/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE U.S./
TORONTO, June 19 /CNW Telbec/ - Amazon Mining Holding Plc ("Amazon" or
the "Company") (AMZ: TSX-V) is pleased to announce the appointment of Mr. Jed
Richardson as Vice President Corporate Development.
Prior to joining Amazon Jed was a mining analyst with Cormark Securities,
focused on precious metals part of an 8 year career in mining research with
Cormark/Sprott Securities (5 years) and RBC Capital Markets (3 years),
covering precious and base metal equities of small and large capitalization.
Jed holds a Bachelor of Applied Science in Mining Engineering from the
University of Toronto.
Commenting on the new appointment, Amazon President & CEO Cristiano
Veloso said: "We are very pleased to have someone of Jed's reputation join the
Amazon team. Jed brings a wealth of experience in the mining equity capital
markets, and based in Toronto he will primarily be responsible for building
the profile and awareness of the Company in the international capital markets.
Furthermore, Jed's valuable technical expertise which he gained as a mining
analyst will be a great asset in shaping the Company's strategic vision going
forward so that we can maximize shareholder value".
Option Grant
------------
The Company has granted Mr. Richardson options to purchase 250,000 common
shares of the Company at an exercise price of $1.20 per share. The options
will vest over a period of two years and have an expiry five years from the
date of grant. The grant is subject to regulatory approval.
About Amazon
------------
Amazon is listed on the TSX Venture exchange and is a mineral exploration
company engaged in acquiring and developing gold exploration properties in
Brazil. Its strategic focus is to acquire projects with demonstrated potential
for hosting gold deposits and to define resources through exploration and
drilling campaigns.
On behalf of the Board of Directors of Amazon Mining Holding Plc.
Cristiano Veloso, President & Chief Executive Officer
-----------------------------------------------------
-------------------------------------------------------------------------
Cautionary Language and Forward Looking Statements
--------------------------------------------------
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
OR ACCURACY OF THIS RELEASE AND THE INFORMATION CONTAINED HEREIN. THIS
PRESS RELEASE CONTAINS CERTAIN "FORWARD LOOKING STATEMENTS", WHICH
INCLUDE BUT IS NOT LIMITED TO, STATEMENTS WITH RESPECT TO THE FUTURE
FINANCIAL OR OPERATING PERFORMANCE OF THE COMPANY, ITS SUBSIDIARIES AND
ITS PROJECTS, STATEMENTS REGARDING USE OF PROCEEDS, EXPLORATION
PROSPECTS, IDENTIFICATION OF MINERAL RESERVES, COSTS OF AND CAPITAL FOR
EXPLORATION PROJECTS, EXPLORATION EXPENDITURES, TIMING OF FUTURE
EXPLORATION AND PERMITTING, REQUIREMENTS FOR ADDITIONAL CAPITAL,
GOVERNMENT REGULATIONS OF MINING OPERATIONS, ENVIRONMENTAL RISKS,
RECLAMATION EXPENSES, TITLE DISPUTES OR CLAIMS, AND LIMITATIONS OF
INSURANCE COVERAGE. FORWARD LOOKING STATEMENTS CAN GENERALLY BE
IDENTIFIED BY THE USE OF WORDS SUCH AS "PLANS", "EXPECTS", OR "DOES NOT
EXPECT" OR "IS EXPECTED", "ANTICIPATES" OR "DOES NOT ANTICIPATE", OR
"BELIEVES", "INTENDS", "FORECASTS", "BUDGET", "SCHEDULED", "ESTIMATES" OR
VARIATIONS OF SUCH WORDS OR PHRASES OR STATE THAT CERTAIN ACTIONS, EVENT,
OR RESULTS "MAY", "COULD", "WOULD", "MIGHT", OR "WILL BE TAKEN", "OCCUR"
OR "BE ACHIEVED". FORWARD LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN
RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE THE ACTUAL
RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY
DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED
OR IMPLIED BY SAID STATEMENTS. THERE CAN BE NO ASSURANCES THAT FORWARD-
LOOKING STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND
FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SAID
STATEMENTS. ACCORDINGLY, READERS SHOULD NOT PLACE UNDUE RELIANCE ON
FORWARD-LOOKING STATEMENTS.
Readers are cautioned not to rely solely on the summary of such
information contained in this release and are directed to the complete
set of drill results posted on Amazon's website (www.amazonplc.com) and
filed on SEDAR (www.sedar.com) and any future amendments to such. Readers
are also directed to the cautionary notices and disclaimers contained
herein.
-------------------------------------------------------------------------
