Pitchblack Resources Ltd. Appoints Fred Leigh as President and Chief Executive Officer
Mr. Leigh has been involved in the junior resource sector for more than 30 years and has had a significant role as founder, director and/or investor in many public companies. He is the President and Chief Executive Officer of Valencia Ventures Inc. and is also the founder and President of Siwash Holdings Ltd. ('Siwash'), a privately held company that for over 18 years has invested in early stage opportunities in the resource sector. Siwash was an early investor in successful companies including Wheaton River Minerals, Hathor Exploration and Blue Pearl Mining.
'The Board takes great pleasure in Fred's appointment and we look forward to his valuable contribution,' said Stan Bharti, Chairman. 'He will bring a strong capability to the management team and we have great confidence in his ability to lead the Company going forward.'
Mr. Leigh replaces Doug Currie who had been in the role since January 2010 and has resigned to focus on other business endeavors. The Board expresses its gratitude to Doug Currie for his contribution over the past year as President and wishes him success in his future endeavours.
About Pitchblack Resources Ltd.
Pitchblack has uranium, coal and gold assets in the Yukon Territory, Canada. The Company is currently reviewing the potential of these properties and may seek to sell its interest in the properties.
Forward-Looking Information
This press release contains 'forward-looking information' within the meaning of applicable securities legislation. Forward-looking information includes, but is not limited to, statements regarding management changes and the impact on the Company of these events. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters, future prices of mineral prices; and risks of the mining industry. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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Contacts:
Pitchblack Resources Ltd.
Frederic W.R. Leigh, President and Chief Executive Officer
416-861-5933
fleigh@forbesmanhattan.com