Superior Appoints Additional Director and Negotiates Debt Settlement
November 14 2011 - 1:07PM
Marketwired Canada
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
Superior Mining (TSXV:SUI)
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