Trigon Uranium Corp. Appoints David Redekop as Chief Financial Officer
Monday December 18, 7:00 am ET
KELOWNA, BC, Dec. 18 /CNW/ - Trigon Uranium Corp. (TSX-V:TEL; "Trigon" or the "Company") announces that David Redekop C.A., has been appointed Chief Financial Officer of the Company. Mr. Redekop is a graduate in Commerce from the University of Calgary, and is also a member of the Institute of Chartered Accountants of Alberta. The appointment is subject to regulatory approval.
Sidney Himmel, President and Chief Executive Officer of the Company stated: "With the accelerating pace of property acquisitions which can be expected and the pace of business development, we are pleased that David has joined the team as Chief Financial Officer. David's professional financial experience includes working as the Chief Financial Officer of a public company and as financial officer of an international mineral exploration company prior to joining Trigon." Mr. Redekop has been awarded 50,000 options of Trigon.
Further, at a meeting held on December 15, 2006, the Board of Directors of Trigon defined the responsibilities of Magnus Haglund, Chief Operating Officer, to be fully focused on Uranium Operations. Mr. Haglund will manage the Uranium exploration and development staff, the majority of whom are located in the United States South West where the assets of the company are located. Mr. Haglund was awarded 150,000 options of Trigon. Mr. Ian Thompson, a director of the company and Senior Technical Advisor, Uranium, was awarded 50,000 options.
Trigon Diamond Corporation Ltd.:
Dr. George Poling has been appointed Executive Chairman of Trigon Diamond Corporation Ltd., a wholly owned subsidiary of Trigon Uranium Corp. The diamond division of Trigon Uranium Corp. is operated through the wholly owned subsidiary. In his capacity as Executive Chairman of the diamond company, Dr. Poling will assist Raymond Ashley, the President and Chief Executive Officer of the subsidiary, in the growth and financing of the diamond assets. It is intended that Trigon Diamond Corporation Ltd. be separately financed from Trigon Uranium Corp. in order that the shareholders of Trigon Uranium Corp. do not experience any share dilution from the financing of the diamond assets. Dr. Poling has been awarded 50,000 options of Trigon Uranium Corp.
The granting of all options referred to above is subject to regulatory approval.
About Trigon Uranium Corp.
Trigon Uranium Corp. is a uranium exploration and development company focused on the known deposits of the south-western United States, a region that has produced over one billion pounds of uranium. Trigon has a highly-qualified team of uranium exploration experts to direct its efforts at its Marysvale and Henry Mountains projects of southern Utah, and elsewhere in North America. Trigon also operates a portfolio of high-potential diamond exploration properties within a wholly-owned subsidiary, Trigon Diamond Corporation Ltd. Trigon has 41,930,326 shares outstanding and its stock trades on the TSX Venture Exchange under the symbol "TEL".
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responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future developments that the company expects to occur, are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
For further information
please visit www.trigonexploration.com or contact: Sidney Himmel, President and Chief Executive Officer, Trigon Uranium Corp., Tel: (250) 317-3624, Email: sidney.himmel@trigonexploration.com
Jeanny So, Broker Relations Specialist, CHF Investor Relations, Tel: (416) 868-1079 x225, Email: jeanny@chfir.com |
