Shear Announces New Board Member and Provides Processing Update
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 08/23/12 -- Shear Diamonds Ltd. (TSX VENTURE: SRM) ("Shear") is providing a processing update and is pleased to announce the appointment of Mr. Manuel Rappaport to Shear's board of directors.
Appointment of New Board Member
Mr. Rappaport is a well-respected, experienced financial consultant with over 15 years in the diamond industry. He is currently a Financial and Operational Consultant for Tache Company N.V. ("Tache"), Shear's diamond marketing partner for sale into end markets. Mr. Rappaport is also the Director of Banyan Consulting BVBA, an independent consulting company, specialized in the diamond sector. He has held various positions within the diamond industry from manager, to consultant and chief financial officer.
"Manuel has been an exceptional business partner for Shear over the last 6 months and we are thrilled to have him join our board. His insight into the diamond markets will be a great asset," said President and CEO Julie Lassonde.
Processing Update
Shear is providing a processing and operations update with respect to the high grade concentrate stockpiles at its Jericho diamond mine:
About Shear Diamonds Ltd.
Shear is a Canadian-based company focused on diamond exploration and development in Canada's North, where it explores established diamond districts and has discovered new ones. Shear currently has a portfolio of eight diamond projects, including three advanced projects with development potential. Shear holds a 100% interest in its recently acquired Jericho Diamond Mine and surrounding exploration assets, located in the Kitikmeot region of Nunavut.
On behalf of the Board of
SHEAR DIAMONDS LTD.
Julie Lassonde, President & CEO
Neither 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:
Shear Diamonds Ltd.
416-479-8728 or 1-866-298-9695
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Unternehmensinformation / Kurzprofil:
Datum: 23.08.2012 - 12:55 Uhr
Sprache: Deutsch
News-ID 177119
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contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Mining & Metals
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