SOURCE: Avatar Ventures Corp.
CARSON CITY, NV--(Marketwired - Oct 15, 2013) - Avatar Ventures Corp. (OTC Pink: ATAR) ("Avatar Ventures," "ATAR" or the "Company") is pleased to announce that it has appointed Mr. Edward Minnema, as President, CEO and Director of the Company.
Mr. Minnema is well known in the business community and has developed many contacts throughout North America, Europe, the Middle East and in the Caribbean. He has extensive connections in the high tech, mining and retail sectors of the economy. Mr. Minnema has been brought on to assist the Company in seeking out new and profitable business opportunities to enhance the Company and thereby increase shareholder value. Mr. Minnema has over the years run successful private businesses and has served in various capacities for numerous public companies.
Mr. Minnema commented, "I am looking forward to working from the ground floor and am confident that I will bring value to ATAR and its present and future shareholders. Despite the challenges the North American economy faces in many traditional areas of business, there are currently many exciting opportunities in the high tech sector that a public company such as ours, with a very advantageous share structure, may use to leverage those opportunities to benefit all. I would like to thank former management for stepping down so that I may lead the company in a new direction."
Safe Harbour Statement: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or planned, "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.