Troon Ventures Ltd.
TSX VENTURE : TVN

Troon Ventures Ltd.

July 15, 2011 15:21 ET

Troon Ventures Announces Management Change

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 15, 2011) - Troon Ventures Ltd. (TSX VENTURE:TVN) (the "Company" or "Troon") announced that D. Bruce McLeod has stepped down today as President & CEO of the Company in order to devote more time to his new role as President and CEO of Mercator Minerals Ltd. Mr. McLeod will continue to serve Troon as a member of the Board.

Colin K. Benner, will assume the role of Interim President & CEO of the Company, as the Board initiates an external search for the position.

Mr. Benner is an experienced mining executive who is well known in the mining industry in his many roles in senior management and as an executive both in Canada and internationally. He is a member of the Association of Professional Engineers of Ontario, the Canadian Society of Professional Engineers as well as a member of the Association of Professional Engineers and Geoscientists of British Columbia, the Association of Professional Engineers and Geoscientists of Nunavut, the Society of Mining Engineers of the AIME and the Canadian Institute of Mining. Mr. Benner is also a Registered ICD.

About Troon Ventures Ltd.

Troon is a well funded exploration and development company in pursuit of establishing growth through an aggressive acquisition business model. The Company is managed by an experienced group of directors with a proven track record of creating shareholder value by successfully completing numerous mergers and acquisitions and bringing several projects to production. Troon is currently focused on acquiring mineral properties with established resources and exploration upside that will create significant shareholder value.

ON BEHALF OF THE BOARD,
TROON VENTURES LTD.
"Michael Kenyon"
Michael Kenyon, Chairman

Forward-Looking Statements

This document may contain "forward-looking statements" within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this document and Troon does not intend, and does not assume any obligation, to update these forward-looking statements.

Forward-looking statements relate to future events or future performance and reflect Troon management's expectations or beliefs regarding future events and include, but are not limited to, statements with respect completion of the private placement and related matters. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Troon to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in Troon's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although Troon has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward looking statements.

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.

Contact Information

  • Troon Ventures Ltd.
    Colin Benner
    1-604-687-7545 or Toll Free 1-888-338-2200

    Troon Ventures Ltd.
    Bruce McLeod
    1-604-687-7545 or Toll Free 1-888-338-2200

    Troon Ventures Ltd.
    Chris Curran
    1-604-687-7545 or Toll Free 1-888-338-2200
    604-689-5041 (FAX)
    info@northair.com
    www.northair.com/troon/