Garrison Welcomes Two New Directors
TORONTO, ONTARIO, Nov 10, 2011 (MARKETWIRE via COMTEX) -- Garrison International Ltd. CA:GAU -16.67% ("Garrison" or the "Company") is pleased to announce the appointment of Maurice Colson and Edward C. Rochette to the board of directors of Garrison.
Blair Krueger, the President and CEO of Garrison, stated: We are delighted to have Maurice and Edward join Garrison's board of directors. They both bring a wealth of knowledge and broaden the board's combined experience, which will assist Garrison in developing its projects.
Mr. Colson has worked in the investment industry for more than 35 years and was for many years managing director for a major Canadian investment dealer in the United Kingdom. He is actively involved in providing strategic counsel and assistance with financing to emerging private and public companies in Canada and to Canadian companies operating in China, Africa and South America. He sits on the board of directors of several TSX- and TSX Venture-listed companies and is a founding director and the former chairman of Lithium One Inc. Mr. Colson holds a Masters of Business Administration degree from McGill University in Montreal, Canada.
Mr. Rochette's primary experience involves setting up initial corporate and legal structures for new ventures, assisting in the preparation for taking companies public on international stock exchanges, negotiating joint venture agreements, negotiating the acquisition of property rights, obtaining operating licences, setting up the corporate structure to manage licences, leases and joint venture agreements, and legal due diligence. He has concluded mining transactions involving gold and other precious metals, uranium, iron ore, nickel, coal and oil & gas in Asia, Central Asia, Africa, North America and a number of countries in South America, as well as the Balkan and Scandinavian regions in Europe.
Currently Mr. Rochette is the chief executive officer of East Asia Minerals Corp. Previously he was Senior Vice President of Ivanhoe Mines Ltd., a publicly traded copper and gold mining company with a 66% interest in Oyu Tolgoi in Mongolia as its flagship asset. Mr. Rochette splits his time living in Beijing, China and Ulaan Baatar, Mongolia.
About Garrison
Garrison is a junior mineral exploration company focused on acquiring and developing advanced stage gold properties in Mongolia. For complete details on Garrison, management encourages investors and interested parties to view its public documents filed on SEDAR at www.sedar.com .
Forward-Looking Information
Certain information contained in this news release may be "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the impact of the appointments on the Company. 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". 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; acquisition risks; and other risks of 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. Contacts: Garrison International Ltd. Blair Krueger President & CEO 416-524-8150 www.garrison-intl.com
SOURCE: Garrison International Ltd.
Blair Krueger, the President and CEO of Garrison, stated: We are delighted to have Maurice and Edward join Garrison's board of directors. They both bring a wealth of knowledge and broaden the board's combined experience, which will assist Garrison in developing its projects.
Mr. Colson has worked in the investment industry for more than 35 years and was for many years managing director for a major Canadian investment dealer in the United Kingdom. He is actively involved in providing strategic counsel and assistance with financing to emerging private and public companies in Canada and to Canadian companies operating in China, Africa and South America. He sits on the board of directors of several TSX- and TSX Venture-listed companies and is a founding director and the former chairman of Lithium One Inc. Mr. Colson holds a Masters of Business Administration degree from McGill University in Montreal, Canada.
Mr. Rochette's primary experience involves setting up initial corporate and legal structures for new ventures, assisting in the preparation for taking companies public on international stock exchanges, negotiating joint venture agreements, negotiating the acquisition of property rights, obtaining operating licences, setting up the corporate structure to manage licences, leases and joint venture agreements, and legal due diligence. He has concluded mining transactions involving gold and other precious metals, uranium, iron ore, nickel, coal and oil & gas in Asia, Central Asia, Africa, North America and a number of countries in South America, as well as the Balkan and Scandinavian regions in Europe.
Currently Mr. Rochette is the chief executive officer of East Asia Minerals Corp. Previously he was Senior Vice President of Ivanhoe Mines Ltd., a publicly traded copper and gold mining company with a 66% interest in Oyu Tolgoi in Mongolia as its flagship asset. Mr. Rochette splits his time living in Beijing, China and Ulaan Baatar, Mongolia.
About Garrison
Garrison is a junior mineral exploration company focused on acquiring and developing advanced stage gold properties in Mongolia. For complete details on Garrison, management encourages investors and interested parties to view its public documents filed on SEDAR at www.sedar.com .
Forward-Looking Information
Certain information contained in this news release may be "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the impact of the appointments on the Company. 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". 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; acquisition risks; and other risks of 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. Contacts: Garrison International Ltd. Blair Krueger President & CEO 416-524-8150 www.garrison-intl.com
SOURCE: Garrison International Ltd.
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