Golden Band Resources Inc.

Golden Band Resources Inc.

June 13, 2007 09:00 ET

Golden Band Resources: Appointment of New CFO

SASKATOON, SASKATCHEWAN--(Marketwire - June 13, 2007) - Golden Band Resources Inc. (TSX VENTURE:GBN) is pleased to announce the appointment of Gary Leland, CA, as Vice President of Finance and Administration and Chief Financial Officer of the Company. Mr. Leland will also assume the position of Corporate Secretary of the Company.

"I am very glad to welcome Gary Leland to his role as it comes at an important time for Golden Band as we grow into development and then beyond to gold production," said Rodney Orr, company President. "Gary will be a key member of the strong team that we are creating for Golden Band - his experience and personality are a great fit for us."

Educated at the University of Saskatchewan (Bachelor of Commerce) and having his Chartered Accountancy designation, Gary has broad experience in industry, as an entrepreneur, and in private practice. For the past eleven years, he was VP of Finance and Human Resources for Saskatoon-based Standard Machine. Prior to that Gary owned his own business, and was a partner with Coopers and Lybrand in Saskatoon; Coopers having previously acquired the CA firm that Gary was a founding partner of.

Gary Leland will join Golden Band on July 1, 2007, at which time the current CFO, Rodney Orr will resign from the position.

About Golden Band

Golden Band Resources is a well-financed, Saskatchewan-based, publicly listed company (TSX VENTURE:GBN) whose focus is the long-term, systematic exploration and development of its 100%-owned La Ronge Gold Belt properties. Since 1994, Golden Band has assembled through staking and strategic acquisition a land package of more than 750 km2, including ten known gold deposits, four former producing mines, and a licensed gold mill. The Company's near-term goals call for development and production from the Bingo, Komis, and EP deposits with processing at the Company's 100%-owned Jolu mill - a project that received a positive Preliminary Economic Assessment (scoping study) on April 19, 2007. Longer-term objectives include production from the Company's other deposits and the continuation of its highly successful exploration strategy.

On behalf of the Board of Directors of Golden Band Resources Inc.,

Rodney G. Orr, P.Geo., President & CEO

All of Golden Band's exploration programs and pertinent disclosure of a technical or scientific nature are prepared and/or designed and carried out under the supervision of Ron Avery, P.Geo., Golden Band's Exploration Manager, who serves as the qualified person (QP) under the definitions of National Instrument 43-101.

Cautionary Statements on Forward-Looking Information: The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

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

Contact Information

  • Golden Band Resources Inc.
    Rodney G. Orr, P.Geo.
    President & CEO
    (306) 955-0787 or Toll Free: 1-866-684-4209
    (306) 955-0788 (FAX)
    Ascenta Capital Partners
    Investor Relations
    (604) 628-5800 or Toll Free: 1-866-684-4209