Eskay Mining Announces Appointment of Carmelo Marrelli as CFO and Retains Investor Relations Services Inc.
TORONTO, ONTARIO -- (Marketwire) -- 09/13/11 -- ESKAY MINING CORP. ('Eskay' or the 'Corporation') (TSX VENTURE: ESK)(FRANKFURT:878 985)(BERLIN:878 985) is pleased to announce that Mr. Carmelo Marrelli has been appointed as Chief Financial Officer of the Corporation and it has retained the services of Investor Relations Services Inc. ('IR.INC.') and its Principal, Joanne C. Jobin, to handle its investor relations activities, both subject to acceptance by the TSXV Venture Exchange.
Carmelo Marrelli holds a Bachelor of Commerce degree from the University of Toronto and is qualified as a Chartered Accountant and as a Certified General Accountant in Canada. In addition to acting as the Corporation's Chief Financial Officer, Mr. Marrelli has been a principal of Marrelli Support Services Inc., a firm providing administration services to Canadian public companies, since February, 2009 and, prior to February, 2009, a partner with Marrelli & Drake Corporate Services (formerly Duguay & Ringler Corporate Services) (a firm providing administration services to Canadian public companies). Mr. Marrelli also serves as the Chief Financial Officer of several publicly-listed junior mining companies and as a director of Odyssey Resources Limited.
Mr. Marelli replaces Bryon Sivert as C.F.O. who has resigned to focus his attention on other endeavors. The directors would like to express their appreciation to Mr. Sivert for his past service.
Eskay also welcomes Joanne C. Jobin of IR.INC. IR.INC. is a Toronto based firm and Ms. Jobin, has over 20 years of experience in the industry. Both IR.INC. and Ms. Jobin are arm's length to the Corporation. Ms. Jobin has worked in the natural resources sector and managed the investor relations, corporate affairs and communications programs for a number of publicly trading companies including J.P. Morgan & Co. (Canada), Canadian Tire Corporation, and HEPCOE Credit Union. From 1996 to 2002, Ms. Jobin was Director of Investor Relations for IAMGOLD Corporation. Most recently, Ms. Jobin was Vice President of Corporate Communications for Noront Resources Ltd.
In consideration of the services to be provided, the Corporation has agreed to a 12-month agreement starting September 1st, 2011 and to pay a monthly retainer of $3,100 a month to IR.INC. IR.INC will, among other things, attend meetings with key executives, assist in developing a marketing and investor relations plan for the Corporation and manage the day to day office functions of the Corporation.
Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words 'may', 'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
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.
Contacts:
ESKAY MINING CORP.
Mac Balkam
CEO/ President and Director
416-907-4020