West Kirkland Mining Adds to its Executive Team
June 1, 2010
VANCOUVER, West Kirkland Mining Inc. “WKM” (WKM: TSX-V) is pleased to announce that Mr. Michael G. Allen has been appointed as Vice President of Exploration effective June 1, 2010 and Mr. Frank Hallam, a director of the Company, has been appointed as CFO.
R. Michael Jones said “We are very pleased to add to our WKM team and see Frank Hallam appointed as CFO, each of them with impressive leadership track records in mining discovery, development and finance, all by the end of our second day of trading”.
Prior to joining West Kirkland, Mr. Allen has worked on numerous gold, diamond and base metal projects both in Canada and Internationally. Most recently, he worked for Redcorp Ventures as Chief Geologist and Underground Development Manager. Mr. Allen received Bachelor of Science degrees from the University of Alberta in 1997 and 1998 and is a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of British Columbia. As Vice President of Exploration he will have a mandate to execute the initial drill programs in both the Kirkland Lake camp Ontario and in the Carlin Trend, Nevada as well as expand the Company’s positions along the major gold trends in North America.
Mr. Hallam is a co-founding director of the Company and is a graduate of Simon Fraser University of Burnaby, British Columbia, with a Bachelor of Business Administration degree, and has been a chartered accountant and member of the Canadian Institute of Chartered Accountants since March of 1993.
Mr. Allen is participating in a proposed private placement in the Company, subject to regulatory approval for 100,000 Units of the Company priced at $ 0.75 per Unit. Each Unit is to include a share and warrant exercisable for an additional share at $ 1.25 for up to 1 year.
As disclosed in the Company's Filing Statement dated March 31, 2010, in connection with the completion of the Company's Qualifying Transaction on May 28, 2010, the Company has granted an aggregate of 1,000,000 stock options to certain directors, officers and consultants of the Company. All such options have an exercise of $0.60 and a term of five years from the closing of the Qualifying Transaction. A further option grant of 100,000 shares at today’s closing price shall be granted subject to the approval of the board of directors and subject to regulatory approval, in connection with the appointment of Mr. Allen.
For further information, please call:
West Kirkland Mining Inc.
R. Michael Jones (604) 685-8311 or Michael Allen (604) 685-8311
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.
Disclaimer for Forward-Looking Information
This press release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding proposed exploration activities. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company’s equity securities, the state of the market for gold or other minerals that may be produced generally, recent market volatility; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's Filing Statement dated March 31, 2010 for a more complete discussion of such risk factors and their potential effects, a copy of which may be accessed through the Company’s page on SEDAR at www.sedar.com.