DGAP-News: Champion Minerals Appoints Director of Human Resources and Advisory Board Member

DGAP-News: Champion Minerals Appoints Director of Human Resources and Advisory Board Member

ID: 176649

(firmenpresse) - DGAP-News: Champion Minerals Inc. / Key word(s): Change of Personnel
Champion Minerals Appoints Director of Human Resources and Advisory
Board Member

22.08.2012 / 13:15

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Champion Minerals Inc.

NEWS RELEASE
Champion Minerals Appoints Director of Human Resources and Advisory Board
Member

Toronto (Canada), August 22, 2012 - CHAMPION MINERALS INC. (TSX: CHM;
OTCQX:CPMNF; FSE: P02) ('Champion' or the 'Company') is pleased to announce
that Mr. Claude Léveillée has been appointed the Company's Director of
Human Resources and additionally, that Mr. William Harding has been
appointed to the Company's Advisory Board.

Mr. Léveillée will join Champion at its Montreal office and he brings over
30 years of national and international experience in the area of human
resources, including 25 years at Agnico-Eagle Mines. Most recently, Mr.
Léveillée served as Human Resources and Organizational Corporate Director
at Agnico Eagle's Corporate Division, where he was responsible for creating
policies and procedures for operations located in Canada, Mexico and
Finland. Prior to that, he held the position of Human Resources Regional
Director where he wrote policies and procedures for Agnico Eagles' three
mines located in the Abitibi-Temiscamingue area of western Quebec.
Throughout his career Mr. Léveillée successfully executed mandates in
various areas such as staffing, performance appraisal, succession planning,
mediation, negotiation, occupational health and safety and public/community
relations.

Champion is pleased to also welcome Mr. William Harding to its team, with
his appointment to the Company's Advisory Board. Mr. Harding has over 25
years of in-depth exposure to capital markets in both the public and
private sectors and is experienced in international portfolio management




and investment consultancy. Mr. Harding is currently the Chairman of Alpine
Asset Advisors AG and has been a member of the Board of Governors of CI
Investments Inc. since 2005. Mr. Harding began his career in Corporate
Finance at Wood Gundy (CIBC World Markets) and worked in Institutional
Equity Research and Sales at Gardiner Watson Ltd. (Morgan Stanley). Prior
to founding Alpine Advisors AG, he was a Managing Partner of a Swiss-based
Independent Financial Intermediary (Bruellan SA) specializing in Portfolio
Management of Family Offices and High Net-Worth Individuals.

Thomas Larsen, Champion's President and C.E.O. stated, 'We are very pleased
and fortunate to have been able to attract two very talented and
experienced professionals to our team. Mr. Léveillée's broad experience in
Quebec will benefit Champion greatly as we complete the Feasibility Study
at the Company's wholly-owned Consolidated Fire Lake North Project and
continue with its development. As well, we look forward to the valuable
contributions Mr. Harding will bring to our Advisory Board.'

About Champion Minerals Inc.

Champion Minerals is an iron exploration and development company with
offices in Montreal and Toronto, and is focused on developing its
significant iron resources in the provinces of Quebec and Newfoundland&Labrador. Champion holds a 100% interest in the Fermont Iron Holdings and a
44% interest in the Attikamagen Iron Project located in both Quebec and
Labrador.

Champion's Fermont Iron Holdings, including the flagship Consolidated Fire
Lake North Project, are located in Canada's major iron ore producing
district, in close proximity to five producing iron mines. Fire Lake North
is located immediately adjacent to and north of ArcelorMittal's operating
Fire Lake Mine and 60 km south of Cliffs Natural Resources Inc.'s Bloom
Lake Mine in northeastern Quebec. Champion's team and advisory board
includes mining and exploration professionals with the mine operations
experience to build the Fire Lake North Project into a producing mine.

For further information please contact:
Thomas G. Larsen, President and CEO, or Jorge Estepa, Vice President at
Tel: (416) 866-2200.

For additional information on Champion, please visit our website at
www.championminerals.com.

This news release includes certain information that may constitute
'forward-looking information' under applicable Canadian securities
legislation. Forward-looking information includes, but is not limited to,
statements about mineral resource estimates and planned operations at the
Company's projects, including its Consolidated Fire Lake North Project.
Forward-looking information is necessarily based upon a number of estimates
and assumptions that, while considered reasonable, are subject to known and
unknown risks, uncertainties, and other factors which may cause the actual
results and future events to differ materially from those expressed or
implied by such forward-looking information, including the risks identified
in Champion's annual information forms, management discussion and analysis
and other securities regulatory filings by Champion on SEDAR (including
under the heading 'Risk Factors' therein). 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
forward-looking information. Accordingly, readers should not place undue
reliance on forward-looking information. All forward-looking information
contained in this press release is given as of the date hereof and is based
upon the opinions and estimates of Champion's management and information
available to management as at the date hereof. Champion disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or
otherwise, except as required by law.

This press release has been prepared by Champion Minerals Inc. and no
regulatory authority has approved or disapproved the information contained
herein.


End of Corporate News

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22.08.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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182508 22.08.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 22.08.2012 - 13:15 Uhr
Sprache: Deutsch
News-ID 176649
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