TVI Pacific Inc.

TVI Pacific Inc.

July 08, 2010 08:30 ET

TVI Pacific Announces Change to its Senior Leadership Team

CALGARY, ALBERTA--(Marketwire - July 8, 2010) - TVI Pacific Inc. (TSX:TVI) ("TVI") today announced that its Chief Financial Officer, Queenie Lung, has resigned from TVI effective July 23, 2010 to join a Canadian-based architectural, planning and interior design firm as the financial director of their senior management team. 

"Ms. Lung has made many valuable contributions as a member of our management team" said Cliff James, President and CEO. "The board of directors and I wish her every success in her future endeavours."

Mr. Luis Santos, Vice President of Finance for TVI Resource Development (Phils.) Inc., TVI's Philippine affiliate, will assume the role of Interim Chief Financial Officer until a replacement is found. Mr. Santos and Ms. Lung will work together to ensure a seamless transition period. Ms. Lung will also assist in the search for a replacement CFO.

Caldwell Partners International has been engaged to lead the search for TVI's new CFO. Founded in 1970, The Caldwell Partners International Inc is a retained executive search firm specializing in recruiting "C-class" executives (chief executive, chief financial, chief information officers, as well as other senior executives) and their direct reports. With offices and partners in Vancouver, San Francisco, Los Angeles, Dallas, Calgary, Chicago, Atlanta, Toronto, Stamford, and New York City, the firm takes pride in delivering an unmatched level of service and expertise to its clients.

About TVI Pacific Inc. (TSX:TVI)

TVI Pacific Inc. is a publically traded, profitable copper producer focused on the exploration, development and acquisition of precious and base metal mining projects in the Philippines. The Company's interest in the Canatuan Mine and its other Philippine assets are held through its affiliate, TVI Resource Development (Phils.), Inc.

The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

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