Valencia Appoints Doug Bache as President and Chief Executive Officer.TORONTO -- Valencia Ventures Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:VVI VVI Vertical Velocity Indicator VVI Velocity Vector Imaging (trademark of Siemens AG) VVI Vermont Volunteer Infantry (Civil War) VVI VVimaging, Inc. ) is pleased to announce Mr. Douglas H. Bache was appointed President and Chief Executive Officer of the company and will assume his duties immediately. Mr. Bache replaces Doug Currie who had been in the role since 2004. Mr. Currie will actively remain with the company as a Director and Executive Vice President, Exploration and Development. Doug Currie will be responsible for the company's global exploration and project development programs. The Board made this executive change to facilitate the company's next stage of development as a global precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. exploration company with particular focus on silver exploration in the Americas. Mr. Bache is well qualified to assume his new responsibilities and brings a wealth of experience to the role. He is President of DHBache & Company Inc., a corporate development and strategy consulting firm serving the mining industry. Mr. Bache, through his company, provides corporate finance and strategic advice to a number of private and publicly traded companies. Over the past six years, Mr. Bache held various senior management positions in corporate development and finance with Inco Limited and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Palladium Ltd. Prior to that, he spent 10 years in corporate finance with CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. and SG Canada providing financing and M&A advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to global mining companies. Mr. Bache holds a BMath/Business degree from University of Waterloo The University of Waterloo (also referred to as UW, UWaterloo, or Waterloo) is a medium-sized research-intensive public university in the city of Waterloo, Ontario, Canada. The school was founded in 1957. , Waterloo, Ontario. He is also a business development and strategic advisor to the Faculty of Mathematics, University of Waterloo. "The Board takes great pleasure in Doug's appointment and we look forward to his valuable contribution," said Stan Bharti, Chairman. "He will bring a strong capability to the management team and we have great confidence in his ability to lead the company at what is a very exciting time for gold and silver companies." The Board expresses its gratitude to Doug Currie for his contribution and dedication to the company over the past three years and wish him continued success in his new capacity. For additional information, e-mail info@valenciaventures.com. Valencia is a Canadian resource company traded under the symbol VVI on 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. . Valencia is focused on the exploration and development of precious metal properties and the company is currently reviewing the feasibility of the Mt. Bundy gold project in the Northern Territory, Australia. Valencia's development strategy has been refocused on its silver exploration properties and the company has a number of potential acquisitions under consideration. Valencia Ventures Inc. (TSX VENTURE:VVI) |
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