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Coniagas Resources Ltd.: News Release.


TORONTO -- Coniagas Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:CNY CNY

In currencies, this is the abbreviation for the China Renminbi.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
) (the "Company") announces that Mr. Robert Schafer has tendered his resignation as President and Chief Executive Officer of the Company effective immediately. The Board of Directors takes this opportunity to thank Mr. Schafer for his service to the Company as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and to wish him well in the pursuit of his other interests. The Board of Directors will be considering recruitment of a replacement in the near future and in the interim, Mr. Warren Armstrong, the Chairman of the Company, will perform the duties of Chief Executive Officer.

The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 has not reviewed and does not accept responsibility or adequacy of this release.

Coniagas Resources Ltd. (TSX VENTURE:CNY)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 4, 2005
Words:120
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