Georgetown Capital Corp.

Georgetown Capital Corp.

October 06, 2010 21:22 ET

Georgetown Capital Corp. Announces Changes to the Company's Management

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 6, 2010) - Georgetown Capital Corp. (TSX VENTURE:GET.P) ("Georgetown" or the "Company"), a Capital Pool Corporation, is pleased to announce the appointment of Mr. Tony Ricci to the position of Chief Executive Officer replacing Mr. Hani Zabaneh who will continue as a director of the Company.

Tony Ricci is a chartered accountant with over 20 years of practice experience, mainly with public companies listed on Canadian and U.S. stock exchanges. Mr. Ricci is currently CFO of Keegan Resources Inc. (TSX: KGN, NYSE: KGN). He was formerly a director and CFO of Norsemont Mining Inc., and CFO of both Petaquilla Minerals Ltd. and Petaquilla Copper Ltd., companies with a combined market capitalization approaching $1 billion. He is also a former director and officer of various other listed companies and was formerly with KPMG and AMEC Engineering Inc.

The Company is delighted that Mr. Ricci with his expertise in the mining industry will lead the Georgetown team and also wishes to thank Mr. Zabaneh for his diligent service to the Company over the past years.

Neither the 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.

Contact Information

  • Georgetown Capital Corp.
    Ivan Bebek
    (604) 683-8193