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Post by
moe4on Sep 04, 2007 10:37am
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Post# 13338614
News >>> Louis Gignac >>> B/D
News >>> Louis Gignac >>> B/DST. ANDREW GOLDFIELDS
Adios M4
St Andrew Announces Appointment of Louis Gignac to Its Board of Directors
9/4/2007
OAKVILLE, ONTARIO, Sep 04, 2007 (MARKET WIRE via COMTEX News Network) --
St Andrew Goldfields Ltd. (TSX: SAS) ("St Andrew") is pleased to announce that Louis Gignac, D.Eng. has been appointed to its Board of Directors. Louis is well known internationally in the mining industry where he served since 1986 as President and CEO of Cambior Inc., a mid-tier gold producer with operations in Canada and South America until it was acquired by IAMGOLD Corporation in November 2006.
The Chairman of St Andrew, Herbert Abramson, said, "The St Andrew Board looks forward to benefiting from Louis' substantial mining and operating experience and good judgment."
Jacques Perron, who will become St Andrew's new President and CEO on October 1, said, "I look forward to being reunited on the St Andrew's team with Louis Gignac, with whom I worked in operations for many years at Cambior Inc.. He is an outstanding mining executive and I welcome his presence on the Board of our Company."
Louis Gignac said, "I am delighted to join the Board of St Andrew at this exciting time in its development as it transitions into a producer with excellent assets and infrastructure in politically secure jurisdictions."
St Andrew is a gold mining and exploration company with operations in Timmins, Ontario and Alaska, USA. St Andrew controls a very large land position in the Timmins Mining Camp, an extensive land position at Eskay Creek in northern British Columbia and land positions around Nixon Fork in the Kuskokwim-Tintina Mining Camp in Alaska. St Andrew also holds an approximate 50.2 % equity interest in New Zealand based gold explorer, Glass Earth Limited and a significant equity interest in Apollo Gold Corporation.
For further information about St Andrew Goldfields Ltd., please contact Investor Relations at (416) 368-3116 or toll-free at 1-800-463-5139 or email investor@standrewgoldfields.com.