Gold Finder Explorations Ltd.

Gold Finder Explorations Ltd.

March 29, 2011 10:05 ET

Gold Finder Announces Appointment of Mr. Mark Bloom as Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 29, 2011) - Gold Finder Explorations Ltd. ("Gold Finder" or the "Company") (TSX VENTURE:GFN) is pleased to announce the appointment of Mr. Mark Bloom as Director of Gold Finder.

Mr. Bloom is a successful international businessman and serial entrepreneur who has founded and ran several companies in Europe and Asia. With over 16 years experience in the financial markets, he is considered an expert and specialist in alternative investment strategies, hedge funds, commodities markets, CTAs and global investments.

Mr. Bloom was one of the founding partners of FX Asia Securities, one of Japan's leading Forex and Securities companies which was later sold to Man Financial Group. He is a founder and currently senior advisor to Amici International Corp., where he specializes in mergers and acquisitions ("M&A") consulting, raising capital for hedge funds and financial product structuring. During his tenure at Amici International Corp., he has raised over US$200 million from clients across the Asia region. He has also established a Swiss licensed asset management company which manages funds under the DV Fund name and publishes a popular commodities newsletter. 

Mr. Bloom has authored several books on hedge funds and finance in Japan, and remains a popular speaker there. 

Mr. Bloom has been actively involved in the mining industry for the past 7 years, where he has assisted companies with investor awareness and securing financings. He currently is a director of Andover Ventures, a mining exploration company and near term producer of gold. 

The Company

Gold Finder Corporation is working to complete the previously announced earn in agreement relating to its gold development project located in Emerald Lake, Ontario. The company is also the owner of the Crescent Mine located in Northern Idaho which United Mining Group (TSX:UMG) is moving back into production. Gold Finder will retain an undivided 20% interest in the Crescent Mine when UMG fully earns-in their 80% in the project. Gold Finder owns 2.4M shares of UMG. It also owns 3.65M shares of Andover Ventures Inc. (TSX VENTURE:AOX). Gold Finder has settled all remaining amounts owed to it from Andover Ventures Inc., by selecting to receive 200,000 additional shares of Andover in leu of cash. Gold Finder currently has 9,137,850 issued & outstanding shares, and approximately $1.2M in the bank.

David Greenway, president and CEO of Gold Finder, stated, "I am pleased to welcome Mr. Bloom to our team where his expertise and experience in the financial world combined with his knowledge of the mining industry will add an extra dimension to our group".

Mr. Ross has resigned to focus on the increased demands of his business activities. Gold Finder's chief executive officer, David Greenway, thanked Stuart Ross for his contribution to the board of directors and his help in the development of the company.

On behalf of the Board of Directors of Gold Finders Ltd.

David Greenway, CEO, Director

This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the corporations control which may cause actual results, performance or achievements of the corporation's to be materially different from the results, performance or expectation implied by these forward looking statements.

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.

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