Panthera Exploration Inc. Announces Management Changes
Panthera Exploration Inc. ("Panthera" or the "Company") (PNX-TSX.V; PNXLF-OTC; OAY1-Frankfurt) announced that the Board of Directors appointed Dr. Gerald Carlson, a Director of the Company, to the role of Interim President and Chief Executive Officer. This appointment follows Bruce Winfield's resignation as President, Chief Executive Officer and a Director of the Company. The Board plans to initiate a search for a new director and President and CEO, which will include both external and internal candidates. The Company thanks Mr. Winfield for his past contributions to the Company as President and CEO and Director and wishes him well with his future endeavours.
The Board of Directors now comprises Gerald Carlson, David Terry, Robert Coltura and David Horton.
Panthera Exploration is a Vancouver-based exploration company listed on the TSX Venture Exchange under the symbol PNX. Management is currently evaluating acquisitions to build its property portfolio with a focus on Latin America due to its excellent potential and to capitalize on Management's knowledge and contacts, gained from over twenty years experience working in that region.
ON BEHALF OF THE BOARD
"Gerald Carlson"
Gerald Carlson, Interim President & CEO
For further information please contact, Gerald Carlson at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
The Board of Directors now comprises Gerald Carlson, David Terry, Robert Coltura and David Horton.
Panthera Exploration is a Vancouver-based exploration company listed on the TSX Venture Exchange under the symbol PNX. Management is currently evaluating acquisitions to build its property portfolio with a focus on Latin America due to its excellent potential and to capitalize on Management's knowledge and contacts, gained from over twenty years experience working in that region.
ON BEHALF OF THE BOARD
"Gerald Carlson"
Gerald Carlson, Interim President & CEO
For further information please contact, Gerald Carlson at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Results Of Annual General Meeting Of Panthera Exploration Inc.
The Board of Panthera agreed to withdraw two motions previously approved for submission at the AGM. At the Meeting, the Chairman advised the Shareholders that the proposed special resolutions set out at items 6 and 7 as stated in the Notice to Shareholders dated May 26, 2010, with respect to the amendments to the Articles of the Company, were withdrawn and not proposed.
At the Meeting, Shareholders also approved the number of directors, ratified the Company's stock option plan and appointed Mackay LLP, Chartered Accountants as auditor of the Company.
Subsequent to the Meeting, a Board of Directors meeting was held at which all officers were re-appointed. Appointed to the Audit Committee were David Horton, Gerry Carlson and Robert Coltura.
Panthera Exploration is a Vancouver-based exploration company listed on the TSX Venture Exchange under the symbol PNX. Management is currently evaluating acquisitions to build its property portfolio with a focus on Latin America due to its excellent potential and to capitalize on Management's knowledge and contacts, gained from over twenty years experience working in that region. Panthera is a member of the Grosso Group, a resource management group with over 15 years experience exploring South America.
ON BEHALF OF THE BOARD
"David Terry"
David Terry, Director
For further information please contact, Bruce Winfield at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
2010
Panthera Appoints Chief Financial Officer And Corporate Secretary
Mr. Moubarak is a Chartered Accountant with expertise in corporate finance, corporate reporting, financial processes, financing and risk management. Prior to joining Panthera, Mr. Moubarak was Chief Financial Officer of Petaquilla Minerals Ltd. where he was instrumental in raising in excess of $120 Million to develop and bring into production the Molejon Gold Mine. He also assisted in the sale of Petaquilla Copper Ltd to Inmet Mining Corporation. Mr. Moubarak also previously held the position of Senior Manager with the public accounting firm of Deloitte & Touche LLP., where he led audits of public companies and oversaw SOX 404 implementations with specific emphasis on the mining industry. Mr. Moubarak has a B.A. in Economics from Simon Fraser University.
The Company is delighted that Mr. Moubarak with his expertise in the mining industry and background in finance has joined the Panthera team and also wishes to thank Mr. Clark for his service as Acting Chief Financial Officer in the interim.
Panthera Exploration is a Vancouver-based exploration company listed on the TSX Venture Exchange under the symbol PNX. Management is currently evaluating acquisitions to build its property portfolio with a focus on Latin America due to its excellent potential and to capitalize on Management's knowledge and contacts, gained from over twenty years experience working in that region. Panthera is a member of the Grosso Group, a resource management group with over 15 years experience exploring South America.
ON BEHALF OF THE BOARD
"Bruce Winfield"
Bruce Winfield, President & CEO
For further information please contact, Bruce Winfield at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
2010
Panthera Grants Stock Options
In other news, based on results of its due diligence work, Panthera has decided not to proceed with an option to purchase agreement for the Laguna Caro lithium property, as outlined in the letter of intent, previously announced on December 23, 2009.
ON BEHALF OF THE BOARD
"Bruce Winfield"
Bruce Winfield, President & CEO
For further information please contact, Bruce Winfield at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
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 or the accuracy of this release.
2010
Panthera Announces New Board Appointment
Mr. Horton's experience includes 19 years with Canaccord Capital Corp., where he held the position of Senior Vice President Corporate Finance. His position on the Board adds a broader third party financial dimension to Panthera through the many areas of his professional involvement in structuring, advising and financing numerous public companies.
Concurrent with this appointment, the Company has accepted Mr. Jerry Minni's resignation from the Board. The company wishes to thank Mr Minni for his valuable input to Panthera's development.
ON BEHALF OF THE BOARD
"Bruce Winfield"
Bruce Winfield, President & CEO
For further information please contact, Bruce Winfield at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
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 or the accuracy of this release.
2010