Vancouver, BC – March 28th 2013 – Corex Gold Corp. (the “Company”) (TSXV: CGE) is pleased to announce today that Hamish Greig has been appointed to its Board of Directors.
Mr. Greig is currently Director, Vice President, and Corporate Secretary of Lion One Metals. Directly and indirectly Mr. Greig has raised over $50 million in public equity financings over a 12 year period and has experience in various public market roles including investor relations, corporate finance, and administration. Prior to joining Lion One he was VP Corporate Development at Palladon Ventures (2004-2008) and a Director of Invenio Resources (2005-2009) and was involved in numerous property acquisitions in Utah and Nevada.
The appointment of Mr. Greig fills the board vacancy created from the resignation of a director Alan Hitchborn.
The company also advises the board of directors has approved the issuance of stock options to the Company’s directors and officers to acquire 200,000 common shares of the Company at a price of $0.10 per common share in accordance with the policies of the TSX Venture Exchange (the “Options”), have been granted to various Directors, Officers and Consultants of the Company.
The Options have been granted in accordance with the terms of the Company’s 10% rolling Stock Option Plan approved on August 16, 2012.
About Corex Gold Corp
Corex Gold Corp is a Canadian resource company focused on the acquisition, exploration, and development of precious/base metal deposits in Mexico including its 100% owned flagship property, the Santana Project, which is in Sonora State, Mexico. In addition, Goldcorp Inc. has implemented an on-going exploration program on Corex’s 100% owned Zuloaga property in Zacatecas State, Mexico.
ON BEHALF OF THE BOARD
“Craig D. Schneider”
President & CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
President & CEO
E-mail: [email protected]
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. This news release may contain forward-looking statements relating to future exploration and expenditures on the Company’s properties and holding of a shareholder meeting. Forward-looking statements, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include management’s re-allocation of resources, failure of the parties to meet the other conditions to the option agreement and the other factors detailed from time to time in Corex Gold Corp.’s filings with the appropriate securities commissions. Other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information contained herein.
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