Key Gold Holding Corporate Update
September 22 2011 - 1:45PM
Marketwired
Key Gold Holding Inc. (TSX VENTURE: KGH) is pleased to announce
that the Board of Directors has appointed Mr. Roger Rosmus as
Director and member of the audit committee to fill the vacancies
caused by Mr. Claude St-Hilaire's resignation.
Mr. Rosmus is a co-founder and President of the Toronto based
investment bank Aberdeen Gould Capital Markets Ltd., an Exempt
Market Dealer registered in the Provinces of Alberta, British
Columbia, Ontario, Saskatchewan and Quebec, and has over 15 years
of investment banking experience in the public and private sectors,
and has acted as lead on many mergers, acquisitions and corporate
financings in a wide variety of industries. Mr. Rosmus has co-owned
and managed a number of successful businesses in Canada. He holds
an MBA from The University of Western Ontario - Richard Ivey School
of Business. He recently lead an oversubscribed financing for
Nevado Resources Inc., and his firm has provided financing services
to other resource clients including among others: Auriga Gold
Corp., Champion Minerals Inc., Goldstrike Resources Ltd., Lachlan
Star Limited, and Petro One Energy Corp.
The Corporation thanks Mr. St-Hilaire for his significant
contributions to the Corporation as a Director. Mr. St-Hilaire will
remain active in the affairs of the Corporation as consultant. Mr.
Rosmus nomination is subject to regulatory approval.
In other news, the Corporation announces that the Board of
Directors has approved the cancellation of an aggregate 4,150,000
(pre-consolidation, i.e., 415,000 following the 2010 consolidation)
stock options and 28,998 common shares following a review by TSX
Venture Exchange of certain grants of options at an exercise price
below $0.10 made in 2008 and 2009.
About Key Gold Holding Inc.
Key Gold Holding Inc. is a mineral exploration company that is
mainly focused on the acquisition, exploration and development of
gold and copper properties.
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: Louis Lessard, President (418) 781-0272 (418) 650-4922
(FAX) info@keygoldholding.com www.keygoldholding.com
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