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Tan Range Announces Appointment of Dr. Norman Betts, FCA to its Board of Directors
Vancouver (ots/PRNewswire) -
- Trade Symbol TSX: TNX
The Company is pleased to announce the appointment of Dr. Norman Betts to its Board of Directors.
Dr. Betts is an Associate Professor, Faculty of Administration, University of New Brunswick (UNB) Canada and is a Fellow of the New Brunswick Institute of Chartered Accountants (FCA). He also serves as a director and chair of the Audit Committee of Minacs Worldwide Inc. and Slam Exploration Ltd. in addition to being a director and member of the Audit Committee of New Brunswick Power Corporation.
He is a co-chair of the Board of Trustees of the UNB Pension Plan for Academic Employees and is a director of the Nature Conservancy for the Atlantic region.
A former Finance Minister and Minister of Business with the Province of New Brunswick, Dr. Betts was awarded a PhD in Management from the School of Business at Queen's University in Kingston, Ontario in 1992.
Tan Range Chairman and CEO, Jim Sinclair, said, "the Company is fortunate to be able to draw from the talents of Dr. Betts and its other board members who include distinguished mineral industry professionals, financial and accounting experts, and a corporate law and governance specialist."
"We have tremendous depth on our board and this is certain to enhance the Company's business and growth prospects in the years ahead," Sinclair emphasized.
"The Company's strategy of developing royalty income from its asset base in the Lake Victoria Greenstone Belt of Tanzania and becoming a proxy for commodity price inflation in a depreciating US dollar market will prove itself in the next few years," he added.
"The appointment of Dr. Betts to our board will expedite the process of achieving our primary objective of becoming a royalty company that will be truly unique within its peer group."
On Behalf of the Board of Directors
"James E. Sinclair" Chairman and Chief Executive Officer
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this news release, such as "measured", "indicated", and "inferred" "resources" that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 0-50634, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.
ots Originaltext: Tan Range Exploration Corporation
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