Wolfden Announces New Director Appointments
Thursday May 18, 9:30 am ET
[See the bolded part below]
Shares Issued: 74,637,878
THUNDER BAY, ON, May 18 /CNW/ - WOLFDEN RESOURCES INC. (TSX:WLF - News) is very pleased to announce that Mr. Daniel D. Johnson and Mr. Frank Balint will each be a nominee for election as a director of Wolfden at the upcoming annual and special meeting of shareholders of Wolfden, which is scheduled to be held on June 28, 2006.
Mr. Johnson is a Professional Engineer, Mining and Metallurgy, with over 25 years of mining experience. Mr. Johnson has been intimately involved in mine development in Canada's Arctic, and has been directly responsible for the development of two of the three diamond mines currently operating in Canada's Northern Territories. From 1994-1997, Mr. Johnson served as Project Manager, Mine Development, for BHP Diamonds where he was responsible for the planning and development of Canada's first diamond mine, the Ekati Diamond Mine. From 1997-2001, Dan was President and CEO of Diamond Fields International Ltd. Since 2004, Mr. Johnson has served as Executive Vice-President, Operations for Tahera Diamond Corporation where he has been responsible for the design, development, and subsequent operation of the Jericho Diamond Mine in Nunavut, Canada - representing the first diamond mine to be built in the Nunavut Territory.
Mr. Balint is currently Vice President, Corporate Development for Inmet Mining Corporation. He has worked with Inmet and its predecessor companies since 1978 and was appointed to his current position in January of 2000. Mr. Balint holds an Honours Bachelors of Science degree from Lakehead University. Mr. Balint is a licensed member of the Professional Engineers and Geoscientists of British Columbia, the Association of Professional Engineers, Geologists and Geophysicists of the Northwest Territories and Nunavut and the Association of Professional Geoscientists of Ontario. Frank has been involved in the advancement of the Izok Project, now owned by Wolfden, since 1992.
"Dan and Frank bring to Wolfden extensive experience in mines operations and corporate development" stated Ewan Downie, President of Wolfden. "The additions further our commitment to strengthen Wolfden's management team, for facilitating growth associated from the transition from an exploration company to a metals producer."
In other matters, Wolfden is also pleased to announce that it intends to ask its shareholders to consider the previously announced proposed gold spin-out transaction at its annual and special meeting of shareholders.
WOLFDEN is a Canadian based mineral exploration and development company with a diversified portfolio of advanced stage properties in Canada. Wolfden is debt free and has a strong treasury.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
For further information
Ewan Downie, President, Phone: (807) 346-1668, Fax: (807) 345-0284, e-mail: Info@wolfdenresources.com, Web Site: www.wolfdenresources.com |
