Glamis Resources Ltd.
TSX VENTURE : GLM.A
TSX VENTURE : GLM.B

Glamis Resources Ltd.

March 03, 2008 09:15 ET

Glamis Appoints New Director

CALGARY, ALBERTA--(Marketwire - March 3, 2008) - Glamis Resources Ltd. ("Glamis" or "the Company") (TSX VENTURE:GLM.A) (TSX VENTURE:GLM.B). Brent McKercher, President and CEO is pleased to announce the appointment of Mr. Allen Emes to the Board of Directors of Glamis. Mr. Emes has spent the past thirteen years as a securities industry professional specializing in Corporate Finance, with an emphasis on oil and gas financing and advisory assignments. Immediately prior to entering the investment business, Mr. Emes spent 15 years as a senior officer with two intermediate sized oil and gas companies, initially in both cases as Vice President, Corporate Development and then as Chief Financial Officer. As a member of the Alberta Institute of Chartered Accountants, Mr. Emes spent five years as a tax specialist at two international firms with an emphasis on oil and gas and cross border taxation. Mr. Emes holds a BA from the University of Calgary and an MBA (Finance) from the University of Oregon. Mr. Emes currently serves on the Board of Directors for Zapata Energy Corp. and is an independent businessman. In connection with his appointment to the Board of Directors of Glamis, Mr. Emes was granted 56,667 stock options to purchase Glamis Class A shares at a price of $1.30.

Glamis Resources Ltd. is a junior oil and gas company formed to generate and develop its own prospects, acquire oil and gas properties and participate with joint venture partners in oil and gas exploration and development in the Western Canadian Sedimentary Basin. The Company's Class A shares and Class B shares trade on the TSX Venture Exchange under the symbols GLM.A and GLM.B. The company currently has 14,786,655 Class A shares and 922,500 Class B shares outstanding.

Forward-Looking Statements: This news release contains statements about future events that are forward looking in nature and, as a result, are subject to certain risks and uncertainties such as changes in plans or the occurrence of unexpected events. Actual results may differ from the estimates provided by management. Furthermore, the forward looking statements contained in this news release are made as at the date of this news release and Glamis does not undertake any obligation to update publicly or to revise any of the included forward looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Contact Information

  • Glamis Resources Ltd.
    Mr. Brent McKercher
    President & Chief Executive Officer
    (403) 265-7200 ext. 222
    (403) 265-7150 (FAX)
    Email: brentm@glamisresources.ca
    or
    Glamis Resources Ltd.
    Mr. Darwin Little
    Vice President, Finance & Chief Financial Officer
    (403) 265-7200 ext. 225
    (403) 265-7150 (FAX)
    Email: darwinl@glamisresources.ca