Linear Metals Corporation

Linear Metals Corporation

December 10, 2007 10:04 ET

Linear Metals Announces New Appointments

HALIFAX, NOVA SCOTIA--(Marketwire - Dec. 10, 2007) - Linear Metals Corporation (TSX VENTURE:LRM) is pleased to announce, subject to TSX-Venture Exchange approval, the appointments of Mr. Brian MacEachen as President and Chief Operating Officer and Mr. Keith Abriel as Vice-President and Chief Financial Officer. The appointments will be effective in January 2008.

Brian MacEachen has served as the Vice-President and Chief Financial Officer of Linear Gold Corp. and Linear Metals Corporation since January 2004 and June 2006, respectively. Brian is an experienced mining executive with over 18 years of industry experience including senior positions with Franco-Nevada Mining Corporation and Aur Resources Inc. Brian worked with a team that successfully advanced exploration stage projects through to commercial production with involvement in directing the feasibility, engineering, project financing and construction related to the advancement of projects in both North America, and South America.

Keith Abriel is a Chartered Accountant and a CFA charterholder who brings to Linear over 12 years experience in financial management and reporting, corporate finance, treasury, strategic planning and human resources in a broad range of sectors, including the resource sector. Mr. Abriel joins Linear from PricewaterhouseCoopers LLP and has also worked with J.D. Irving, Limited and UBS AG. Mr Abriel has also been appointed as Vice-President and Chief Financial Officer of Linear Gold Corp.

"Brian MacEachen is an experienced industry executive who has been instrumental in the growth and development of Linear Gold and Linear Metals since 2004," commented Wade Dawe, Linear Metals' Chief Executive Officer. "His experience and expertise in developing and advancing projects will be beneficial and relevant as Linear Metals advances the Cobre Grande Copper-Molybdenum-Silver-Zinc Discovery and the KM61 Molybdenum-Copper Discovery. Brian's corporate development experience will be invaluable in executing Linear Metals' aggressive growth strategy and pursuit of new opportunities. Keith is also a welcome addition to Linear's executive team and will ensure that Linear's financial reporting and management continue to be well managed."

Brian MacEachen stated "I am extremely proud of Linear Metals' accomplishments since being spun-out from Linear Gold less than 18 months ago and I am very excited about the opportunity to lead Linear Metals through our next stage of accelerated growth. With two drill rigs operating at each of the Cobre Grande Copper-Molybdenum-Silver-Zinc Discovery in Mexico and the KM-61 Molybdenum-Copper Discovery in Ontario, a world class exploration team and an attractive capital structure, 2008 is sure to be a year of significant achievement for Linear Metals."

Wade K. Dawe, Chief Executive Officer

This news release contains "forward-looking statements". Such forward-looking statements, especially those that address resource quantities, grades, and contained metals, are generally made on the basis of estimation and extrapolation from a limited number of drill holes and metallurgical studies. Where the company expresses or implies an expectation as to future events or results, such expectation or belief is expressed in good faith and is believed to have a reasonable basis for the statement. However, forward-looking statements are subject to risks and uncertainties which could cause actual results to differ significantly from future results expressed or implied. These risks include, but are not limited to, metal price volatility, political and operational risks in the countries where we operate, and a degree of uncertainty in connection with evaluating a deposit until the deposit has been extensively drilled on closely spaced centres.

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

Contact Information

  • Linear Metals Corporation
    Investor Relations
    (416) 216-4708 or within North America at 1-866-376-7683