Gowest Amalgamated Resources Ltd.
TSX VENTURE : GWA

Gowest Amalgamated Resources Ltd.

March 06, 2009 15:55 ET

Gowest Announces Board Appointments and Resignations

TORONTO, ONTARIO--(Marketwire - March 6, 2009) - Gowest Amalgamated Resources Ltd. ("Gowest" or the "Company") (TSX VENTURE:GWA) would like to announce that Mr. Donald Rankin and Mr. William Howes have resigned from the board of directors effective March 6, 2009. The Company would like to thank both of them for their years of contribution and wish them success in their future endeavors.

The Company is pleased to announce the appointment of Mr. Fraser Elliott and Mr. Mark Raguz to the board of directors effective March 6, 2009.

Mr. Fraser Elliott, B.A. (Economics), HB.Comm. (Accounting) has been Chief Financial Officer with Tangarine Payment Solutions Corp., a public company since January 2005, which he listed on the TSX Venture Exchange. Since 1987, Mr. Elliott has been the President of CFE Financial Inc., a private investment banking company, which provides consulting and financial services to a variety of small to medium sized businesses where he has retained an ownership position. Mr. Elliott sits on the boards of various charities and foundations as time permits.

Mr. Mark Raguz is President of New Texmont Explorations Ltd., a private company involved in mineral exploration. Mark is a graduate of the Lassonde Mineral Engineering Program at the University of Toronto.

Gowest is a Canadian exploration company focused on advancing its quality gold projects in Northern Ontario and Quebec.


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