|June 18, 2012|
Troon Ventures Appoints President & CEO, to Lead Company's Acquisition Strategy
|Troon Ventures Ltd. (NEX:TVN.H) ("Troon" or the "Company") is pleased to announce the appointment of Ms. Andrea Zaradic, P. Eng., as President & CEO, effective June 16, 2012. |
Ms. Zaradic holds a Master's degree in mechanical engineering and is a registered Professional Engineer in the Provinces of British Columbia and Ontario. With more than 20 years of experience in both corporate and project development in the mining industry she has an extensive portfolio of successes throughout the Americas, Africa, Asia, and Europe ranging from pre-feasibility to operations. Most recently she held the position of VP Project Development for Keegan Resources Inc. responsible for all aspects of the pre-feasibility and feasibility studies on the Esaase Gold project located in Ghana, West Africa. Prior positions include Manager of Infrastructure Development for Canico Resource Corp. on the Onca Puma nickel laterite project in Brazil, Construction and Senior Process Operations Engineer for BHP Billiton in the successful development of the Ekati mine, the first diamond mine in Canada's arctic, VP of Operations and Development for Magma Energy Corp. In addition as one of the company founders, she assisted in the successful IPO and acquisition of HS Orka, the largest privately held geothermal company in Iceland. Ms. Zaradic led the Magma based team through both the financial and technical due diligence of Plutonic Power, resulting in the formation of Alterra Power Corp.
"We are pleased to have someone of Andrea's caliber join Troon," said C. K. Benner, Troon's Interim President and CEO. "As a highly regarded mining specialist with extensive international resource-based experience, Andrea possesses extensive knowledge and experience for the assessing, acquiring and developing of mining projects globally. This, along with her key industry relationships and the guidance of Troon's experienced board of directors, will further assist Troon in achieving its goal of pursuing and acquiring high-quality mineral assets."
About Troon Ventures Ltd.
Troon is a well-funded exploration and development company in pursuit of establishing growth through an 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,
Interim President and 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 NEX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the NEX 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. 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.