HALIFAX, NOVA SCOTIA--(Marketwire - Dec. 3, 2012) - Colin J. MacDonald, President and CEO of Atlantic Industrial Minerals Incorporated ("AIM" or the "Company") (TSX VENTURE:ANL.H) is pleased to announce:
Appointment of New Directors
The Board of Directors is pleased to welcome Brett Richards and Don Dudek as directors of the Company.
Brett Richards, EMBA (Cornell) has over 25 years of experience in the mining and metals industry, and brings a background of developing advanced gold projects. Most recently, he served for two years as CEO of Avocet Mining while serving on the boards of Avocet Mining PLC and Wega Mining ASA and three mining entities in South East Asia. Mr. Richards has extensive resource company experience within the financial communities in Canada, United States and the United Kingdom.
Don Dudek, B.Sc. Geology (honors) University of Saskatchewan, is an exploration geologist with over 30 years of professional experience. He is currently Senior Vice President Technical Services for Endeavour Mining Corp. Mr. Dudek served as Senior Vice President of Exploration for Avion Gold Corporation from 2008 through 2012. He also served in progressive roles with Aur Resources Inc., a mid-tier copper mining and exploration company, from 1996 to 2007 culminating as Exploration Manager of the North & Central America Division. Mr. Dudek is currently the Chairman of the Board for Alder Resources Ltd., an exploration company active in Nicaragua, and a member of the board of Sulliden Gold Corp., a development company with an advanced project in Peru.
AIM wholly owns Glencoe Resources Inc. which holds the 1425 hectares Glencoe carbonate property, and directly owns the 448 hectares Kewstoke carbonate property, both located in Cape Breton, Nova Scotia.
AIM holds under option a 100% interest in the 14,000 hectares Reefton Gold Project in South Island, New Zealand.
On behalf of the Board
Colin J. MacDonald
President & CEO
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.
Neither the NEX 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.