Desert Eagle Announces Passing of Board Member

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 05/11/12 -- Desert Eagle Resources Ltd. ("Desert Eagle" or the "Company") (TSX VENTURE: DER) is sad to announce the sudden passing of Paul C.M. Roberts, M.A.Sc, M.B.A., P.Eng., C.Eng, a member of the Board of Directors of the Company since February 2012. Mr. Roberts was President of Minvest Inc., a consulting organization providing technical and financial expertise to mining companies, the investment fraternity and governments. He successfully ran four publicly traded junior mining companies and served on several boards for various companies. Previously he headed the mining research team at Merrill Lynch Canada, working in corporate finance and institutional sales. Mr. Roberts was a geological and civil engineer who spent the first decade of his career in resource definition and development for an international mining consulting firm.
Blair Krueger, President & CEO of Desert Eagle, commented: "We are all very saddened by Paul's sudden passing. He was an excellent director and an enthusiastic supporter of the Company who was very active in helping our projects move forward. We extend our deepest condolences to Mrs. Roberts and all of the Roberts family."
About Desert Eagle Resources Ltd.
Desert Eagle is a junior mineral exploration company focused on acquiring and developing advanced stage gold properties in Mongolia. For complete details on Desert Eagle Resources Ltd. and its partners, management encourages investors and interested parties to view its public documents filed on SEDAR at .
Forward-Looking Information
Certain information contained in this news release may be "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the Private Placement and proposed use of proceeds, the future financial or operating performance of the Company, and planned exploration programs at the Company's projects. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; acquisition risks; and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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.
Contacts:
Desert Eagle Resources Ltd.
Blair Krueger
President & CEO
416-524-8150
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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 11.05.2012 - 21:00 Uhr
Sprache: Deutsch
News-ID 145702
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Mining & Metals
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