TORONTO, Feb. 7, 2012 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM) ("Aldridge" or the "Company") today announced that Jacob Willoughby, President, will be leaving the Company to pursue other opportunities, effective March 31st 2012. Mr. Willoughby will remain the Company's President for the interim period to provide for an orderly transition of responsibilities but will resign as a Director of the Company effective immediately.
"On behalf of the Board, I would like to thank Jacob for his service and wish him well in his future endeavours," said Barry Hildred, Chairman of Aldridge Minerals. "Jacob has been a senior executive and director of Aldridge for the past two years where he helped steer the Company through a period of tremendous change and evolution. Mr. Willoughby is leaving the Company in good hands. Under the leadership of Mario Caron, our recently appointed CEO, and a strong team in both Canada and Turkey, we believe the Company has the right team to rapidly advance the development of its Yenipazar project in Turkey."
Mr. Willoughby made these comments, "I have thoroughly enjoyed learning firsthand about what a fantastic country Turkey is and especially working with everyone at Aldridge. I would like to wish the Company continued success as it progresses through feasibility towards eventual production from its Yenipazar project."