Consolidated Magna Ventures Appoints New President and C.E.O.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , B.C.--(BUSINESS WIRE)--Nov. 6, 1995--Consolidated Magna Ventures Ltd. (CMV CMV cytomegalovirus. CMV abbr. 1. controlled mechanical ventilation 2. cytomegalovirus Cytomegalovirus (CMV) .VSE See DOS/VSE. VSE - Virtual Storage Extended ) is pleased to announce the appointment of Bradley T. Aelicks as the new President and Chief Executive Officer of Magna. Mr. Aelicks has been a Director of Magna since 1988 and recently has been primarily responsible for Magna's strategic property acquisition and development program in the Voisey Bay area of Labrador. Stated Bradford Cooke, retiring President of Magna, "The appointment of my long time associate, Bradley Aelicks, as President and C.E.O. reflects Brad's increased involvement and desire to build Magna into a successful base metal exploration and mining company". While Mr. Cooke remains a major shareholder and active Director of Magna, his primary focus remains as President and C.E.O. of Canarc Resource Corp. Canarc holds approximately 6 percent of Magna's 13 million common shares outstanding. Consolidated Magna Ventures Ltd. is a growth-oriented mineral exploration company listed on the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). (Symbol - CMV.VSE). The Company current Labrador portfolio comprises 1655 claims in 17 properties in the Voisey Bay/Staghorn Lake areas and 1,246 claims in 6 properties in the Goose Bay area. ON BEHALF OF THE BOARD OF DIRECTORS CONSOLIDATED MAGNA VENTURES LTD. Bradford J. Cooke Director THE VANCOUVER STOCK EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE WHICH WAS PREPARED SOLELY AT THE DISCRETION OF MANAGEMENT. CONTACT: Clayten Vance Investor Relations Investor relations The process by which the corporation communicates with its investors. 604/685-9700 INDUSTRY KEYWORD: MINING MANAGEMENT CHANGES REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-236-4266 or 80 |
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