(via Thenewswire.ca)
VANCOUVER, BRITISH COLUMBIA / TheNewswire / December 18, 2015 - Telson Resources Inc. (TSX Venture - TSN) ("Telson" or the "Company") is pleased to announce the results of the first meeting (the "Board Meeting") of its new Board of Directors, which Directors were elected by shareholders at the Company's recent Annual General Meeting.
At the Board Meeting, the Directors appointed the following individuals as Executive Officers of the Company.
Chief Executive Officer Mr. Jose Antonio Berlanga Balderas
President Mr. Ralph Shearing
VP Corporate Development Mr. Enrique Margalef Vergara
Chief Financial Officer Mr. Donald Crossley
Corporate Secretary Mr. Ralph Shearing
Profiles of the new Officers appointed by the Board of Directors are presented below.
Jose Antonio Berlanga Balderas is a Mining and Metallurgical Engineer with 37 years of experience in evaluation, design, planning, engineering, construction and operation of mining and metallurgical units. He is currently President and CEO of Reyna Minas S.A. de C.V., a Mexican company, founded in 2001, formed by Mexican professionals with extensive experience and skills in the development and operation of mining projects through the application of technology and high optimization methods in extracting minerals. Some of the projects that Antonio, through Reyna Minas, has participated include: El Oro in the State of Mexico, La Negra in Queretaro and Altiplano Goldsilver in San Luis Potosi, among others. He has also promoted important mining assets with Canadian companies, the last two being the Morelos Sur and El Barqueno projects with Cayden Resources. Mr. Berlanga is fluent in both Spanish and English.
Enrique Margalef Vergara is a former investment banker with 10 years of experience in mergers and acquisitions, financial valuations, evaluation of investment projects, analysis of financial statements and cash flow management. He has performed business valuations and analysis of investment projects for Mexican and transnational companies in the mining industry, training/education industries, payments industry and hardware industry. During his professional career, 5 years have been dedicated specifically to the mining industry, having been a partner at Candiani Mining investment bank for three years. Additionally, he managed the investments of Vander Capital Partners private equity fund for the acquisition and exploration of two early stage exploration projects before moving to Vander Mining, a Vander Capital Partners subsidiary, as a partner. Mr. Margalef is fluent in both Spanish and English.
The Company's Board of Directors also appointed the following Directors to serve as members of the various committees.
Audit Committee
Human Resources & Compensation Committee
ON BEHALF OF THE BOARD OF DIRECTORS
(signed) "Ralph Shearing"
Ralph Shearing, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
WARNING: The Company relies upon litigation protection for "forward-looking" statements. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of up-coming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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