Belvedere Resources Ltd.

Belvedere Resources Ltd.

December 03, 2009 20:07 ET

Belvedere Announces Change in CFO and Establishment of Committees

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2009) - Belvedere Resources Ltd. (TSX VENTURE:BEL) ("Belvedere") announces that John Thomson has resigned as Chief Financial Officer (CFO) of the Company. John will remain as a non-executive director of the Company. Steven Cuthill currently the Secretary and Financial Controller of the Company has been appointed as the new CFO.

David Pym CEO states "On behalf of the management and the board I would like to thank John for his efforts. The Company will still be able to benefit from his experience through his continued participation on the board. I would also like to congratulate Steve on his new appointment."

The Company has also established a remuneration committee and a safety committee. Both of these committees are comprised of three board members and the remuneration committee is fully independent. The remuneration committee members include directors David Harry Dobson, Markku Isohanni and Charles Donald. The safety committee members include Markku Isohanni, David Pym and Toby Strauss.

About Belvedere:
Belvedere Resources Limited is a Canadian incorporated mining company with a focus on gold in Finland. The company has a considerable portfolio of advanced gold properties in Finland and plans to use the extensive mining experience developed in the company to rapidly progress these towards production.

Forward Looking Statement:
Some of the statements contained herein may be forward-looking statement, which involve known and unknown risks and uncertainties. Without limitation, statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. It is important to note that the Company's actual results could differ materially from those in such forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this release.

Contact Information

  • Belvedere Resources Ltd.
    David Pym
    (604) 844-2838
    Belvedere Resources Ltd.
    Toby Strauss
    (604) 844-2838
    Belvedere Resources Ltd.
    Suite #404, Vancouver World Trade Centre, 999 Canada Place
    Vancouver. BC. V6C 3E2, Canada