BOLIVAR GOLDFIELDS ANNOUNCES CHANGES IN DIRECTORS AND OFFICERS.VANCOUVER, British Columbia--(BUSINESS WIRE)--JUNE 15, 1995-- BOLIVAR GOLDFIELDS n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , VSE See DOS/VSE. VSE - Virtual Storage Extended :BVG BVG Bundesverfassungsgericht (highest German court) BVG Bureau du Vérificateur Général du Canada (auditor general) BVG Best Value Guarantee BVG Berliner Verkehrs Gesellschaft BVG Borrowdale Volcanic Group ) The Company announces that Ian Gray has resigned as a director and President of the Company due to personal reasons. Mr. Gray has been retained as a consultant to the Company for a period of one year. The Company also wishes to announce the resignations of John Paterson as a director and Lisa Chapman as Corporate Secretary of the Company. However, Ms. Chapman will continue to be employed with the Company as Vice President of Corporate Affairs. The Company is pleased to announce the following appointments: Miguel Angel de la Campa - President Mauro E. Coppola - Senior Vice President, Director R. Stuart Angus - Corporate Secretary Mr. de la Campa, B.S.F.S. International Economics, M.A. Political Economics and a director of Bolivar Goldfields Ltd. has been involved with international business for over 15 years, with an emphasis in the oil industry. Mr. de la Campa was the managing director of Energy Sources Corp. and was involved in the formation of Venezuelan Goldfields Ltd. After departing Venezuelan Goldfields Ltd., he founded and became President of Bolivar Goldfields A.V.V. Mr. Coppola has over 20 years gold exploration and mining experience and has served as Chief Geologist and Vice President of TVX TVx Target Vertex TVX Transmission Valid Timer (FDDI) TVX Valid Transmission Gold Inc. in Brazil, South America. Most recently, Mr. Coppola held the office of President of Jordex Resources and was responsible for Jordex Resources' gold initiatives. Mr. Angus is a senior partner with Smith, Lyons, Torrance, Stevenson and Mayer, Barristers and Solicitors. Also announced is a grant, subject to required regulatory approval, of 605,000 share purchase options to certain directors and officers of the Company exercisable at a price of CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $2.01 per share for a period of five years and 15,000 share purchase options to certain employees of the Company exercisable at a price of CDN $2.01 per share for a period of three years. ON BEHALF OF THE BOARD OF DIRECTORS LISA CHAPMAN Vice President, Corporate Affairs -0- The Toronto and Vancouver Stock Exchanges have not reviewed and do not accept responsibility for the adequacy or accuracy of this news release. CONTACT: Lisa Chapman Vice President, Corporate Affairs (604) 688-8525 |
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