MAPLE GROVE, Minn.,
July 8 /PRNewswire-FirstCall/ --
Affinity Gold Corp. (Pink Sheets: AFYG) ("Affinity" or "the
Company") is pleased to release a message from the Company's newly
appointed President and Interim CEO, Mr. Corey Sandberg.
Message from Mr. Sandberg:
First of all, I am privileged to have the opportunity to serve
as the Company's newly-appointed President and Interim CEO.
Since becoming involved with the Company in early 2009 I've
become quite familiar with the many aspects of our Company having
had the privilege of speaking with, and getting to know, a number
of our internal partners, vendors and most importantly, our
shareholders.
My focus over the next few months will be to take full inventory
of our parent company, subsidiary and flagship project in
Peru; further clarify and
prioritize our immediate & short-term goals; and begin taking
action to achieve those goals with definitive action plans.
Taking the time to assess and document the Company's current
circumstances will significantly improve our ability to effectively
plan and execute going forward.
As I move forward, the three guiding goals I will be working
towards are to build an effective leadership and operational team,
strengthen and broaden our asset base and contribute to creating a
substantial and compelling value proposition for the Company.
In the immediate term I will be focusing on putting together
the core team with the required skill sets both on the ground in
Peru as well as at the corporate
level. This initial team will be key to successfully
accomplishing our immediate and short-term goals as well as
continuing to progress our current project-related efforts.
Next 30 Days
- Visit our flagship project site, meet with representatives from
the Ministry of Mines, Ministry of Energy & Environment and
other relevant stakeholder groups and potential strategic
partners
- Assess and refocus the Company's overall business strategy and
properly align our subsidiary's operations and personnel
accordingly
- Recruit initial key leadership and operational personnel in
Peru to be dedicated 100% to the
development of our flagship project and the execution of our
overall strategic efforts
Next 60 Days
- Identify and engage potential strategic partners to assist with
developing our business and ensuring we have the necessary
resources to successfully execute
- Implement improved internal controls and corporate governance
practices
Next 90 Days
- Become current in all our regulatory filings
- Create and begin implementing plan of action for putting the
Company on track to re-list on the OTC BB and/or other exchange
conducive to rebuilding credibility in the markets
In closing, I am excited to have the opportunity serve in this
new capacity and firmly believe we're embarking on a journey to
build a respectable junior mining company in the years ahead.
Sincerely,
Corey Sandberg
President & Interim CEO
About Affinity Gold Corp.:
Affinity Gold Corp. is a mineral exploration and development
company engaged in the acquisition, exploration and development of
gold mineralization properties internationally. Affinity Gold
Corp.'s current primary focus is gold exploration in Peru.
Through its 99.99% owned subsidiary AMR Project Peru, S.A.C.,
Affinity Gold Corp. is the owner of the mining concession title
named "AMR Project" covering 500 hectares and the mining concession
certificate as evidenced by Certificate No. 7996-2006-INACC-UADA
granted to AMR by the Republic of Peru, National Institute of Concessions and
Mining Cadastre on December 11, 2006
(the "Mining Concession Rights").
www.affinitygold.com
For further information please refer to the Company's filings
with the SEC on EDGAR available at www.sec.gov
FORWARD-LOOKING STATEMENTS
This news release may include "forward-looking statements"
regarding Affinity Gold Corp., and its subsidiaries, business and
project plans. Such forward-looking statements are within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and section 21E of the United States Securities and Exchange Act of
1934, as amended, and are intended to be covered by the safe harbor
created by such sections. Where Affinity Gold Corp. expresses or
implies an expectation or belief as to future events or results,
such expectation or belief is believed to have a reasonable basis.
However, forward-looking statements are subject to risks,
uncertainties and other factors, which could cause actual results
to differ materially from future results expressed, projected or
implied by such forward-looking statements. Affinity Gold Corp.
does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
SOURCE Affinity Gold Corp.