Tumi Appoints Rodney B. Johnston to Its Board
# 1305 – 1090 West Georgia Street TSXV - TM Vancouver, BC, V6E 3V7, Canada Tel: (604) 699-0202 Fax: (604) 683-1585 Frankfurt - TUY Email: [email protected]
Pink Sheets - TUMIF www.tumiresources.com
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News Release May 9, 2011
TUMI APPOINTS RODNEY B. JOHNSTON TO ITS BOARD
Vancouver, Canada – Tumi Resources Limited (the “Company”) (TSXV: TM) (PinkSheets: TUMIF) (Frankfurt: TUY). The Company is pleased to announce that it has appointed Mr. Rodney B. Johnston to its Board effective May 4, 2011.
Mr. Johnston, who obtained a Bachelor of Commerce degree in 1976 from the University of British Columbia and qualified as a Chartered Accountant in 1979, has recently retired in 2011 from PricewaterhouseCoopers LLP (PwC) after serving 35 years with the firm in B. C., with the final 25 years as a partner. During his lengthy career with PwC, he served in a number of senior leadership roles for the firm, including Canadian Infrastructure & Project Finance Leader, Member of PwC's Canadian Advisory Leadership Group, Member of PwC's Canadian Taxation Leadership Group, B. C. Region Advisory Leader and B. C. Region Tax Leader. Mr. Johnston has had a long track record of providing taxation and financial advisory services to businesses in a variety of industries involved with financings in the capital markets, particularly with companies looking to raise capital to expand their businesses. Mr. Johnston has also had extensive experience in advising mining companies throughout his career with PwC. Mr. Johnston is a member of the Canadian Council of Public Private Partnerships, the Canadian Tax Foundation and the Institute of Chartered Accountants of British Columbia. Mr. Johnston has served 4 years as a Director of Fraser Academy Association, a school in Vancouver for children with learning disabilities, is currently Vice-Chair of the Board and Chair of its Fundraising Committee, and serves on Advisory Councils for Simon Fraser University and for the Mayor of the City of Surrey, B. C.
“We are very pleased Rod has joined our Board,” said David Henstridge, President. “Rod brings to the Board extensive financial experience with deep understanding of the mining industry and we look forward to working with him in the future.”
The Company also announces that Mr. Johnston has been granted stock options to purchase up to 250,000 common shares of the Company at a price of $0.185 per common shares for a period of three years.
On behalf of the Board,
Company Contact: Investor Information Contact:
Mariana Bermudez at (604) 699-0202 Mining Interactive
"David Henstridge"
or email: [email protected] Nick L. Nicolaas at (604) 657-4058 David Henstridge, President & CEO website: www.tumiresources.com or email: [email protected]
Forward Looking Statements This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.