Mike Magrum Named Chief Operating Officer of Vatic Ventures Corp.
VATICVENTURES.COM VATIC VENTURES CORP.
VATIC VENTURES CORP. 318-1008 HOMER STREET VANCOUVER, BC V6B 2X1 CANADA
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News Release
Mike Magrum Named Chief Operating Officer of Vatic Ventures Corp.
Vancouver, BC, March 18, 2013 ‐ Vatic Ventures Corp (the "Company" or "Vatic") (TSX‐V: VCV and Frankfurt: V8V) is pleased to announce that Mike M. Magrum (P.Eng) will be joining the Company as Chief Operating Officer.
Mr. Magrum is a geological engineer with extensive gold experience in Canada, the United States, Mexico, Central America, South America and Africa.
"We are very pleased to have a professional of Mike's calibre join Vatic Ventures,” stated Nasim Tyab, President of Vatic Ventures. “Magrum is a hands‐on operator who has assembled top exploration teams familiar with the latest exploration techniques and will be an ideal complement to the Vatic team as we move forward with our exploration opportunities in Mexico.”
Mike Magrum is a graduate of the Haileybury School of Mines and the University of Alaska. His experience in the mining industry includes positions as a Director of the Prospector and Developers Association of Canada, and as President of the Northwest Territories Chamber of Mines. Magrum also served as a founding Director of Seabridge Gold, and was also part of the Terra Ventures team who sold their share of the Roughrider uranium deposit to Hathor Exploration, which was subsequently acquired by Rio Tinto.
Mr. Magrum has extensive experience as a director and officer of Canadian public companies.
ABOUT VATIC VENTURES CORP.
Vatic Ventures Corp (www.vaticventures.com) is a junior exploration company developing high yield precious metal projects throughout North America. Focusing on high yield gold and silver projects, Vatic Ventures has acquired the rights to earn an undivided 100% interest in two gold silver properties located 65 kilometres north of Mazatlan, Mexico. The two properties, known as the La Silla and La Silla West claims, encompass a total of 43,000 hectares and are part of the Trans Mexican Volcanic Belt gold trend. The company continues to explore new opportunities and prospects.
ON BEHALF OF THE BOARD OF DIRECTORS
“Nasim Tyab”
President
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.
Forward Looking Statements
Some of the statements contained in this release are forward‐looking statements. Forward‐looking statements include but are not limited to, that the property which we acquired has significant gold and silver potential and that we have the ability to earn an interest in the property by completing our obligations over a number of years. Although the Company believes that its expectations reflected in the forward‐looking statements are reasonable, such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward‐looking statements. Various factors could cause actual results to differ from these forward‐looking statements including the potential that the Company's projects will experience technical and mechanical problems, our inability to fund ongoing payments or work programs, out inability to obtain permits, geological conditions and other risks not anticipated by the Company or disclosed in the Company's published material, and we may not be able to complete the agreement because of conditions failing to be fulfilled. Since forward‐ looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. The Company assumes no responsibility to update this forward looking information except as required by law. The information contained herein does not constitute an offer of securities.