Artha Resources Corporation
TSX VENTURE : AHC

Artha Resources Corporation

March 08, 2011 06:30 ET

George Lim Joins the Board of Artha

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2011) - Artha Resources Corporation (TSX VENTURE:AHC)  is pleased to announce the appointment of George Lim to its Board of Directors. George is a Chartered Accountant with over 35 years of experience in accounting, finance, taxation and the audit of mining companies and other industries. Mr. Lim is currently the Chief Financial Officer of Dundarave Resources Inc. (TSX VENTURE:DDX) and is on the board of directors of Eurasian Mineral Inc. (TSX VENTURE:EMX). Until its recent takeover, in a transaction valued at in excess of $430 million, Mr. Lim held the position of Chief Financial Officer of Potash One Inc. (TSX:KCL). Mr. Lim was also the Chief Financial Officer of Energy Metals Corporation (NYSE-ARCA:EMU)(TSX:EMC) prior to its take-over in a transaction valued at $1.5 billion. Mr. Lim has been involved in numerous financings, mergers and acquisitions of public companies listed on TSX and NYSE. 

Artha President Todd McMurray states, "Mr. Lim's extensive experience in mining finance will be a valuable asset as the Company begins an aggressive exploration and development program in Argentina."

The Company also announces that pursuant to the Company's Stock Option Plan, it has granted 150,000 incentive stock options to at an exercise price of $0.35 per share, and expire on March 8, 2016.

Artha was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The Company's principle exploration target adjoins Silver Standards Pirquitas Mine, one of the largest primary silver mines in the world located in the province of Jujuy in NW Argentina. Artha is one of the largest mineral explorers in this region with over 2,100 square kilometers of properties prospective for silver, gold, base metals and rare earths.

On Behalf of the Board of Directors,

Todd McMurray, President

Neither TSX Venture Exchange 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.

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