Maya Gold & Silver Inc.
TSX VENTURE : MYA

Maya Gold & Silver Inc.

June 17, 2010 09:09 ET

Maya Gold & Silver Holds Annual Shareholders Meeting and Appoints Noureddine Mokaddem as Vice President & COO

MONTREAL, QUEBEC--(Marketwire - June 17, 2010) - Maya Gold and Silver (TSX VENTURE:MYA) ("Maya" or the "Company") held its Annual Shareholders' Meeting today at the Queen Elizabeth Hotel, all matters placed before the shareholders were approved, including the election of all director nominees, namely MM John Booth, René Branchaud, Réjean Gosselin, Guy Goulet, Martin Wong and Roland Wismer. The Company also announced the appointment of Noureddine Mokaddem to the Company's Board of Directors.

Mr. Noureddine Mokaddem has held senior role within YNNA Holding, ONA Group and OCP Group and has been important in the development of several large projects and mining operations such as Akka Gold and Guemassa in Morocco. He is a Professional Industrial Engineer and holds a B.Sc. Engineering from State School of Engineers, Mons in Belgium. 

Furthermore, the Company also appoints Mr. Mokaddem as Vice-President and Chief Operating Officer and President of its moroccan subsidiary, Compagnie Minière Maya Maroc, S.A.R.L. Mr. Mokaddem brings to the Company extensive experience in the mining industry within Africa. He will be responsible for the exploration and development of its Amizmiz gold-silver property in Morocco and for the evaluation of new business opportunities.

"We are extremely pleased that Mr. Mokaddem has agreed to lead our exploration program in Morocco. We will benefit from Noureddine Mokaddem's leadership abilities, technical competence and business acumen, in Morocco" said Guy Goulet, Chief Executive Officer of the Company.

Subsequent to the annual meeting of shareholders, the Board of Directors also appointed Mr. Gosselin as Chairman of the Company, Guy Goulet as President and Chief Executive Officer, Leonard Teoli as Chief Financial Officer and Luce L. Saint-Pierre as Corporate Secretary.

ABOUT MAYA

Maya Gold & Silver Inc. is a Canadian Mining Company, newly listed on the TSX Venture Exchange that focuses on the exploration and development of gold and silver deposits. The Company is committed to developing and adding value to its primary property, Amizmiz gold and silver project in Morocco.

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.

Forward-looking statements

Except for statements of historical fact, all statements in this news release, without limitation regarding new project acquisitions future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

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