🕐24.02.10 - 10:29 Uhr
Avanti Mining Appoints Investor Relations Manager
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Re: News Releases - Monday, February 22, 2010
Avanti Mining Appoints Investor Relations Manager
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Vancouver, British Columbia: Avanti Mining Inc.
("Avanti") (TSX-V:
AVT) announced today that Tom Corcoran has been appointed as Manager of
Investor Relations for the company.
Mr.
Corcoran will be responsible
for all aspects of corporate communications with shareholders, media
and all potential investors'.
With over 17 years of corporate
marketing, advertising, and media experience, Mr.
Corcoran has
exceptional writing, design and branding skills in addition to public
speaking and presentation talent.
"Mr.
Corcoran is an excellent addition to Avanti's team," said Mr.
Nelsen.
"His extensive experience in financial and public markets will
be of great value in increasing our Company's exposure to both retail
and institutional investors."
Mr.
Corcoran graduated in 1989 from Simon Fraser University with an
Applied Science degree in Communications.
He spent over a decade as a
broadcast journalist in both radio and TV, before launching a career in
Corporate Communications for public companies involved in mining,
specialty materials and nano-technology.
Mr.
Corcoran has further
experience in corporate finance, having raised over $125 Million on
behalf of public companies.
"Avanti has a world class Molybdenum project under development at
Kitsault," said Mr.
Corcoran.
"As a very near term producer, it is
exciting for me to be involved in a project of this caliber and scale
with a dedicated team of professionals, who are meticulously focused,
in taking the project forward."
Mr.
Corcoran will be paid $7,000.00 per month and Avanti has granted
400,000 incentive stock options to Mr.
Corcoran at an exercise price of
Cdn$0.19 per share.
These options are granted for a five-year period,
and the grant is subject to vesting provisions in accordance with the
rules of the TSX Venture Exchange.
The term of the agreement for Mr.
Corcoran's services is for six months.
Avanti Mining is developing the past producing Kitsault Molybdenum
Mine, considered one of the top five primary Molybdenum development
assets worldwide.
This 100% Avanti controlled deposit is located 140 km
northeast of Prince Rupert, in coastal British Columbia.
For further information, please visit www.avantimining.com, or contact
Craig J.
Nelsen, Chief Executive Officer, 1 (303) 565-5491, Extension
4471, or
Tom Corcoran, Investor Relations Manager, 1 (877) 249-0640 or email:
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 accuracy of this release.
Forward-Looking Statements: This news release contains certain
forward-looking information concerning the business of Avanti Mining
Inc.
(the "Corporation").
All statements, other than statements of
historical fact, included herein including, without limitation; the
details of the development of the Kistault mine are forward-looking
statements.
These forward-looking statements are based on the opinions
of management at the date the statements are made and are based on
assumptions and subject to a variety of risks and uncertainties and
other factors that could cause actual events to differ materially from
those projected in forward-looking statements.
Important factors that
could cause actual results to differ materially from the Corporation's
expectations include fluctuations in commodity prices and currency
exchange rates; uncertainties relating to interpretation of drill
results and the geology, continuity and grade of mineral deposits;
uncertainty of estimates of capital and operating costs, recovery
rates, production estimates and estimated economic return; the need for
cooperation of government agencies and native groups in the exploration
and development of properties and the issuance of required permits; the
need to obtain additional financing to develop properties and
uncertainty as to the availability and terms of future financing; the
possibility of delay in exploration or development programs or in
construction projects and uncertainty of meeting anticipated program
milestones; uncertainty as to timely availability of permits and other
governmental approvals; and other risks and uncertainties disclosed in
the Corporation's Annual Information Form for the year ended January
31, 2009, which is available at www.sedar.com.
The Corporation is
under no obligation to update forward-looking statements if
circumstances or management's opinions should change, except as
required by applicable securities laws.
The reader is cautioned not to
place undue reliance on forward-looking statements.
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Copyright (c) 2010 AVANTI MINING CORP.
(AVMI) All rights reserved.
For more information visit our website at http://www.avantimining.com/
or send mailto:
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