– CANADA, Ottawa – UrbanGold Minerals Inc. (TSXV:UGM) announces that Trevor Richardson has indicated his intention to resign as Chief Executive Officer and a director of the Company, Laurie Meloche has resigned as Vice-President, Corporate Development and a director of the Company, and Peter Cashin has resigned as a director of the Company.
Sabino Di Paola, Chief Financial Officer, Secretary and a director of the Company, has been appointed as Interim Chief Executive Officer until such time that a new Chief Executive Officer is appointed.
In addition, Dale Burstall has been appointed as a director of the Company.
The Company wishes to thank Mr. Richardson, Ms. Meloche and Mr. Cashin for their services, in particular for their efforts in connection with the Company’s initial public offering, and wishes them success in their future endeavors.
UrbanGold is incorporated under the federal laws of Canada and has its principal office in Ottawa, Ontario, Canada. The Company is engaged in the evaluation, acquisition and exploration of mineral properties in Canada, and its current focus is Quebec. The Company plans to ultimately develop the properties, bring them into production, option or lease the properties to third parties, or sell the properties outright. The Company has not determined whether these properties contain mineral reserves that are economically recoverable, and the Company is considered to be in the exploration stage.
For more information : http://www.urbangoldminerals.com
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