Everton Resources Inc. Elects New Director
May 24 2011 - 4:58PM
Marketwired
Everton Resources Inc. ("Everton" or "Company")(TSX VENTURE:
EVR)(FRANKFURT: ERV) is pleased to announce that David Massola was
elected to the Board of Directors of the Company at the Annual
General Meeting of Shareholders held May 20, 2011. Mr. Massola
replaces Alexander Stewart, whose mandate expired at the Meeting.
"We are extremely pleased to have someone of David's calibre and
reputation joining our board," said Andre Audet, President of
Everton. "He has held senior positions with world-class producing
mining companies, including GlobeStar which has a strong presence
in the Dominican Republic. His proven abilities and experience will
help guide the Company through an exciting period of rapid
growth."
Mr. Massola has over 25 years of experience in a broad range of
financial functions, including mergers and acquisitions, tax,
business planning and analysis, treasury, corporate accounting and
internal audit.
Mr. Massola was the Senior Vice President Finance and Chief
Financial Officer of GlobeStar Mining Corporation between 2006 and
2011. While at GlobeStar, Mr. Massola was active in facilitating
Perilya Ltd.'s (ASX: PEM) acquisition and integration of
GlobeStar.
Prior to joining GlobeStar, Mr. Massola was Chief Financial
Officer of De Beers Canada Inc. ("De Beers") where he was in charge
of all the financial aspects of the company's Canadian
operations.
Previous to De Beers, Mr. Massola spent 20 years with
BHP-Billiton in various positions in Canada, Chile and the United
States. He was Vice President of Finance of BHP-Billiton's Ekati
Diamond Mine from 1997 through 2001, responsible for the financial
aspects of the mine from the construction period through commercial
production.
The Board thanks Mr. Stewart for his service and contribution
and welcomes Mr. Massola.
In other news, the Company is pleased to announce the granting
of options to purchase in the aggregate 550,000 common shares of
the Company to Mr. Massola and certain consultants. Each option
entitles the holder to purchase one common share of the Company at
the price of $0.35 per share.
The options are granted pursuant to the Company's incentive
stock option plan and under the plan are available for exercise for
a period of five years.
About Everton
Everton is partnered with Brigus Gold on actively exploring in
the Dominican Republic adjacent to the US$3 billion Pueblo Viejo
project, currently being developed by the world's largest gold
mining company, Barrick Gold Corporation (60%) (NYSE: ABX)(TSX:
ABX) in partnership with Goldcorp (40%) ("Goldcorp") (NYSE:
GG)(TSX: G). Planned divestiture of its 100%-owned subsidiary Hays
Lake Gold containing the Shoal Lake Gold Project in Kenora, Ontario
is expected to provide internal funding to advance the Ampliacion
Pueblo Viejo project. Everton also holds an interest in the Opinaca
region of James Bay, Quebec where the Company has partnered with
Aurizon Mines Ltd. who is advancing Everton's interest by funding
100% of all exploration work on one of the largest land packages
adjacent to Goldcorp's Eleonore gold deposit.
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: Andre Audet, Chairman and CEO
andre@evertonresources.com 613-241-2332 613-241-8632 (FAX)
www.evertonresources.com
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