Gowest Amalgamated Resources Ltd.

Gowest Amalgamated Resources Ltd.

April 30, 2008 09:00 ET

New Management for Gowest

TORONTO, ONTARIO--(Marketwire - April 30, 2008) - After guiding the company which he formed, over 25 years ago, Mr. Ronald Bradshaw has resigned as President of Gowest (TSX VENTURE:GWA) effective April 30, 2008. Mr. Bradshaw will remain on the Board of Directors and will continue to advise the company in matters of economic geology. The board would like to thank Mr. Bradshaw for his many years of service as President & C.E.O. and look forward to his continued and valued input with the Board.

The company is pleased to announce that Mr. Gregory Romain will assume the role of President & C.E.O. effective May 1st, 2008. Most recently Mr. Romain was President & C.E.O. of a Canadian manufacturing company that sold consumable products exclusively to the global mining industry. Mr. Romain took the company public as an income trust in 2005 and with the regulation changes to the income trust sector the company was sold to a private equity group in 2007. Mr. Romain has been involved in the mining and mineral processing industry for over 20 years and will supplement the company's goal of transitioning the company from a purely exploration company towards a firm with producing assets with his knowledge of the industry and markets. oI am very pleased to have the opportunity to help grow and position the company to capture the continued global demand for metals,o stated Mr. Romain. He went on to say that he is strengthening the team and was opleased to have secured the services of Mr. Darren Koningen and Mr. Richard Adams as technical advisors to the company. Mr. Koningen, a metallurgical engineer, has over 15 years of global experience in the mining and metals industry and is well versed in all facets of the business from mineral process development through plant operations. Mr. Adams, a mining engineer, has an international track record in mining and most recently was Vice President (mining) where he led all engineering activities for a merchant bank with significant equity investments in 15 TSX-listed junior resource companies.

Mr. Bruce Del Guidice, a long time Director, announced at the annual meeting that he would not seek reelection on the board. The board would like to thank Mr. Del Guidice for his many years of service and contribution and wish him success in his future endeavors. Mr. Romain will assume the vacancy.

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

Contact Information

  • Gowest Amalgamated Resources Ltd.
    R.J. Bradshaw
    (519) 538-5858
    Gowest Amalgamated Resources Ltd.
    Gregory Romain
    (416) 817-4350
    Website: www.gowestamalgamated.com