DGAP-News: Spectral Capital hires Executive Vice President of Environmental and Regulatory Affairs
(firmenpresse) - DGAP-News: Spectral Capital Corporation / Key word(s): Change of
Personnel
Spectral Capital hires Executive Vice President of Environmental and
Regulatory Affairs
29.03.2011 / 18:00
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Spectral Capital hires Executive Vice President of Environmental and
Regulatory Affairs
Experienced environmental engineer and resource executive will help expand
company's operations in Russia and Kazakhstan
SEATTLE, Washington (29 March, 2011) - Spectral Capital Corporation
(FCCN.QB) (F3SN:F) today announced that Joel Adamson has joined the Company
as Executive Vice President of Environmental and Regulatory Affairs. In
this newly created role, Adamson, who is based in Seattle, will be
instrumental in building Spectral Capital's operations in Russia and
Kazakhstan, nations in which the company is developing two gold mining
properties.
'We are thrilled to welcome Joel to the Spectral team,' said Spectral CEO
Jenifer Osterwalder. 'He brings more than two decades of operational,
contracting, regulatory and environmental expertise to our company as well
as significant on-the-ground experience working in Kazakhstan and Russia.
Joel's extensive background in the resource regulatory environment in
Russia and Kazakhstan will be invaluable as we develop our in-country
resources and further develop our mining projects in these countries.'
Adamson, who is fluent in Kazakh and Russian, has more than 20 years of
experience in environmental engineering and international project
management. Prior to joining Spectral, he was under contract with the
Kazakhstan Department of Land Resources and Ecology where he worked on many
environmental and water quality issues. Prior to this work, Adamson was an
Environmental Engineer and Project Manager at Conestoga Rovers&Associates
in Tacoma, Washington, and President and Owner of Adamson Commercial
Enterprises.
Adamson has held several positions at ExxonMobil Corporation including
Manager of Environmental/Regulatory Affairs for the Sakhalin-1 Project, a
$2 billion-dollar oil and gas on-shore processing facilities construction
project on Sakhalin Island in Russia. He managed a team of eight ExxonMobil
employees as well as more than 20 contractors, and conducted on-site
environmental and safety inspections, audits of the contractors' compliance
with local laws and regulations, and environmental auditing.
Prior to the Sakhalin-1 Project, Adamson served - as an employee of
ExxonMobil - as Regulatory Affairs Coordinator for Tengizchevroil in
Atyrau, Kazakhstan. He also served as Director of Environment, Health, and
Safety for Mobil Oil Kazakhstan, Inc. in Almaty, Kazakhstan, and Senior
Consulting Engineer and Vice President at Environmental Impact Assessment
Group, Inc. in Dzhambul, Kazakhstan.
Adamson received a M.S. in Environmental Engineering from the California
Institute of Technology in Pasadena, California. He received a B.S. in
Civil Engineering with emphasis in Environmental Engineering from
University of California Irvine.
About Spectral
Spectral Capital is focused on the acquisition and development of a
significant portfolio of properties in the natural resource sector, mainly
in the CIS region. In September 2010, the Company purchased an interest in
mineral properties in the Chita region of the Russian Federation. The
Kadara and Kaltagay license is located in the Mogochinsky district of the
Chita Region, which has several gold mines in production. Spectral owns 52%
of the License for prospecting, exploration and production of gold and all
other metals. The size of the License is 186 km2. In January 2011, Spectral
acquired a 65% interest in a gold mine in the Bayankol River Basin of
Kazakhstan, in one of the region's most promising areas for gold
extraction. The size of the License is 702 km2. Exploration and development
activities are currently being undertaken in both properties. Spectral
continues to develop a diversified portfolio of natural resource assets in
some of the world's most prolific regions.
Spectral Capital is a US based publicly trading company and is listed on
the US over the counter markets as FCCN and Frankfurt exchange as F3SN.
Spectral is a Nevada state corporation.
PRESS RELEASE FORWARD LOOKING STATEMENT:
This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended) concerning future events
and the Company's growth and business strategy. Words such as 'expects,'
'will,' 'intends,' 'plans,' 'believes,' 'anticipates,' 'hopes,'
'estimates,' and variations on such words and similar expressions are
intended to identify forward-looking statements. Although the Company
believes that the expectations reflected in such forward-looking statements
are reasonable, no assurance can be given that such expectations will prove
to have been correct. These statements involve known and unknown risks and
are based upon a number of assumptions and estimates that are inherently
subject to significant uncertainties and contingencies, many of which are
beyond the control of the Company. Actual results may differ materially
from those expressed or implied by such forward-looking statements. Factors
that could cause actual results to differ materially include, but are not
limited to, changes in the Company's business; competitive factors in the
market(s) in which the Company operates; risks associated with operations
outside the United States; and other factors listed from time to time in
the Company's filings with the Securities and Exchange Commission. The
Company expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's expectations with
respect thereto or any change in events, conditions or circumstances on
which any statement is based.
Contact:
Jenifer Osterwalder
contact(at)spectralcapital.com
206-262-7820
End of Corporate News
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117468 29.03.2011
Datum: 29.03.2011 - 18:00 Uhr
Sprache: Deutsch
News-ID 33623
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