Very cool news. Congrats guys.
Thursday August 2, 6:37 pm Eastern Time
Press Release
SOURCE: Sun River Mining, Inc.
Sun River Mining Announces Management Changes & Appoints Three New Directors
DENVER--(BUSINESS WIRE)--Aug. 2, 2001--Sun River Mining, Inc. (OTC Pink Sheets: SUNR) is pleased to announce the appointment of new corporate officers and directors.
Appointed to the Board of Directors are: Stephen Weathers (Lakewood, Colorado), Thomas Anderson (Golden, Colorado) and Stephen Doppler (Evergreen, Colorado), all of whom are principals in Switchback Venture Group LLC. In addition, the Company reports that Randy McCall will be stepping down as Chairman of the Board and President of the Company, effective August 3, 2001. Mr. Doppler will be replacing Mr. McCall as Chairman of the Board and President. Mr. McCall will remain with Sun River as a Director.
Says Randy McCall: ``The new members of Sun River's Board of Directors have been working closely with current management, and have been instrumental in our efforts to settle certain outstanding debts and complete the OTC-BB re-listing process. Their direct participation will greatly assist Sun River in its attempt to settle the remaining corporate debts, returning the Company to the OTC-BB and restoring shareholder value through new business ventures and acquisitions.''
Mr. Doppler has previously served as President of Adamas Resources Corp., Gray Wolf Resources Corp. and Broadwater Developments, Inc. in addition to being a founder and the Chief Financial Officer of Mercantile Gold Corp. He holds a Master's degree in Mineral Economics from the Colorado School of Mines and B.A. degrees in Economics and Geology from Bates College.
Sun River is also pleased to announce that Switchback Venture Group has received a commitment from the North Dakota creditors to extend the deadline of their agreement to settle the Sun River debt with that group.
Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995
Certain statements made by the Company which are not historical facts may be considered forward-looking statements, including, without limitations, statements as to trends, management's beliefs, expectations and opinions, which are based on a number of assumptions concerning future conditions that may ultimately prove to be inaccurate. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors, which may cause actual results to differ materially from those in the forward-looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements are general economic conditions, competition, potential technology changes, changes in or the lack of anticipated changes in the regulatory environment in various countries, the ability to secure partnership or joint-venture relationships with other entities, the ability to raise additional capital to finance expansion, and the risks inherent in new product and service introductions and the entry into new geographic markets.
For further information which could cause actual results to differ from the Company's expectations, as well as other factors which could affect the Company's financial statements, please refer to the Company's reports filed with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Sun River Mining, Inc.
Randy A. McCall, 308/728-3509 |
