Cap-Ex Appoints new CFO and Corporate Secretary
July 10 2013 - 3:09PM
OTC Markets
Cap-Ex Iron Ore Ltd (TSX-V: CEV) (Frankfurt: X0V) (OTCQX: CPXVF)
(?Cap-Ex? or the ?Company?) is pleased to
announce the appointment of Martin Burian, CA, CBV as Chief
Financial Officer and Jasvir Kaloti as Corporate Secretary of the
Company.
Mr.
Burian has over eighteen years of investment banking
experience. He brings wealth of knowledge and expertise in
corporate finance and advisory services on M&A processes and
consulting to growth companies, particularly within the mining
sector. Mr. Burian was most recently Managing Director of
Investment Banking at Haywood Securities Inc. from 2010 until mid
2013, prior to which he served as President of Bolder Investment
Partners from 2009 until its merger with Haywood Securities in
2010. Mr. Burian obtained his Chartered Accountant and
Chartered Business Valuator designation while at KPMG and obtained
his Bachelor of Commerce from the University of British Columbia in
1986.
The
appointment of Mr. Martin Burian follows the resignation of Mr.
Paul Bozoki as Chief Financial Officer. The Company would
like to thanks Mr. Bozoki for his contributions and wish him well
in his future endeavors.
The
Company also announces the re-appointment of Jasvir Kaloti as
Corporate Secretary. Ms Kaloti has over 15 years of
experience in the finance industry and is an independent consultant
for publically listed companies in the mining sector. Ms.
Kaloti has been working with Cap-Ex since inception.
She completed her Bachelor of Business Administration from
Simon Fraser University in 1993.
Graham Harris, CEO comments, ?We welcome Mr.
Burian and Ms. Kaloti to our management team. We are
confident that their professional experience, expertise and
knowledge will prove to be very valuable as the Company searches
for a strategic partner. ?
About Cap-Ex Iron Ore
Ltd.
Cap-Ex Iron Ore Ltd. is a Canadian listed company,
focused on the development of its wholly owned Block 103 Iron Ore
Project in the Labrador Trough, near the mining town of
Schefferville, Qu?bec. The Block 103 property is strategically
located close to an existing railway that can provide a direct link
to a shipping port and is adjacent to Tata Steel-New Millenium Iron
Corp. LabMag and KeMag deposits and the Tata-New Millennium
oxide deposits to the east.
For
additional information please visit the Company?s website
at www.cap-ex.ca.
CAP-EX IRON ORE LTD.
On
behalf of the Board
"Graham
Harris"
CEO and Director
For Investor Relations, please
contact:
604-669-2279
info@cap-ex.ca
www.cap-ex.ca
Cautionary Note Regarding Forward-looking
Information
This press release contains
"forward-looking information" within the meaning of applicable
Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements with respect to the
development potential of the Company?s Block 103 iron ore property,
future exploration plans, future production, future operating and
capital costs, the projected IRR, NPV and payback period, details
about infrastructure and the expected timing for completion of a
feasibility study. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward looking information is subject to known
and unknown risks, uncertainties and other factors that may cause
the actual results, level of activity, performance or achievements
of the Company to be materially different from those expressed or
implied by such forward-looking information. There can be no
assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
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.
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