DGAP-News: Firegold Company Ltd.: FIREGOLD WELCOMES NEW CEO AND EXECUTIVE VP

DGAP-News: Firegold Company Ltd.: FIREGOLD WELCOMES NEW CEO AND EXECUTIVE VP

ID: 210907

(firmenpresse) - DGAP-News: Firegold Company Ltd. / Key word(s): Change of Personnel
Firegold Company Ltd.: FIREGOLD WELCOMES NEW CEO AND EXECUTIVE VP

10.12.2012 / 08:11

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Firegold Company Ltd
Frankfurt/Berlin Symbol 'SA1F'


Date: Dec. 10, 2012


FIREGOLD WELCOMES NEW CEO AND EXECUTIVE VP

December 10, 2012 - Firegold Company Ltd. (SA1F; Frankfurt/Berlin) is
pleased to announce to the general public and its shareholders that it has
elected Mr. Stephen Mlot, P. Eng (Professional Engineer), to head up its
management team as President and CEO and Mr. Edward I. Bettiol, P. Eng., as
Executive Vice President of the firm.

Stephen is a result oriented team leader with proven problem solving and
decision making skills. He brings more than 30 years of experience at
senior level corporate positions within the mining industry. In these
positions, from mine planning and construction to project management and
mine development, he directly influenced and oversaw the many disciplines
required to bring a mine through to production. Mr. Mlot has held positions
as a Director and President&CEO of Carlisle Goldfields Limited, as a
Director and President of Patricia Mining Corp. and as President and
General Manager of Canadian Mineforce Inc.
Edward I. Bettiol, P. Eng., brings 40+ years of experience at senior levels
of mining management. He has held positions in the planning, constructing,
rehabilitating, operating and closure of many precious and base metals
mining and extraction operations. Production facilities overseen ranged
from 200 tons per day to over 4,000 tons per day. He has over 24 years
experience as General Manager and/or Manager at various mining companies.
He has also acted as an international consultant preparing sections of
audit reports pertaining to the processing and mining of metals and the




feasibility of mines.
The Board happily welcomes Stephen and Edward to the company and sees them
as very valuable additions to the team.

About Firegold Company
Firegold Company Ltd. is a corporation with a focus squarely targeted on
the mining industry for the purpose of participating in the production of
precious metals. The Company's Business Plan is to identify strategic
opportunities in mining companies and/or projects that are at the advanced
exploration stage and especially those on the brink of a production
decision. The Plan also outlines the participation in the equity of these
ventures through various legal models, such as; joint ventures;
co-ventures; direct shareholdings; partnerships; secured lending
relationships along with other possible financial commitments or
arrangements. The Company's expertise lies in securing and providing the
necessary working capital in conjunction with the business acumen and
support in order to empower the targeted company and its management to
achieve its operational goals. Firegold has a 49% working interest in the
Tamarack, lode gold bearing, Property with a financial commitment to fund
the property upgrading capabilities from 60 tpd (tons per day) up to 300
tpd .

WARNING: The company relies upon litigation protection for
'forward-looking' statements.

Information presented in this newsletter contain 'forward looking
statements' within the meaning of Section 27A of the Securities Act of 1933
and Section 21B of the Securities Exchange Act of 1934. Any statements that
expressor involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, goals, assumptions or future
events or performance are not statements of historical fact and may be
'forward looking statements.' Forward looking statements are based on
expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties which could cause actual
results or events to differ materially from those presently anticipated.
Forward looking statements in this action may be identified through the use
of words such as 'projects', 'foresee', 'expects'', 'will,' 'anticipates,'
'estimates,' 'believes,' 'understands' or that by statements indicating
certain actions 'may,' 'could,' or 'might' occur.


For further information contact:

Investor Relations

FIREGOLD COMPANY Ltd.
Toronto Office
4936 Yonge St. Suite 727,
Toronto, Ont. Canada
M2N 6S3

Email: info(at)firegold.de
Email: Info(at)firegold.net
Internet: http://www.firegold.de
Internet: http://www.firegold.net
Symbol: SA1F
ISIN: CA3181651074
WKN: A1JPHR
Börsen: Open Market in Frankfurt; Open Market in Berlin


No regulatory authority or similar body approved nor disapproved the
information contained herein.


End of Corporate News

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10.12.2012 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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196404 10.12.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 10.12.2012 - 08:11 Uhr
Sprache: Deutsch
News-ID 210907
Anzahl Zeichen: 5817

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Kategorie:

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