Mainstream Minerals Corporation

Mainstream Minerals Corporation

October 11, 2013 16:30 ET

Mainstream Minerals Corporation Announces Changes to the Board and Management

TORONTO, ONTARIO--(Marketwired - Oct. 11, 2013) - Mainstream Minerals Corporation (the "Company" or "Mainstream") (TSX VENTURE:MJO) announces the resignations of Mr. Mike Romanik as President, CEO and director and Mr. Raymond Prefontaine as Chief Financial Officer and the Company has appointed Mr. David Reid as President, CEO and interim CFO of the Company, in their stead. Mr. Reid has been a director of Mainstream since October, 2012. Previously, Mr. Reid was Director, Business Development of Northern Gold Mining Inc. from October 2012 to May 2013. He was Vice-President, Investor Relations and Business Development of Trelawney Mining and Exploration Inc. from December 2009 to June 2012. Prior thereto, Mr. Reid owned, operated and was the President and Chief Executive Officer of a private transportation company. He has over 30 years of business experience with fleet and maintenance operations as well as 10 years' experience in underground mechanical maintenance.

Mainstream has also accepted the resignation of Mr. James Darcel as a director of the Company. The Company is pleased to announce that Mr. Chris Irwin has been appointed a director to fill the vacancy.

Mr. Irwin practices securities and corporate/commercial law and has been the managing partner of Irwin Lowy LLP since January 2010; prior thereto he was the President of Irwin Professional Corporation from August 2006 to December 2009; and prior thereto he was an associate at Wildeboer Dellelce LLP from January 2004 to July 2006. Mr. Irwin advises a number of public companies, board of directors and independent committees on a variety of issues. Mr. Irwin is a director and/or officer of a number of public companies. Mr. Irwin is a former Director of Trelawney Mining and Exploration Inc., which successfully completed a $608 million plan of arrangement with IAMGOLD Corporation in June 2012; former Director of Southern Star Resources Inc., which was formerly listed on TSX prior to becoming Gold Eagle Mines Ltd. and being taken over by Goldcorp Inc. in a $1.5 billion transaction.

The board of directors and management of Mainstream would like to thank Messrs. Romanik, Prefontaine and Darcel for their respective contributions to the Company and wish them every success in their future endeavours.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Contact Information

  • Mainstream Minerals Corporation
    David Reid
    Director, Business Development