August 29, 2008 16:00 ET
TORONTO, ONTARIO--(Marketwire - Aug. 29, 2008) - Southampton Ventures Inc. (TSX VENTURE:SV) ("Southampton") is pleased to announce the appointment of Mr. Mario Miranda as Chief Financial Officer of the Company effective September 2. Mr. Miranda will replace Mr. Errol Farr who was the Company's Chief Financial Officer since its initial public offering in 2004.
The Company also announces that Ms. Julie Lassonde-Gray, Vice-President Corporate Development, has left the Company to pursue other interests. Ms. Lassonde-Gray joined Southampton in October of 2007.
Southampton extends its thanks to Mr. Farr and Ms. Lassonde-Gray and wishes them best of luck in their future endeavours.
Mr. Miranda is a Chartered Accountant with approximately 20 years experience leading the financial operations and strategic planning for multinational resource, manufacturing and consulting services organizations. Most recently, he was Director of Financial Reporting at Kinross Gold Corporation. Mr. Miranda held senior positions with exploration and producing resource companies including, Pacific Stratus Energy, Bolivar Gold, Coalcorp Mining and MacDonald Mines Exploration, Lake Shore Gold Corp and International Nickel Ventures Corporation. Mr. Miranda is presently the Chief Financial Officer of WSR Gold Inc. Mr. Miranda holds a B.A in Economics from Concordia University and a Graduate Diploma in Public Accounting from McGill University.
Coincident with Mr. Miranda's appointment, he has been granted an option to purchase 50,000 shares of Southampton exercisable over a five-year period, at a price of $0.15 per share.
The appointment of Mr. Miranda and grant of stock options are subject to TSX Venture Exchange approval. ABOUT SOUTHAMPTON
Southampton is a mineral exploration company concentrating its efforts in the aggregation and cultivation of base metal mining projects. Southampton's mandate is to assemble advanced exploration properties and existing proven, indicated and probable resources that can be evolved through to bankable feasibility and economic production. Its current projects include its Horden Lake Copper-Nickel-PGE Deposit in Quebec; its option to earn up to a 100% interest in the Devonian shale hosted nickel-molybdenum-zinc-platinum group elements property known as the NiMo Project located in the Yukon, the Company's recent option on 12 claim blocks (6720 acres) with Noront on a mineral rich property in the McFaulds Lake 'Ring of Fire' 25 kilometres Northeast of the Eagle One Discovery and its Nigerien uranium concessions.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Southampton Ventures Inc.Mr. Paul Gorman(416) 768-6101Email: email@example.comWebsite: www.southamptonventures.com
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