Mr. Victor Goncalves reports
OSISKO MINING CORPORATION VICE PRESIDENT OF LEGAL AFFAIRS Threegold Resources Inc. has appointed Andre Le Bel as a member of the board following the annual general meeting held on May 31, 2011. The shareholders approved all motions put forth at the meeting and ratified the stock option plan. The incumbent directors of Threegold, Victor Goncalves, Antoine Fournier, Octavio Soares and Richard Tanguay, were re-elected for the coming year.
Mr. Le Bel has been the vice-president, legal affairs, and corporate secretary of Osisko Mining Corporation since November, 2007. From 1997 to November, 2006, he held the position of senior legal counsel for Cambior Inc. and he was promoted to vice-president, legal affairs, of Iamgold Corp. following the acquisition of Cambior by Iamgold in November, 2006. Mr. Le Bel is also a director of RedQuest Capital Corp., a capital pool company.
President and chief executive officer of Threegold, Victor Goncalves, remarked: "Mr. Le Bel is a welcomed addition; we are excited about the experience and depth Mr. le Bel will add to the current board and company."
The company also wishes to announce that in accordance with its stock option plan 1.7 million options priced at 29 cents have been granted to directors, consultants and employees of the company. The options have been granted in accordance with the terms of the company's 10-per-cent rolling stock option plan and the policies of the TSX Venture Exchange.