Hillsborough Resources Limited
TSX : HLB

Hillsborough Resources Limited

July 31, 2008 15:58 ET

Hillsborough Announces Changes in its Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2008) - Hillsborough Resources Limited (TSX:HLB) is pleased to announce the addition of Mr. Craig Bushell to the Board of Directors of the Corporation effective July 1, 2008. Mr. Bushell has over 30 year's business experience and is a recently retired partner of PricewaterhouseCoopers LLP.

Mr. Winston Stothert has resigned his position as a director of the Corporation effective June 30, 2008. Mr. Stothert has served as a director and Chairman of the Board of the Corporation since November 23, 2000. "Mr. Stothert has done an excellent job leading the Corporation's Board of Directors for nearly 8 years and has been a significant contributor to the Corporation's growth and success in recent years. We wish him all the best in his future endeavours," stated David Slater, President and CEO of the Corporation.

Mr. Michael Fitch, QC has been elected by the Board to fill the role of Chairman of the Board. He has been a director of the Corporation for nearly 8 years and is a retired partner of the national law firm Fasken Martineau DuMoulin LLP. He is currently the chair of the Corporation's corporate governance committee and sits on several other corporate boards.

About the Corporation

Hillsborough Resources Limited is a coal mining company that operates the Quinsam underground thermal coal mine in Campbell River, British Columbia, serving the local and west-coast U.S. cement industry. The Company is a limited partner in the Peace River Coal Limited Partnership, which has substantial metallurgical coal properties both in production start-up and under development near Tumbler Ridge, British Columbia. In addition, the Company is developing the proposed Wapiti thermal coal mine in the same region. Hillsborough also holds the Bingay Creek metallurgical coal property located in the Elk Valley region of southeast British Columbia.

Contact Information

  • Hillsborough Resources Limited
    David Slater
    President & C.E.O.
    (604) 684-9288
    or
    Hillsborough Resources Limited
    Ian Kirk, C.A.
    C.F.O.
    (604) 684-9288
    (604) 684-3178 (FAX)
    Website: www.hillsboroughresources.com