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:
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.
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