BEDFORD, NS -- Zonte Metals Inc or the "Company" is pleased to announce the appointment of Mr. Brian MacEachen to the role of Vice President of Finance.Mr. MacEachen is a chartered accountant and consultant with over 25 years of experience with publicly-listed companies. Mr. MacEachen's experience in the mining industry has included executive and director positions with both producers and junior explorers, including Franco-Nevada, Aur Resources, Brigus Gold (formerly Linear Gold), Avalon Rare Metals and Linear Metals (now Stockport Exploration). Mr. MacEachen will provide ongoing financial and strategic management consulting to the Company.
The Company also announces it has, pursuant to the company's rolling stock option plan, granted incentive stock options to its directors, officers, employees and consultants to purchase an aggregate of up to 610,000 common shares. The stock options have a five year term, subject to an 18-month vesting period and have an exercise price of $0.10 per share.
"We are very pleased to have Brian MacEachen join Zonte's Management Team," said Terry Christopher, President and CEO. "Brian's professional and industry knowledge will play an integral role in Zonte's growth going forward."
Zonte Metals Inc. is a junior explorer focused on gold and copper. The Corporation is actively reviewing and completing field due diligence on projects in South America.
This news release contains forward-looking statements which include statements regarding the Corporation's future plans, as well as statements regarding financial and business prospects and the Corporation's future plans, objectives or economic performance and financial outlooks. The Corporation believes that the expectations reflected in this news release are reasonable but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements.
In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof, and unless otherwise required by applicable securities laws, the Corporation does not intend nor does it undertake any obligation to update or revise any forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
SOURCE: ZONTE METALS INC.
CEO and President
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