PNG Gold Corporation Update on Officers
28.09.2012 | Marketwired
VANCOUVER, 09/28/12 - PNG Gold Corporation ("PNG Gold" or the "Company") (TSX VENTURE: PGK) announces changes in various officer's positions in anticipation of the expanded drilling program that is commencing on the Imwauna and Sehulea properties. Lorne Warner, who has been acting as Interim President and CEO, is now having to devote most of his time to operational concerns and will therefore assume the position of Chief Operating Officer. The void left by Mr. Warner will be filled by Greg Clarkes, Chairman of the board, who will take over Mr. Warner's CEO duties and by Neil Halldorson as President to manage the day-to-day administrative and corporate affairs of the Company. Messrs Warner, Clarkes and Halldorson work closely together at PNG Gold and the new titles are meant to better reflect how their internal roles have changed as the Company ramps up the development of its Papua New Guinea properties. Also joining the Company's ranks as CFO is Rick Low, announced August 27, 2012, who previously was the Director Finance at Eco Oro Minerals Corp.About PNG Gold Corporation
PNG Gold Corporation is an exploration company with an advanced stage drilling program in Papua New Guinea. PNG Gold holds a 100% interest in the Imwauna and Sehulea properties on Normanby Island, Milne Bay Province, Papua New Guinea, and trades on the TSX Venture Exchange under the symbol PGK. PNG Gold's mission is to become the premier exploration and development company in Papua New Guinea.
ON BEHALF OF THE BOARD OF DIRECTORS OF PNG GOLD
Greg Clarkes, Chairman & Director
PNG Gold Corporation
The securities have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States absent registration thereunder or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities in the United States.
Neither the TSX Venture Exchange or 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.
Contacts:
PNG Gold Corporation
Greg Clarkes, Chairman & Director
(604) 669 4899
(604) 685 2345 (FAX)
www.pnggold.com
