VANCOUVER, Nov. 17, 2017 /CNW/ - (TSX: EOX; OTCQB: EOXFF):
("Euromax" or the "Company") is pleased to announce
that Ljupco (Lou) Naumovski has been
appointed as a Non-Executive Director of the Company.
Mr. Naumovski, a Canadian Citizen born in Macedonia, is a senior executive with broad
multi-disciplinary experience, including general management and
business development in gold mining and banking. Mr.
Naumovski also serves as a Non-Executive Director on boards of Amur
Minerals Corporation and Trans-Siberian Gold; both companies are
listed on the London Stock Exchange AIM market. Mr. Naumovski
is an Honorary Member of the Board of Directors of Macedonia 2025 and serves as a Director of the
Canada Eurasia Russia Business Association and the Canadian
Executive Service Organisation.
Mr. Naumovski retired from Kinross Gold Corporation in
January 2017, where he served for ten
years as Vice President and General Director in Moscow, responsible for Kinross' Government relations and new business
development in Russia. Prior to this role, Mr. Naumovski
served as Senior Vice President and General Manager at Visa
International Service Organisation and, prior to this as a Senior
Banker in the Russian Team and also Resident Representative for the
for the European Bank of Reconstruction and Development in
Moscow. Mr. Naumovski holds a BA (Honours) in Economics and
Political Science from the University of
Toronto and an MA in International Relations (majoring in
Russian / Soviet affairs) from the Norman Patterson School of
International Affairs at Carleton
University in Ottawa,
Canada.
Concurrently with Mr. Naumovski's appointment, Mr. Patrick Forward will step down from the
Company's Board, but will remain in his position as the Company's
Chief Operating Officer and a member of the Board's Technical
Committee steering the development of Euromax's Ilovica-Shtuka
project.
Martyn Konig, Chairman, stated: "On
behalf of the Company's board of directors we warmly welcome Lou as
a director. As a Macedonian Canadian with extensive experience of
both mining and financing, we are sure that he will be a valuable
asset to the Company and will contribute greatly towards the
successful development of Ilovica-Shtuka."
About Euromax Resources Ltd.
Euromax is focused on building and operating the Ilovica-Shtuka
copper-gold project in Macedonia.
Forward-Looking Information
This news release contains forward-looking information.
Forward-looking statements include, but are not limited to the
continued advancement of the company's general business
development, research development and the company's development of
mineral exploration projects. When used in this press release, the
words "will", "shall", "anticipate", "believe", "estimate",
"expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although
Euromax believes that their expectations reflected in these
forward-looking statements are reasonable, such statements involve
risks and uncertainties and no assurance can be given that actual
results will be consistent with these forward-looking statement.
Important factors that could cause actual results to differ from
these forward-looking statements include the potential that
fluctuations in the marketplace for the sale of minerals, the
inability to implement corporate strategies, the ability to obtain
financing and other risks disclosed in our filings made with
Canadian securities regulators available on SEDAR at www.sedar.com.
Forward-looking statements contained herein are made as of the date
of this news release and Euromax disclaims any obligation to update
any forward-looking statements, whether as a result of new
information, future events or results or otherwise, except as
required by applicable securities laws.
SOURCE EurOmax Resources Ltd.