Waymar Resources Ltd.
TSX VENTURE : WYM

Waymar Resources Ltd.

February 12, 2010 17:17 ET

Waymar Resources Ltd. Announces New Director and Officer Appointments

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 12, 2010) - Waymar Resources Ltd. ("Waymar") (TSX VENTURE:WYM) is pleased to announce that Mr. Steven Mintz has been appointed as the new President and Chief Executive Officer of Waymar and Mr. Gerry Feldman has been appointed as the new Chief Financial Officer of Waymar. 

Mr. Mintz has served as President of St. Germain Capital Corp., a Toronto-based consulting company since 1998, and as President of Carex Capital Corp., a consulting company providing services to charitable organizations, since 2008. Mr. Mintz currently also serves as a director of Brownstone Ventures Inc. (TSXV:BWN) and as a director of Carlisle Goldfields Limited, and has previously served as a director and/or officer of various other public companies including Bridgeport Ventures Inc. (TSXV:BPV), Fareport Capital Inc. (TSXV:FPC), Carma Financial Services Corporation (TSXV:CFS) and E21 Group Inc. (TSX: YEP). Mr. Mintz holds a Chartered Accountant designation, as well as a B.A. in Economics and Accounting from the University of Toronto.

Until joining Waymar, Mr Feldman has been a partner of a number of public accounting firms since 1991 specializing in audits of public companies and brokerage firms. He is currently the Chief Financial Officer of Brownstone Ventures Inc (BWN- TSX-V) and a director of a number of other listed companies including Pinetree Capital Inc. ( PNP- TSX).

In other news, Waymar is also pleased to announce that Messrs. David Schmidt, Howard Hanick and Gerry Feldman have been appointed as directors of Waymar to fill casual vacancies resulting from the resignations of Messrs. Rowland Perkins, Kurt Bordian and J. Stephen Barley from the board. 

Mr. Schmidt completed his Bachelor of Applied Science (Mining) at the University of British Columbia in May 2000 and since then has been working as a self-employed consultant to mineral exploration companies. He assists with financings, corporate and financial disclosure and corporate development. Mr. Schmidt is also currently a director and the President of Newmac Resources Inc (TSX-V: NER), a director and Chief Executive Officer of GFE Capital Corp (TSX-V: GFC), a director of Tova Ventures Inc. (TSX-V: TOV.P), and Sieger Capital Management Ltd. (TSX-V: SIE.P).

Mr. Hanick most recently served as a consultant to St. Joseph Content, responsible for acquisition integration. From 2003 to 2008 Mr. Hanick was the President and owner of CMI Canada Inc., a full service content creation company specializing in retail flyer production and catalogs. From 2001 to 2003, Mr. Hanick served as Chief Financial Officer of Communicorp Corp. (CUC;TSX). Mr. Hanick has previously served as an officer and director of several public companies including Pinetree Capital Corp (PNP;TSX) and Brownstone Ventures Inc (BWN; TSXV) from 1993 to 1999. Mr. Hanick holds a Chartered Accountant designation, as well as a B.A. in Commerce from the University of Toronto.

The director and officer appointments noted above remain subject to TSX Venture Exchange approval. At this time, Waymar also wishes to extend its best wishes to outgoing President, Chief Executive Officer and director J. Stephen Barley, outgoing Chief Financial Officer Kathleen Butt, and outgoing directors Rowland Perkins and Kurt Bordian, and wishes to thank each of them for their contributions to Waymar.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Waymar Resources Ltd.
    Gerry Feldman
    1131a Leslie Street, Suite 201
    Toronto, ON M3C 3L8