EXMIN Resources Inc.

EXMIN Resources Inc.

July 03, 2009 09:30 ET

EXMIN Announces New Appointments to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 3, 2009) - EXMIN Resources Inc. ("EXMIN") (TSX VENTURE:EXM) is pleased to announce that Robert E. Partarrieu and William S. Aldrich have been appointed to the Board of Directors of EXMIN.

Mr. Partarrieu earned his BA and MA in Economics from George Mason University, Fairfax, Virginia and has taken Ph.D. courses in Economics from Georgetown University, Washington DC, USA. For more than 15 years, Mr. Partarrieu has advised top private mining companies and government officials on current economic and country risk issues and has personal experience negotiating mining exploration and acquisition contracts in Chile and other Latin American countries.

Fluent in English, Spanish and French, Mr. Partarrieu served as Commercial Officer for the Canadian Embassy and assisted Canadian companies investing in Chile with political/country risk analysis and investment assessment. He performed liaison duties for companies to government officials, lawyers, accountants, etc., and helped his clients set up foreign offices. Mr. Partarrieu organized and led Chilean delegations, including the Minister and Deputy Minister of Mines and top private and public mining company executives, to trade shows and meetings with Canadian officials.

Mr. Partarrieu served as Business Development Manager for Yorkton Securities and participated with the President in his first tour through five countries in South America and arranged meetings with Ministers and top business executives. He concurrently identified and negotiated mining contracts for clients.

As a consultant, Mr. Partarrieu has worked with various Canadian and US mining companies to help them set up and run their operations in Chile. He has also conducted market studies for various clients and analyzed the industry and his clients' relative market positions vs. competitors, recommending strategic plans and growth opportunities.

Mr. Aldrich earned his BA from Lake Forest College and his MBA from the University of Chicago. His professional experience includes over twenty-five years in the financial services industry, including banking, insurance and brokerage. Mr. Aldrich holds several securities and insurance licenses, including a series 6, 7, 63 and 65, as well as his insurance license.

Mr. Aldrich held various senior management positions in the banking industry before entering the brokerage industry. Mr. Aldrich left the securities industry in 2006 to devote more time to mining finance and has served, since February, 2007, as President, Chief Executive Officer and Director of Grand Central Silver Mines.

"We are pleased to have Messrs. Partarrieu and Aldrich join EXMIN's Board. Their combined experience in corporate and project finance, mining operations and management of public mining companies will be beneficial skill sets to augment the current Board of Directors, as EXMIN focuses on advancing the Company's projects in an improving market environment," stated Co-founder and President & CEO, Mr. Karl J. Boltz.

The appointments of Messrs. Partarrieu and Aldrich follow the resignation of Messrs. Vaughn MacLellan and Jeffrey Dawson. Mr. Dawson brought invaluable experience and advice to EXMIN Management since the Company went public in April, 2005. Mr. MacLellan joined the Board in November, 2008, and has helped guide EXMIN through a challenging period. The Board of EXMIN wishes to thank Messrs. Vaughn MacLellan and Jeffrey Dawson for their very valuable contribution during the last four years and looks forward to their continued advisory support in the future.

The Board has also appointed Messrs. Partarrieu and Aldrich to the Audit Committee of EXMIN.


EXMIN Resources Inc. is currently focused on the exploration and development of precious metal properties of significant merit in the Sierra Madre gold belt of Northwestern Mexico.

Note: EXMIN Resources Inc. (EXMIN) has taken all reasonable care in producing and publishing information contained in this news release. Material in this news release may still contain technical inaccuracies, omissions or typographical errors, for which EXMIN assumes no responsibility. This news release may include certain "forward-looking statements" including but not limited to comments regarding predictions and projections. All statements, other than statements of historical fact, included in this news release, including, without limitation, statements regarding potential mineralization, exploration results, and future plans and objectives of EXMIN, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in documents filed from time to time with the regulatory authorities.

The TSX Venture Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news release.

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