SOURCE: Inca One Gold Corp.

Inca One Gold Corp

July 08, 2015 08:30 ET

Inca One Announces Appointment of New Director

VANCOUVER, BC--(Marketwired - July 08, 2015) - INCA ONE GOLD CORP. (TSX VENTURE: IO) ("Inca One" or the "Company") is pleased to announce the appointment of Mr. Brian Antenbring to its Board of Directors.

Mr. Antenbring carries a wealth of experience in Canada and the United States as an entrepreneur and business architect, developing transformational business models within established industries such as staffing, real estate, and retail. He spent the last eight years as the founder and CEO of TEEMA Solutions Group Inc. (see http://www.teemagroup.com). He brings an additional 15 years of success in building businesses to the Inca One Board of Directors, with particular attention to building shareholder value. For example, he propelled TEEMA from inception to currently over $50 million in annual revenues while controlling 100% of the shares. In addition, Mr. Antenbring's focus on values and philosophies exemplified at TEEMA is in perfect alignment with Inca One's vision.

"Brian understands our cash-flow-and-growth business model," said Edward Kelly, Inca One's President and CEO. "He personifies quality customer service and attention to the success of the whole team in his business pursuits. Although joining a board where these values and talents are already strong, we expect him to add further strength and insight into making our advancing growth story an even greater success. Along with the technical and mining expertise we also have on the board, I am extremely excited and pleased with the balance and drive our board possesses to make Inca One an ongoing success."

Mr. Antenbring replaces Mr. Tom Henricksen on the Inca One Board of Directors, who has served faithfully in providing geological guidance to the Company, and will continue as a consultant in a geologic capacity for the Company. The Company would like to thank Mr. Henricksen for his fine service on the Board.

About Inca One

Inca One is a Canadian-based mineral processing company with a gold milling facility in Peru, servicing government-permitted small-scale miners. As part of the terms of the original purchase agreement for the Chala, Peru processing facility, Inca One has an agreement between its wholly owned subsidiary, Chala One SAC, and the seller and initial permit applicant, to operate under the umbrella of formalization until the successful completion of all the environmental and operating permits. Peru, a highly mineral-rich country, is one of the world's top producers of gold, silver, copper and zinc, with substantial production coming from small scale miners who need government-permitted milling facilities to process their mineral (such as the Company's Chala Plant).

On behalf of the Board,

Edward Kelly
President & CEO
INCA ONE GOLD CORP.

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 NEWS RELEASE.

Statements regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) fluctuation of mineral prices; (ii) a change in market conditions; and (iii) the fact that the Company has limited operating experience with its Chala plant and future operational results may not be accurately predicted based on this limited information to date. Except as required by law, the Company does not intend to update any changes to such statements.

This news release deals only with the Company's Chala plant, which is an industrial project. This presentation does not deal at all with the Company's sole mineral exploration property, the Corizona property. Investors should note that no resource has been established on the Corizona property and all of the material currently being processed at the Chala plant is received from local small-scale mining operations.

Contact Information

  • For More Information Contact:
    Konstantine Tsakumis
    INCA ONE GOLD CORP.
    Email: Email contact
    Telephone: (604) 568-4877