Orvana Appoints Senior Executives as part of Growth Strategy.TORONTO -- The Board of Directors of Orvana Minerals Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :ORV ORV abbr. off-road vehicle )("Orvana" or the "Company") is pleased to announce that it has appointed Michael Hodgson as Vice President, Technical Services, Eduardo Rosselot as Vice President, Business Development and Special Projects and Malcolm King as Vice President and Controller, effective immediately. Mr. Hodgson has over two decades of international mining experience. A geologist by training, Mike has broad exposure to many facets of the operations side of the mining business. He most recently worked as a consultant to companies in the mining industry and prior to that spent over five years with TVX TVx Target Vertex TVX Transmission Valid Timer (FDDI) TVX Valid Transmission Gold Inc., most recently as Manager, Technical Services and Operations of TVX's base metal operation in Greece. Prior to that he worked nearly 15 years for companies such as ACA ACA - Application Control Architecture Howe International Ltd, South Crofty plc, Zambia Consolidated Copper Mines Zambia Consolidated Copper Mines Ltd is the principal operator of copper mines in Zambia. The government of Zambia owns over 85% of the company's stock. The stock is listed on the Lusaka Stock Exchange, the London Stock Exchange and on Euronext in Paris. Ltd. and RTZ RTZ Rio Tinto Zinc RTZ Return To Zero RTZ Return to Zork (game) RTZ Retail Trade Zone plc. Mike is a "Qualified Person" in accordance with National Instrument 43 -101, Standards of Disclosure for Mineral Projects. He is also a Chartered Engineer (C.Eng) and a Fellow of the Institute of Materials, Minerals and Mining The Institute of Materials, Minerals and Mining (IOM3) is a major UK engineering institution whose activities encompass the whole materials cycle, from exploration and extraction, through characterisation, processing, forming, finishing and application, to product recycling and (FIMMM FIMMM Fellow of the Institute of Materials, Minerals and Mining ) out of the UK. Mr. Rosselot has nearly two decades of international mining experience. A mining engineer by background, Eduardo worked in 2004 as Senior Mining Engineer for European Goldfields Ltd and prior to that spent nearly eight years with TVX Gold Inc., most recently as Technical Services Superintendent of TVX's base metal operation in Greece. Eduardo was a partner in NCL , one of Chile's largest mining engineering consulting companies, for nearly 10 years during which time he worked in South and Central America, Europe and Russia. He is a member of the Colegio de Ingenieros de Chile. Mr. King has over thirty years of financial experience gained through his work with major accounting firms and public and private corporations based in Canada and abroad. In addition to being a Chartered Accountant, he also earned a M.B.A and a Bachelor of Commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA). degree and is a past member of the Institute for Certified Management Consultants. His broad industry experience includes many years in the communication and software fields as well as a four your period when he worked as Controller of Kidd Creek Mines Ltd. T. Sean Harvey, President & 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. of Orvana said, "I am delighted to be working again with some of my former colleagues from TVX Gold Inc. and with Malcolm King. We now have in place the management team that I am confident will be able to grow our company and drive shareholder value. I look forward to working with each of them." Orvana also announced that it moved its head office effective July 1, 2005 from 113 - 1801 Lakeshore Road West, Mississauga, Ontario, L5J 1J6 to 335 Bay Street, Suite 810, Toronto, Ontario, M5H 2R3. The new general telephone number for Orvana will be (416) 369-1629. Orvana is pleased to announce that Joan Ciglic, former Financial Services Coordinator of TVX Gold Inc. has assumed the position of Manager Administration based in Toronto. About Orvana Orvana Minerals Corp. is a Canadian gold mining and exploration company based in Toronto, Ontario, involved in the evaluation, development and mining of precious metal deposits in the Americas. The Company owns the Don Mario gold mine in eastern Bolivia. Orvana's long-term goal is to become a low cost, multi-mine producer in the Americas. Orvana's shares have been listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. since 1992 under the trading symbol ORV. Forward-Looking Statements This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the precious metals market and economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances. Orvana Minerals Corp. (TSX:ORV) |
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