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Samaranta Mining Announces Changes to Board of Directors

06.12.2012  |  Marketwired
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/06/12 -- Samaranta Mining Corp. (TSX VENTURE: SAX) ("Samaranta" or the "Company") announces new changes to its Board of Directors, including the appointment of an interim CEO and a Director, along with the resignation of three directors, effective immediately.

The Board of Directors of Samaranta appoints Mr. Dan Fish as the interim CEO and Director, and Mr. Nav Dhaliwal as an independent Director of the Company.

Dan Fish brings extensive experience as an entrepreneur and business owner of several major companies coupled with a career in the investment banking industry. Dan currently heads up corporate communications and development for Colombia Crest Gold Corp., a company also operating in Colombia. Dan holds a B.Sc. in Communications from the University of Oregon.

Nav Dhaliwal brings a wealth of entrepreneurial, sales, and financing experience. He is focused on nurturing early stage companies through their critical phases of evolution, having founded a number of companies throughout his career. Mr. Dhaliwal is experienced in corporate development, corporate communications and investor relations, bringing valuable business relationships with international analysts, brokers and investment bankers in Canada, the United States and Asia.

Mr. Dan Fish will be replacing Mr. Gunther Roelig as the interim CEO and Director. Mr. Jim Walchuk and Mr. Robert McMorran have resigned from the Samaranta Board of Directors. The Company would like to thank Gunther, Jim and Robert for their time and commitment to the advancement of Samaranta.


About Samaranta Mining Corporation

Samaranta is a mineral exploration and development company actively exploring for gold and precious metals in Colombia. The Company's primary focus is the Guadalupe gold property that is contiguous with the Frontino Gold Mine ("Frontino"). Frontino is currently the largest gold mine in Colombia and has been in operation for over 150 years with historic production estimated at 7 million ounces. Samaranta is the first company to explore the Guadalupe property using modern exploration techniques.


The changes outlined in this news release are subject to acceptance by the TSX Venture Exchange.


SAMARANTA MINING CORPORATION

Dan Fish
Interim CEO & Director



Contacts:

Samaranta Mining Corporation
604-558-1080
604-558-1081 (FAX)
info@samaranta.ca
www.samaranta.ca
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