armistice listingArmistice obtains conditional approval to list on TSX; appoints new directors and officers
Issued and Outstanding common shares: 34,626,092
TORONTO, June 16 /CNW/ - Armistice Resources Corp. (CUB: ACIG) is pleased
to announce that it has received conditional approval for listing on the
Toronto Stock Exchange ("TSX"). Conditional listing approval was a
pre-condition to the terms of a financing set out in an engagement letter
signed with Dominick & Dominick on April 24, 2006, and more fully described in
the Corporation's news release of April 28, 2006. Final approval for listing
on the TSX is conditional on, among other things, Armistice completing a
financing of a minimum amount of $7,000,000 and, within 90 days of listing,
appointing an additional independent director to its board of directors.
Armistice is also pleased to announce the appointment of a new director
and new officers, effective May 15, 2006. Edmond Legault, a Mining Consultant
of St.-Sauveur, Quebec, has been appointed a director. Mr. Legault has a
lengthy career in the industry, most notably in a senior management role with
several mining companies. He currently sits on the board of Virginia Mines
Inc. Thomas Gannon, a Chartered Accountant and Certified Fraud Examiner of
Kirkland Lake, Ontario has been appointed Chief Financial Officer of the
Corporation. Mr. Gannon is a Partner with the firm of Ross Pope & Company.
Michael Bourassa, a partner and mining lawyer at Fasken Martineau DuMoulin LLP
of Toronto, has been appointed Secretary of the Corporation. Mr. Bourassa was
recently named one of the leading mining lawyers in the world by Who's Who
Legal. Mr Bourassa was instrumental in assisting Armistice with efforts to
reorganize the affairs of the company. Claudio Ciavarella resigned from the
board on May 15, 2006. We thank Claudio for his time and effort. Todd J.
Morgan has also been appointed Chief Executive Officer.
Armistice is a Canadian exploration company that owns the rights to a
mineral property located near Virginiatown, Ontario consisting of 34
contiguous patented mining claims and licenses of occupation totalling 484
hectares.
For further information please review Armistice's documents filed on
www.sedar.com or contact Armistice.
ARMISTICE RESOURCES CORP.
"Todd Morgan"
Todd Morgan
President, CEO and Chairman of the Board
For further information: Todd J. Morgan, (705) 642-3304,
info@armistice.ca