U.S. Silver Appoints Christopher J. Hopkins Chief Financial Officer
US Silver Corporation (TSX-V: USA, OTCQX: USSIF, Frankfurt: QE2)
('US Silver? or 'the Company?) is pleased to announce the appointment of
Christopher J. Hopkins as the Company's new Chief Financial Officer
(CFO). Mr. Hopkins most recently served Excellon Resources Inc. as Chief
Financial Officer. He comes to U.S. Silver with a Master of Business
Administration Degree from York University, a Bachelor of Commerce from
the University of Toronto, Victoria College and a Chartered Accountant
designation from the Canadian Institute of Chartered Accountants. Mr.
Hopkins has twenty-five years of experience in financial planning and
analysis, accounting, financial reporting, and corporate finance. This
includes seven years of combined experience as a Chief Financial Officer.
President and CEO, Tom Parker, stated, 'We are excited about having
Chris join our management team. His experience and knowledge of the
mining business and silver in particular will bring considerable value
to U.S. Silver.?
Mr. Hopkins will be responsible for providing executive leadership and
oversight to U.S. Silver in the following areas: financial reporting and
disclosure, securities regulatory compliance, treasury management, and
strategic support. Additionally, he will be assisting with investor
relations and strategic planning.
Mr. Hopkins has been granted, pursuant to the share option Plan of the
Company, options to purchase up to 750,000 common shares of U.S. Silver.
The options are priced at $0.225 per share and expire 5 years from the
date of issue or thirty days from the termination of the agreement
between U.S. Silver and Mr. Hopkins. Such options are subject to the
terms and conditions of the Plan, certain vesting provisions, and the
policies of the Exchange.
The Company would like the thank Mr. Joseph Rauhala for his years of
dedication and service as our former CFO.
ABOUT U.S. SILVER CORPORATION
U.S. Silver, through its wholly owned subsidiaries, owns and operates
the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in
Shoshone County, Idaho, with the Galena mine being the second most
prolific silver mine in US history. Total silver production from U.S.
Silver's mining complex has exceeded 217 million ounces of silver
production since 1953. U.S. Silver controls a land package now totaling
approximately 14,000 acres in the heart of the Coeur d'Alene Mining
District. U.S. Silver is focused on expanding the production from
existing operations as well as exploring and developing its extensive
Silver Valley holdings in the Coeur d'Alene Mining District.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Certain information in this press release may contain
forward-looking statements. This information is based on current
expectations that are subject to significant risks and uncertainties
that are difficult to predict. Actual results might differ materially
from results suggested in any forward-looking statements. The Company
assumes no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those reflected
in the forward looking-statements unless and until required by
securities laws applicable to the Company. Additional information
identifying risks and uncertainties is contained in filings by the
Company with the Canadian securities regulators, which filings are
available at www.sedar.com.
US Silver Corporation
Tom Parker, CEO, 208-752-0400