Finore Mining appoints New Director
Vancouver, BC / TNW – Accesswire / Vancouver, B.C., March 19, 2015 – FINORE MINING INC. (CSE: FIN; OTCQX: FNREF) (the “Company” or “Finore”) – announces the appointment of Mr. Gerhard Merkel as a Director of Finore, effective March 19, 2015.
Mr. Merkel, who was recommended to the Board by one of the Company’s important European shareholders, will serve as Finore’s European representative to liaise with European shareholders and potential investors. Mr. Merkel has extensive contacts in European financial sectors and the Company anticipates that he will greatly help in expanding Finore’s shareholder base in Europe, especially since Finore’s principal project is the Lantinen Koillismaa (“LK”) Palladium, Platinum, Gold, Copper and Nickel project located in Finland.
Mr. Merkel served as a chief executive officer and chief financial officer of Metex (Germany) Trading Co. from 1994 to 2005 and from 2005 to present, he has been chief financial officer and chief operating officer of CGM Import-Export Ltd. (Portugal) (“CGM”). CGM is involved in the wholesale, retail and rental of catering equipment, andin the production of catering accessories. Mr. Merkel was recently appointed a director of Explor Resources Inc., a junior exploration company, listed on the TSX Venture Exchange.
Finore’s board of directors are looking forward to working with Mr. Merkel to cultivate a fruitful relationship with potential investors in Europe.
About Finore Mining Inc.
Finore is a mineral exploration and development company based in Vancouver, British Columbia. The Company controls a 100% interest in the LK Project located in North-Central Finland. Finore’s goal is to define a large-tonnage PGE+Au-Cu-Ni deposit in Finland. More information on the Company’s activities can be found on www.finoremining.com.
On behalf of the board of directors of Finore Mining Inc.,
President & CEO
The CSE does not accept responsibility for the adequacy or accuracy of this release.
This news release contains “forward-looking information” within the meaning of applicable securities laws (“forward-looking statements”), including our belief as to the timing of our proposed drill program and the potential tonnage, grades and content of deposits. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. Such factors and assumptions include, among others, the effects of general economic conditions, commodity prices, changing foreign exchange rates and actions by government and regulatory authorities and misjudgments in the course of preparing forward-looking statements. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with exploration; the need for additional financing; the calculation of mineral resources; operational risks associated with mineral exploration; fluctuations in metal prices; title matters; government regulation; obtaining and renewing necessary licences and permits; reliance on key personnel; the potential for conflicts of interest among certain of our officers or directors; the volatility of the our common share price and volume; and other risks and uncertainties, including those relating to the LK Project and general risks associated with the mineral exploration industry described in our financial statements and MD&A for the fiscal period ended December 31, 2013 filed with the Canadian Securities Administrators and available at www.sedar.com. Although we have 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. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.