Post by
rjmale on Dec 08, 2008 4:13pm
GVG PR 8 Dec 2008
Grenville Gold attracts attention (again) with a Board appointment (although Gill added yet another 400,000 shares at the market last week):
. . . . . . .
Grenville Gold Appoints Brian Gusko to Board of Directors
Monday December 8, 3:58 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 8, 2008) - Grenville Gold Corporation ("Grenville" or "the Company") (TSX VENTURE:GVG - News; PINK SHEETS:GVLGF - News; FRANKFURT:F9I - News; WKN: A0KELU) announces it has appointed Mr. Brian Gusko, MBA as an independent Director.
Mr. Gusko brings significant mining and international business experience to Grenville. Over the past 5 years, he has been involved with numerous public companies in numerous roles including investor relations, and capital markets advisor. He is currently the CFO of UC Resources Ltd., an emerging producer of silver and gold in Mexico. He has also has been a research associate with the U.S. Department of Commerce at an embassy posting. He was also a student journalist at the United Nations (New York). More recently he worked for some the biggest international telecom and IT companies in the world at postings in Johannesburg, The Hague, and Tokyo. Mr. Gusko received a Bachelor of Arts in Biology (1990) from Carleton University, and an MBA from the University of Calgary (2003).
Grenville also announces that it has granted 750,000 incentive stock options exercisable at a price of $0.10, subject to a four-month hold period, for up to five years from the date of grant. These options are subject to vesting provisions in the Company stock option plan. In addition, the Board has accepted the resignation of Michael Kraft.
About Grenville Gold Corporation (www.grenvillegoldcorp.com)
Grenville's Silveria Silver-Zinc-Lead Copper Project covers a total of 6,187 Hectares and is located approximately 80 kilometers east of Lima, Peru near the town of San Mateo and 30 kilometers south-west of Peru Copper's Toromocho property and Pan American Silver's Morococha Mine. The Silveria claims encompass the high grade, past producing Pacococha, Millotingo, Silveria.
The 7,129 Hectare Espanola Copper-Gold Project is 100 kilometres southeast of Lima and hosts two high grade past producing mine and numerous underground workings. Results are consistent with the former producing Raul/Condestable Mines, located 15 kilometers west of Espanola.
On behalf of the Board of Directors,
A. Paul Gill, President & CEO
We Seek Safe Harbor.
All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission, the Ontario Securities Commission, and the Alberta Securities Commission.
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.