March 07, 2011 08:00 ET

ASPA Gold Corp. Announces the Appointment of World Class Mining Finance Executives to the Board of Directors

RANCHO MIRAGE, CA--(Marketwire - March 7, 2011) - ASPA Gold Corp. (OTCBB: RENS) is pleased to announce the immediate appointment of two world class mining and finance Executives to its Board of Directors. These Board appointments of Mr. Peter Cronshaw and Mr. Ted Blom now position ASPA Gold Corp. to aggressively, cost effectively and scientifically develop its existing Gold Properties.

Mr. Peter Cronshaw has had a very remarkable 40 year career with extensive management and mining experience whilst serving on the boards of many major and junior mining and financial companies. Mr. Cronshaw has had extensive corporate and management experience with his specific skills being in strategic planning, investment research, mineral property valuation, due diligence investigations, feasibility studies, marketing and corporate communications within the Mining and Financial Services Sectors. Mr. Cronshaw makes frequent appearances on financial television programs and is quoted by major financial publications as an expert in both the finance and mining sectors. Mr. Cronshaw is also a qualified Geologist and Geochemist.

Mr. Ted Blom has had a distinguished career with a vast experience in mining and energy with his special expertise in commercial transactions and business development. Mr. Blom has been involved with some of the world's largest energy and mining deals and has helped to raise billions of dollars through various financing mechanisms for major mining projects throughout the world. Mr. Blom is frequently interviewed on television, radio and the press in his capacity as an independent expert advisor in mining and energy. Mr. Blom is now a strategic advisor and consultant to global hedge funds and private equity funds on investments in energy and mineral plays. Mr. Blom has consulted and explored projects and proposals involving most minerals found on the African Continent, including Gold, Nickel, Silver, Platinum, Manganese, Aluminum, Coal, Graphite, Diamonds, Titanium and Chromium.

ASPA Gold Corp. is filing a Form 8-K today in respect of these appointments to its Board of Directors and this filing contains the very detailed resumes of both Mr. Peter Cronshaw and Mr. Ted Blom.

Ron Lowenthal, ASPA Gold Corp. CEO, said, "We are extremely proud to announce the appointments of such a prestigious management team to the Board of Directors of our Company. I believe that is truly remarkable for an emerging mining company to have the skills and experience of such talented professionals to draw upon." Ron Lowenthal added, "To have a world class company, you need a world class team and that is what ASPA Gold Corp. has achieved."

ASPA Gold Corp. has accepted the resignations of Messrs Pummill, Wolin and Arthun from its Board of Directors as it now exclusively focuses on its recently acquired Gold Exploration and Mining interests.

About ASPA Gold Corp.: ASPA Gold Corp. is an emerging U.S. based Gold Mining and Exploration Company focused on an aggressive development and production plan for its wholly owned claims and mines situated on over 3,600 acres and compromising of 44 claims and 22 historic Gold Mines located in the historic Oatman mining district of northwest Arizona. The Oatman district is a well known gold producing area in the heart of the famous Walker Lane Gold Trend which, before the shutdown of operations in WWII, produced more than 3.8 million tons of ore and 2.2 million ounces of gold. ASPA Gold Corp. is committed to the rapid extraction from the extensive tailings and dumps and evaluating the in-ground mineralization which is prolific on the company's properties. ASPA Gold Corp. is a North American Gold & Minerals Fund (PINKSHEETS: NMGL) Group Company. North American Gold & Minerals Fund owns 71.38% of the outstanding shares of ASPA Gold Corp. Common Stock.

Forward-Looking Statements: The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While ASPA Gold Corp. believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than any of those indicated in the forward-looking information contained herein.

Contact Information


    Ronald Y. Lowenthal
    Telephone: (760) 660-4804
    E Mail: Email Contact

    Investor Relations Contact:
    Global Media and Corporate Relations
    David King
    Telephone: (407) 403-6670
    E Mail: Email Contact