URSA Major Minerals Announces Appointment of Riyaz Lalani as Director
TORONTO, ONTARIO -- (Marketwire - Aug. 8, 2011) - URSA Major Minerals Incorporated ("URSA Major" or the "Company") (TSX: UMJ) is pleased to welcome Mr. Riyaz Lalani to the board of directors of URSA Major.
Amar Bhalla, URSA Major Chairman stated, "Riyaz is a welcome addition to our board of directors. He has had many years working with public companies on many different fronts and his expertise will continue to strengthen our company. He will bring to the Company an increased exposure in the market place and a solid understanding of Corporate Development and M&A transactions while we look to build URSA Major."
In his current role as COO at Kingsdale Shareholder Services Inc., Mr. Lalani oversees the execution of client engagements and manages internal operations. Prior to joining Kingsdale, Riyaz was employed by an international asset manager and worked in a variety of analytical, business development and operational roles, eventually heading up the overall research and operations efforts. Mr. Lalani also has experience within Canadian bank-owned investment dealers and is director of TSX-V listed TriNorth Capital.
The board of directors for URSA Major consists of: Amar Bhalla, Richard Sutcliffe, H. Ross Arnold, Trevor Anderson, Keeheum Shin, Maura Lendon, Martez R Moore and Riyaz Lalani.
About URSA Major Minerals
URSA Major is a Canadian mining company with a nickel mine and two nickel sulphide projects containing significant NI43-101 compliant nickel and copper reserves and resources. The Company is focused on demonstrating profitable operations at the Shakespeare Mine and growing its nickel, copper and platinum group metal (PGM) deposits through exploration and development, primarily in Ontario, Canada.
Address: 8 King Street East, Suite #1300, Toronto, Ontario, Canada M5C 1B5
Symbol & Exchange: UMJ – TSX
Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production.
This release was prepared by management of the Company who takes full responsibility for its contents. The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Contact Information
URSA Major Minerals Incorporated
Dr. Richard H. Sutcliffe
President and CEO
416-864-0615
URSA Major Minerals Incorporated
Alison Tullis
Manager of Investor Relations
416-864-0615
atullis@ursamajorminerals.com
www.ursamajorminerals.com