Amazon Mining Holding Plc (TSX VENTURE: AMZ) ("Amazon" or the
"Company"), is pleased to announce the appointment of Mr. Mauricio
Sampaio as Vice President of Operations.
Mr. Sampaio is a seasoned Brazilian executive with pertinent
expertise and experience in the areas of fertilizer marketing and
sales, operations planning, logistics, and product development. At
Amazon, Mr. Sampaio will coordinate efforts to advance the Cerrado
Verde project, including the development and marketing of the
ThermoPotash product, as well as evaluating other potential potash
fertilizers currently under tests.
Cerrado Verde is a source of potash rich rock from which Amazon
plans to produce a slow-release, non-chloride, multi-nutrient,
fertilizer product. Cerrado Verde, amenable to open pit mining, is
located in central Minas Gerais in the heart of Brazil's vast
Cerrado agricultural area.
Mr. Sampaio was Bunge Fertilizantes Operations Director from
2004 to 2006 and Marketing Director from 2002 to 2004. Bunge is
South America's largest supplier and distributor of fertilizers and
the world's largest oilseed processor. Mr. Sampaio served as
business director for the company's Bunge Fertilizantes IAP/Ouro
Verde divisions, where he was responsible for marketing and
operations, growing brand sales by 60%. He was on Fosfertil's
commercial committee as Bunge's representative. Fosfertil is
Brazil's main raw materials and phosphate supplier. Prior to Bunge
he also held the position of Operations Director at Fertiza
(Acquired by Mosaic/Cargill) from 1996 to 2000, where he was
responsible for planning, logistics, sales and supply. More
recently he served as an agribusiness advisor to Accenture;
marketing consultant for Tortuga Cia Zootecnica Agraria (Brazil's
largest animal feed company) for Latin America; and advisor to CJ
Company (South Korea's largest food company). Mr. Sampaio was
President of the Brazilian Agribusiness Association from 2006 to
2009.
Mr. Sampaio graduated in Agronomy Engineering and earned his MBA
in Agribusiness from USP - Universidade de Sao Paulo. He did his
post-graduate studies in Business Administration at Fundacao
Getulio Vargas, Sao Paulo.
In regards to his hiring, new Vice President Operations,
Mauricio Sampaio, said, "Amazon's Cerrado Verde project represents
an exciting opportunity to be part of the development of what I
believe could be a breakthrough fertilizer product in Brazil."
Commenting President & CEO, Cristiano Veloso, said,
"Mauricio is one of Brazil's most successful and respected
agribusiness professionals. We are pleased to have a professional
of his calibre that shares our excitement about the prospects of
the Cerrado Verde project. His addition will kick start the
establishment of Amazon Mining as a Brazilian fertilizer
producer."
Amazon has issued 250,000 share purchase options exercisable at
$1.40, expiring May 31, 2015 to Mauricio Sampaio, pending TSX
regulatory approval.
About Amazon
Amazon Mining is a mineral exploration and development company
founded by Brazilians in 2005. The company is focused on the
development of Cerrado Verde project. Cerrado Verde is source of a
potash rich rock from which Amazon plans to produce a slow-release,
non-chloride, multi-nutrient, fertilizer product. Amazon Mining is
a UK public company with shares listed on the TSX Venture Exchange
since November 2007.
On behalf of the Board of Directors of Amazon Mining Holding
Plc, Cristiano Veloso, President and CEO.
Cautionary Language and Forward Looking Statements
THIS PRESS RELEASE CONTAINS CERTAIN "FORWARD LOOKING
STATEMENTS", WHICH INCLUDE BUT IS NOT LIMITED TO, STATEMENTS WITH
RESPECT TO THE FUTURE FINANCIAL OR OPERATING PERFORMANCE OF THE
COMPANY, ITS SUBSIDIARIES AND ITS PROJECTS, STATEMENTS REGARDING
USE OF PROCEEDS, EXPLORATION PROSPECTS, IDENTIFICATION OF MINERAL
RESERVES, COSTS OF AND CAPITAL FOR EXPLORATION PROJECTS,
EXPLORATION EXPENDITURES, TIMING OF FUTURE EXPLORATION AND
PERMITTING, REQUIREMENTS FOR ADDITIONAL CAPITAL, GOVERNMENT
REGULATIONS OF MINING OPERATIONS, ENVIRONMENTAL RISKS, RECLAMATION
EXPENSES, TITLE DISPUTES OR CLAIMS, AND LIMITATIONS OF INSURANCE
COVERAGE. FORWARD LOOKING STATEMENTS CAN GENERALLY BE IDENTIFIED BY
THE USE OF WORDS SUCH AS "PLANS", "EXPECTS", OR "DOES NOT EXPECT"
OR "IS EXPECTED", "ANTICIPATES" OR "DOES NOT ANTICIPATE", OR
"BELIEVES", "INTENDS", "FORECASTS", "BUDGET", "SCHEDULED",
"ESTIMATES" OR VARIATIONS OF SUCH WORDS OR PHRASES OR STATE THAT
CERTAIN ACTIONS, EVENT, OR RESULTS "MAY", "COULD", "WOULD",
"MIGHT", OR "WILL BE TAKEN", "OCCUR" OR "BE ACHIEVED". FORWARD
LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES
AND OTHER FACTORS WHICH MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE
OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM ANY
FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY
SAID STATEMENTS. THERE CAN BE NO ASSURANCES THAT FORWARD-LOOKING
STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND FUTURE
EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SAID
STATEMENTS. ACCORDINGLY, READERS SHOULD NOT PLACE UNDUE RELIANCE ON
FORWARD-LOOKING STATEMENTS.
The potential grades detailed in this release are conceptual in
nature. There has been insufficient exploration to define a mineral
resource and it is uncertain if further exploration will result in
the targets being delineated as a mineral resource.
Readers are cautioned not to rely solely on the summary of such
information contained in this release and are directed to the
complete set of drill results posted on Amazon's website
(www.amazonplc.com) and filed on SEDAR (www.sedar.com) and any
future amendments to such. Readers are also directed to the
cautionary notices and disclaimers contained herein.
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: Amazon Mining Holding Plc Cristiano Veloso President
& Chief Executive Officer +44 (0) 20 8133 7607 +44(0)20 7405
7773 (FAX) cv@amazonplc.com Amazon Mining Holding Plc Jed
Richardson VP Corporate Development +1 (416) 866-2966 +1 (416)
866-8829 (FAX) jed@amazonplc.com www.amazonplc.com
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