Tao Minerals Ltd.

Tao Minerals Ltd.

March 09, 2012 16:14 ET

Tao Minerals Ltd. Appoints Ian C. Soles to Board of Directors

MEDELLIN, COLOMBIA--(Marketwire - March 9, 2012) - Tao Minerals Ltd. (TAO) (OTCQB:TAON) - James Sikora, President and CEO, is very pleased to announce that Ian C. Soles has been appointed to the board of directors for Tao Minerals Ltd. Beginning in the late seventies Ian has had a varied and extensive background in both the private and public sectors in senior managerial and consulting roles. In 1987 he joined SP3 Systems, consulting to both public and private sector organizations in the area of work performance improvement and operations management. His consulting experience varied from resource based businesses to government public works and operations organizations. After leaving SP3 Systems in the mid 1990s Ian started a number of healthcare-related businesses that continue to operate today.

Tao Minerals Ltd. is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties focusing primarily on the rich, yet highly underdeveloped gold deposits of Colombia in a socially and environmentally responsible manner. As a corporation, arriving early to the boom in the expansion of natural resource development in Colombia has enabled Tao to establish itself in Colombia over the past five years, becoming adept at the necessary legal and political processes and hiring highly qualified personnel in the geological, legal and security professions.

Notice regarding forward-looking statements

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the expectation of low cost opportunity, the final terms of the acquisition and the gold production of the property to be acquired.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2010 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Information

  • Tao Minerals Ltd.
    James A. Sikora
    President & CEO