Tamerlane Ventures Inc.

Tamerlane Ventures Inc.

November 07, 2011 13:35 ET

Tamerlane Announces New Director of Investor Relations and Corporate Communications

BLAINE, WASHINGTON--(Marketwire - Nov. 7, 2011) -


Tamerlane Ventures Inc. ("Tamerlane" or "the Company") (TSX VENTURE:TAM) announced today that Mr. Brent Jones, will be returning to the Company, and has been appointed as Director of Investor Relations and Corporate Communications for the Company. Mr. Jones will be responsible for all aspects of corporate communications with shareholders, media and all potential investors. Mr. Jones brings over 20 years of experience in international business, having resided overseas for over twelve years. As a spokesman for Panasonic Investor Relations, he traveled regularly to global economic centers, including the Far East, North America, Europe and the Middle East. Further to this, Mr. Jones was responsible for Tamerlane investor relations from 2006 to 2009, a very important period for the company, during which extensive drilling and feasibility work was completed.

Mr. Jones graduated with a B.A. in Economics from Oakland University. In addition to investor relations, Mr. Jones has extensive experience in corporate planning, communications and marketing. He is also well-versed in IFRS reporting and disclosure practices. Mr. Jones has represented various public companies to the investment community, including fund/portfolio managers, buy- and sell-side industry analysts, credit rating agencies, financial press and media, and the general public.

"Mr. Jones is an excellent addition to Tamerlane's team," commented Mike Willett, CEO of Tamerlane Ventures. Mr. Willett continued, "We expect him to make an immediate contribution, since he has been to the Pine Point site and knows the project very well."

As part of a compensation package and subject to TSX approval, Tamerlane has granted 300,000 incentive stock options to Mr. Jones at an exercise price of CAD $0.14 per share. These options are granted for a five-year period, and the grant is subject to vesting provisions in accordance with the rules of the TSX Venture Exchange.

About Tamerlane Ventures Inc.

Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company's immediate focus is bringing the 100%-owned Pine Point Project to production. The Company is currently in the financing phase and expects to commence construction after financing is complete. Tamerlane plans to sell the well-known, Pine Point Concentrates to various smelting facilities around the world. The Company also plans to develop its Los Pinos heap leach copper project in Peru.

Michael A. Willett, Chief Executive Officer

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and, accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.

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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