Full Metal Zinc Ltd.
TSX VENTURE : FZ

Full Metal Zinc Ltd.

January 19, 2012 11:44 ET

Full Metal Zinc Appoints David Petroff as Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 19, 2012) - Full Metal Zinc Ltd. (TSX VENTURE:FZ) (the "Company" or "Full Metal Zinc") is pleased to announce that Mr. David Petroff has been appointed to the Board of Directors.

Mr. Petroff was recently the President and Chief Executive Officer of zinc producer Breakwater Resources. Mr. Petroff oversaw the sale of Breakwater Resources for over $660 million in August 2011. Prior to joining Breakwater, Mr. Petroff spent over 25 years as an Executive with a variety of mineral resource companies, including Denison Mines Limited, Cameco Corporation, and Centerra Gold Inc.

Mr. Petroff earned a Master of Business Administration (Finance) degree from the Schulich School of Business and a Bachelor of Mathematics degree from the University of Waterloo.

"We are pleased that David agreed to join the Full Metal Zinc Board. We look forward to the benefits stemming from the breadth and depth of his experience, as Full Metal Zinc focuses on growing its zinc exposure," commented Steve Hayes, President and CEO of Full Metal Zinc.

In connection with his appointment, the Company has granted Mr. Petroff 65,000 incentive stock options (the "Options"), exercisable at $0.21 per share. The Options are exercisable for a period of ten years from the date of grant with a vesting period of one quarter vesting every three months over the period of one year. The Options are subject to the policies of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

Steve Hayes, President and CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Full Metal Zinc Ltd.
    Kevin Stewart
    Investor Relations
    604-484-7855