Pebble Creek Mining Ltd.

July 28, 2012 16:04 ET

Pebble Creek Mining Ltd.: Appointment of New Director and Chief Financial Officer

NEW WESTMINSTER, BRITISH COLUMBIA--(Marketwire - July 28, 2012) - Pebble Creek Mining Ltd. ("Pebble Creek" or "the Company") (TSX VENTURE:PEB) announces that Mr. Randy Miller has resigned as the President and director of Pebble Creek and Mr. Carmelo Marrelli has resigned as Chief Financial Officer of the Company. Pebble Creek would like to thank Messieurs Miller and Marrelli for their contributions to the Company and wishes them success in their future endeavours.

Mr. Robert Maddigan has been appointed director and interim Chief Financial Officer of Pebble Creek. Mr. Maddigan, who is a Professional Engineer, has extensive knowledge and experience with junior mining companies, both as a director and consultant, with overseas properties.

The Company continues to evaluate its current position and all opportunities with a view of enhancing shareholder value.

This news release contains forward-looking statements that address future events and conditions and are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the application of laws and regulations where the Company's operations are situated, the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in commodity prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither 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.

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  • Pebble Creek Mining Ltd.
    Herb Brugh