Superior Appoints Additional Director and Negotiates Debt Settlement
November 14 2011 - 2:07PM
Marketwired
Superior Mining International Corporation (the "Company") (TSX
VENTURE:SUI) wishes to announce the appointment of Dr. Michael
Andrews, FAusIMM as a director of the Company. Dr. Andrews is a
geologist with over 30 years of research and mining industry
experience in gold, copper, coal and iron exploration. He has
served as a Director of several public mining and exploration
companies listed on the Canadian, London and Australian stock
exchanges and is currently President and Chief Operating Officer of
Southern Arc Minerals Inc.
The Company plans to settle outstanding debt in the amount of
$148,098.44 by the issuance of an aggregate of 1,480,984 common
shares in the capital of the Company at a deemed price of $0.10 per
common share. The debt settlement is subject to the approval of the
TSX Venture Exchange.
On behalf of the Board of Directors of Superior Mining
International Corporation
John Proust, Executive Chairman
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as such term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Superior Mining International Corporation John Proust
Executive Chairman (604) 601-2005 (604) 488-0319
(FAX)info@superiormining.comwww.superiormining.com
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