Golden Hope Mines Appoints New CFO and CORRECTION FROM SOURCE - Options Granted GNH: TSX Venture GOLHF: OTCQX
TORONTO, July 6, 2011 /CNW/ - Golden Hope Mines (TSX VENTURE: GNH)(OTCQX: GOLHF) - Golden Hope Mines Limited is pleased to announce the appointment of Mr. Roland Boivin as Chief Financial Officer.
Mr. Boivin has spent most his career at 3M Canada Company's Head Office where he held several management positions, including Business Manager - Consumer Division. In that leadership role, he had overall financial responsibilities for the Canadian market. He was also extensively trained in Six Sigma, becoming a Certified Six Sigma Black Belt.
His most recent role at 3M as General Manager - Quebec and member of the Company's Executive Committee, involved responsibility for every division, including the Canadian Mining Division.
Mr. Boivin obtained his Bachelor of Commerce from McGill University and his MBA from Queen's University.
Mr. Boivin was granted 500,000 options as part the option grant announced on June 30, 2011 and as amended below.
The following corrects and replaces the release that was issued June 30th, 2011 at 5:17 pm ET. The previous version noted that Golden Hope Mines Limited had issued 2,810,000 options at $0.12. This is incorrect. The correct price should read as $0.13, which was the closing price of the shares of the Company on June 29, 2011. The complete and corrected version follows.
Golden Hope Mines (TSX VENTURE: GNH) (OTCQX: GOLHF) - Golden Hope Mines Limited has issued 2,810,000 options at $0.13 for a period of five years to Directors, Officers and Consultants. The options were granted pursuant to the Company's stock option plan approved by the shareholders.
About Golden Hope Mines Limited:
Golden Hope is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of potentially large-scale gold and base metal projects suitable for underground and/or open-pit mining. The company's focus is in southeastern Quebec, Canada. The company's claim block spans over approximately 110 kilometres. The Bellechasse-Timmins gold deposit lies within the Bellechasse Belt; an approximately 18 kilometre mineralized area. The Bellechasse-Timmins gold deposit includes the T1, T2A, T2B, Ascot/Road gold zones, and the eight known parallel gold-bearing breccias of the adjoining 88 Diorite. The company is also working to develop other targets within its claim block including the FSG gold and base metal target, the St-Luc (Roux) target, Chute du Bras, the LG showing, Moose Cliff, and Talon. For further information on Golden Hope Mines Limited please visit www.goldenhopemines.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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For further information:
Golden Hope Mines Limited Frank Candido President, Director 514-750-8218 416-864-0175 (FAX)
[email protected] or [email protected] www.goldenhopemines.com or Public Relations Canada:
Paradox Public Relations Corporate Communications 1-866-460-0408 or Investor Relations USA:
American Capital Ventures Richard Hull 305-918-7000
CO: Golden Hope Mines Limited
CNW 17:04e 06-JUL-11