Trimax Corp. Announces Changes to its Board of Directors & the Signing of Property Option Agreement to Acquire Interest in Ze...
December 10 2009 - 12:01PM
Business Wire
Trimax Corporation (OTCBB: TMXN) ("Trimax"), is pleased
to announce that effective October 30, 2009, Mr. Gordon Lee was
elected a Director of the Company. On October 28, the Company
accepted the voluntary resignation of Gary Newman from his position
as Director of the Company.
Mr. Lee has a varied back ground in Investor Relations,
Marketing and Corporate Executive Administration. Mr. Lee has
previously served as CEO and Chairman of the Board for USA Video
Corp, a public company quoted on the OTCBB, as well as CEO and
President of Bentley Commerce Corp, also quoted on the OTCBB. From
January 2000 to June 2009, Mr. Lee served as CEO and Chairman of
the Board for Smart SMS. The common shares of Smart SMS are quoted
on the OTCBB. Mr. Lee currently is a consultant to Smart SMS and
managing partner of White Gold Partners, Nevada.
On October 28, 2009 the Company entered into an Option Agreement
with Gordon Lee to acquire all of his rights to the mining claims
collectively known as the ZEIBRIGHT MINE EXTENSION PROJECT (“the
Claims”) located in the Placer and Nevada Counties, California. The
terms of the Option Agreement include the Company agreeing to
expend $2,000,000 on exploration and development of the Claims and
the issuance of 90,000,000 common shares. On November 4, 2009,
pursuant to the Option Agreement, Trimax issued 7,000,000 shares of
the Corporation’s common stock to Mr Gordon Lee and will issue a
further Eighty Three Million shares over four years to acquire 70%
of the Claims.
About Trimax Corporation:
Trimax Corporation is a Nevada incorporated company having its
principal offices in Las Vegas, Nevada. Trimax is engaged in
business as an exploration stage mineral resource exploration and
development company.
Trimax is no longer involved with the San Bernardo group in
acquiring the Sonora Claims in Mexico and has abandoned that
project. Trimax has entered into an Option Agreement to acquire a
70% interest in the mining claims collectively known as the
ZEIBRIGHT MINE EXTENSION PROJECT located in the Placer and Nevada
Counties, California.
This press release contains ``forward-looking statements''
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements regarding the Company's business which are not
historical facts are forward-looking statements that involve risks
and uncertainties that could cause actual results to differ
materially from the potential results discussed in the
forward-looking statements. Readers are directed to Trimax reports
as filed with the U.S. Securities and Exchange Commission from time
to time, including but not limited to its most recent annual report
on Form 10-K for the year ended Sept. 30, 2008, for further
information and factors that may affect Trimax business and results
of operations. Trimax Corporation undertakes no obligations to
publicly update any forward-looking statements to reflect future
events or circumstances.
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