced that shareholders have approved the re-election of incumbent directors Colin K. Benner, Stephen P. Quin, John Robins and Zara Boldt at the annual general meeting of shareholders held on October 20, 2011. The Board of Troon is currently comprised of Colin K. Benner, Michael Kenyon, D. Bruce McLeod, Catherine McLeod-Seltzer, Jonathan Rubenstein, Stephen P. Quin, John Robins and Zara Boldt. |
The Company also announced that the Board of Directors has appointed Mr. Steve Krause C.A. to assume the duties of Chief Financial Officer, effective October 20, 2011.
Mr. Krause is President of Avisar Chartered Accountants. He received his Chartered Accountant designation in 1997, and holds a Certified Public Accountant designation in the state of Illinois in the U.S.A. Mr. Krause has worked extensively with mineral exploration and development stage companies on the TSX Venture Exchange and currently serves as a director on the Board of Luna Gold Corp. Mr. Krause holds a Bachelor of Business Administration degree from Trinity Western University.
About Troon Ventures Ltd.
Troon is a well funded exploration and development company in pursuit of establishing growth through an aggressive acquisition business model. The Company is managed by an experienced group of directors with a proven track record of creating shareholder value by successfully completing numerous mergers and acquisitions and bringing several projects to production. Troon is currently focused on acquiring mineral properties with established resources and exploration upside that will create significant shareholder value.
ON BEHALF OF THE BOARD,
TROON VENTURES LTD.
"Colin K. Benner"
Colin K. Benner,
President & CEO
FOR MORE INFORMATION CONTACT Colin Benner, Bruce McLeod or Chris Curran at 1-604-687-7545 or
Toll Free 1-888-338-2200
Website: www.northair.com/troon/ Email: firstname.lastname@example.org ________________________________________________________________________________
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.
This document may contain "forward-looking statements" within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this document and Troon does not intend, and does not assume any obligation, to update these forward-looking statements.
Forward-looking statements relate to future events or future performance and reflect Troon management's expectations or beliefs regarding future events and include, but are not limited to, statements with respect completion of the private placement and related matters. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Troon to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in Troon's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although Troon has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward looking statements.