Oro Mining Announces Replacement of Its Board of Directors
September 17 2012 - 8:30AM
Marketwired
Oro Mining Ltd. (TSX VENTURE:OGR) ("Oro Mining") announced today
that Richard Hall, Anthony Hawkshaw, Akiba Leisman and Cesar
Gonzalez have been appointed directors of Oro Mining effective
immediately. Concurrently, Ronald Ewing, Robert Kendrick and Stuart
Rogers have each resigned as a director.
Additionally, Oro Mining has announced that Richard Hall has
been appointed Chairman of Oro Mining's board of directors.
Richard "Ritch" J. Hall
Richard Hall brings over 35 years of mining, exploration and
development experience. He served as President and Chief Executive
Officer of Northgate Minerals from July 2011 until October 2011
when Northgate was acquired by AuRico Gold. From 2008 until 2011 he
held the position of Chairman of Grayd Resource Corporation when
Grayd was acquired by Agnico Eagle in December 2011. He also served
as a director and Chairman of the Special Committee of Creston Moly
during its acquisition by Mercator Minerals in 2011. From 1999 to
2008 he served as President and CEO of Metallica Resources Inc.,
where he was involved in all aspects of the company's development,
including the financing, construction and commissioning of the
Cerro San Pedro gold-silver mine in Mexico. In August 2008,
Metallica was part of a $1.6 billion merger with Peak Gold Ltd. and
New Gold Inc. to form what is now New Gold Inc. Previous to his
tenure at Metallica, Mr. Hall held senior management positions with
Dayton Mining Corporation and Pegasus Gold Corporation. Mr. Hall
holds a Bachelor and a Masters Degree in Geology and an MBA from
Eastern Washington University. He has also completed an Executive
Development Program at the University of Minnesota. Mr. Hall was
newly appointed a director of IAMGOLD on March 22, 2012.
Anthony "Tony" G. Hawkshaw
Anthony Hawkshaw is currently director, CFO and a founding
shareholder of Rio Alto Mining Limited. Mr. Hawkshaw was a
Chartered Accountant for 29 years and holds a Bachelor Degree in
Business Management from the Ryerson University in Toronto. Prior
to Rio Alto, Mr. Hawkshaw was the CFO of Pan American Silver and
Chariot Resources Limited, and he currently serves as Chairman of
the audit committee of Caza Gold. With more than 30 years'
experience in the mining industry in countries including Canada,
the United States, Mexico, Russia and Peru, Mr. Hawkshaw has
arranged numerous debt, equity and convertible debt financings with
institutional investors, commercial banks and multilateral lending
agencies.
Akiba J. Leisman
Akiba Leisman is currently a Vice President at Wexford Capital
LP which he joined in 2011. Prior to joining Wexford, he was a
Senior Analyst at Red Kite Capital Management for the Mine Finance
funds. Previously, he was an Associate at Standard Bank working in
the Structured Commodity Products and Mine Finance groups. Mr.
Leisman has an MBA from New York University, and a B.S. in Chemical
Engineering from Carnegie Mellon University.
Cesar N. Gonzalez
Cesar Gonzalez is currently an Analyst at Wexford Capital LP
which he joined in 2008. Previously he worked at Lehman Brothers as
an Analyst in the Private Equity Group. Mr. Gonzalez graduated from
the University of Southern California, where he earned a B.S. in
Business Administration.
About Oro Mining
Oro Mining is a publicly-listed company on the TSX Venture
Exchange with properties located in Sinaloa and Zacatecas, Mexico.
Oro Mining's priority is to advance its properties toward
production. The La Trinidad property, which hosts the Taunus gold
deposit, continues to be the priority focus of Oro Mining's
development activities. A complete NI 43-101 resource estimate and
preliminary economic assessment for the Taunus deposit can be found
at www.sedar.com or at www.oromining.com.
About Wexford Capital LP
Wexford is an SEC registered investment advisor with over $5.1
billion of assets under management. Wexford has particular
expertise in the energy/natural resources sector with actively
managed investments in oil and gas exploration and production,
energy services, mining, coal and related sectors.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Contacts: Oro Mining Ltd. Mimy Fernandez-Maldonado Corporate
Secretary 604-646-158mimy@oromining.com www.oromining.com