Vaaldiam Resources Ltd.

Vaaldiam Resources Ltd.

June 19, 2009 10:31 ET

Vaaldiam Resources Ltd.: Annual General Meeting

TORONTO, ONTARIO--(Marketwire - June 19, 2009) - Vaaldiam Resources Ltd. (TSX:VAA) wishes to announce that at its Annual General Meeting held on June 16, 2009 the following directors were re-elected:

Kenneth Johnson
Antenor Silva
Peter Bojtos
Lee Barker
Sam Randazzo
Brent Jellicoe

Mr. Robert Lord did not stand for re-election. Mr. Lord was Chairman of the Audit Committee since June 2006 and Vaaldiam is grateful for the advice and counsel provided by Mr. Lord during this period.

Mr. Sam Randazzo will assume chairmanship of the Audit Committee on an interim basis. Mr. Randazzo is a member of the Institute of Chartered Accountants in Australia with over 28 years of professional experience including six years with Arthur Young and Company, predecessor firm to Ernst & Young.

This press release contains certain forward-looking statements. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" 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". Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company 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 international operations; risks related to joint venture operations; actual results of current exploration activities; changes in project parameters as plans continue to be refined, future prices of resources; possible variations in reserves, grade or recovery rates, accidents, labour disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although the Company 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 to differ from those 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.

Contact Information

  • Vaaldiam Resources Ltd.
    Ken Johnson
    President and Chief Executive Officer
    (416) 363-6927