Gee-Ten Ventures Inc.
TSX VENTURE : GTV

Gee-Ten Ventures Inc.

August 20, 2007 17:13 ET

Gee-Ten Ventures Announces Appointment of Malcolm Swallow to its Board of Directors

LAVAL, QUEBEC--(Marketwire - Aug. 20, 2007) - Gee-Ten Ventures Inc. ("Gee-Ten" or the "Company") (TSX VENTURE:GTV) announced today the appointment of Mr. Malcolm J.A. Swallow, B.Sc.(Hons) Mining Engineering, FIMMM, P.Eng. to its board of directors as well as the resignation of Mr. Francois Segleski.

Mr. Swallow is currently the Chairman, Chief Executive Officer and Director of La Quinta Resources Inc (TSX VENTURE:LAQ). Mr. Swallow has spent the last 30 years gathering mine construction and operating experience. He is knowledgeable and experienced in both precious and base metals, while at the same time managing the corporate affairs of a number of London and Toronto listed companies. He has extensive experience in evaluation and development of operations from green fields' sites through exploration, planning, permitting, feasibility and financing, to construction into production, whilst integrating the mining operations into non-mining communities.

Acting Gee-Ten President Lawrence Moroz, said: "We are delighted to welcome Mr. Malcolm Swallow to the Gee-Ten's board. His extensive knowledge of the mining industry, particularly with respect to the Democratic Republic of Congo, constitutes a major asset for Gee-Ten and will greatly assist the Company in its activities in Congo and elsewhere."

In addition, subject to regulatory approval, Gee-Ten has granted a total of 250,000 incentive stock options to Mr. Swallow. The options have been granted under the Company's stock option plan and are exercisable at $0.185 per share until August 10, 2010 or within 90 days of the termination of the optionee's position with the company.

Gee-Ten also wishes to announce that, contrary to Gee-Ten's previous news release dated June 4, 2007, Mr. Florent Baril has not and will not serve as Vice-President Exploration of Gee-Ten. As such, Mr. Baril and Mr. Swallow will each be deemed to be independent directors as defined by applicable securities law and will both serve on the Company's audit committee.

ABOUT GEE-TEN VENTURES

Gee-Ten is a junior mining exploration company engaged in acquiring and exploring mineral properties in the province of Quebec, the state of Nevada and parts of Africa.

FORWARD-LOOKING STATEMENTS:

Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

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

Contact Information

  • Gee-Ten Ventures Inc.
    Me Lawrence Moroz
    450-622-6626
    450-622-8292 (FAX)