Crystallex Appoints C. Brian Cramm Vice President of Planning and Acquisitions
VANCOUVER, British Columbia, Jan. 27 /CNW/ -- Crystallex
International Corporation (Amex: KRY, Toronto), today announced that C. Brian Cramm has joined the Company as Vice President of Planning and Acquisitions.
In this newly formed position, Cramm will focus on merger and acquisition activities on a global basis. This will include the identification, structuring and closing of profitable international growth opportunities. Cramm has a 17-year mining career. In 1983 he joined Echo Bay Mines, Ltd. During his 14 years with Echo Bay, he advanced to Vice President of Business Development and was responsible for global acquisition activities. He was instrumental in closing deals having a value in excess of US $115 million. Subsequent to Echo Bay, Mr. Cramm was Vice President and Chief Financial Officer at Dakota Mining Corporation and was the CFO for a private exploration
company.
Commenting on this new appointment, Marc J. Oppenheimer, President and CEO of Crystallex said, "We are very pleased to have Brian Cramm join our team at Crystallex. His extensive strategic management, financial and business experience along with his track record of closing value creating international mining transactions will further strengthen our management team and support the Company's growth plans."
Mr. Cramm is a certified public accountant and holds a Bachelor of Science Degree in finance from Regis University.
Crystallex International Corporation is a gold mining and exploration company. The Company's strategy for growth is to develop its portfolio of properties in South America as well as to diversify geographically by investing in producing or near-production projects and by exploring properties of merit in other areas of the world.
NOTE: This news release may contain certain "forward-looking statements" within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Crystallex, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with the Toronto Stock Exchange, the United States Securities and Exchange Commission and other regulatory authorities.
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
For further information: Richard Marshall, VP, 800-738-1577 or Andrea
Boltz, 604-683-0672, both of Crystallex International Corporation |
