ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ALR

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:ALR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Alder Appoints Daniel Bruno a Director and Issued Additional Options to Its Directors & Officers

29/05/2010 12:00am

Marketwired Canada


Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) announces that
Mr. Daniel Bruno has been appointed to its Board of Directors. 


Mr. Bruno is a Chartered Financial Analyst and a holds an MBA from the Schulich
School of Business, at York University. He has over 15 years of investment
experience. He commenced his career with the Ontario Teachers Pension Plan
Board, and then transitioned to investment banking where most of his career was
with GMP Securities Ltd as a Director in the Investment Banking group. Mr. Bruno
also worked as a Managing Director of a US based investment bank. 


Mr. Bruno was born in South America and is fluent in Spanish. His background and
continuing relationships in Colombia will help Alder focus on advancing the
Montanita project in Antioquia, Colombia which it is acquiring. 


The Company has issued 900,000 options to directors and officers of the Company.
These options shall vest immediately; subject to a four month hold period on any
shares issued pursuant to the exercise of the options.


Mr. Greg Cameron has resigned from the Board. The Company wishes to thank Mr.
Cameron for his contributions to the Company, particularly during the recently
closed private placement and property acquisition. 


About Alder Resources

Alder Resources Ltd. is a Canadian-based company focused on gold. In addition to
new initiatives to acquire prospects in Colombia, the Company holds an option to
acquire a 60% interest in the Canadian Creek Mineral Property located in the
Whitehorse Mining District of the Yukon Territory - which is located
approximately 160 km south of Dawson City, Yukon. The property is also 50 km
southeast of the White Gold project owned by Underworld Resources Inc. and
approximately 25 km southeast of Kaminak Gold Corp.'s Coffee property. The
Canadian Creek claims cover an area of approximately 4,800 hectares. 


This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, without limitation, statements regarding the completion of the
acquisition, the prospective nature of the Project and the impact of the
acquisition on the Company; statements with respect to the development potential
and timetable of the Project; the potential to identify mineral resources on the
Project; the timing and amount of estimated future exploration, success of
mining activities; and receipt of government approvals. Generally,
forward-looking information can be identified by the use of forward-looking
terminology 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
state that certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking information is
subject to known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied by such
forward-looking information, including but not limited to: general business,
economic, competitive, geopolitical and social uncertainties; the actual results
of current exploration activities; risks associated with operation in foreign
jurisdictions; ability to successfully integrate the purchased properties;
foreign operations risks; and other risks inherent in the mining industry.
Although the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such
information 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 information. The
Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.


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.


1 Year Chart

1 Year  Chart

1 Month Chart

1 Month  Chart

Your Recent History

Delayed Upgrade Clock