IDM Mining Appoints New Chief Financial Officer
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 15, 2014) - IDM Mining Ltd. (TSX:IDM) ("IDM" or the "Company") is pleased to announce that Ms. Susan Neale, CPA CGA, has been appointed Chief Financial Officer of the Company, effective immediately.
Ms. Neale replaces Jonathan Richards as CFO, who has accepted a position with a larger Company. Mr. Richards had been an Officer of the Company for over four years, through IPO, challenging markets and a corporate restructuring. The Board of Directors is grateful for Mr. Richards' contributions to the Company, and wishes him well in his new position.
Ms. Neale is a professional accountant with over 20 years of experience in corporate transactions, public markets and in-depth accounting working with mineral exploration, mine development and operating companies in Canada and internationally. Ms. Neale is also the chief financial officer of several other public mineral exploration companies.
ABOUT IDM MINING LTD.
IDM Mining Ltd. is mineral exploration company (TSX:IDM) based in Vancouver, BC, Canada. The Company's current exploration activities are focused on precious metals in British Columbia and the Carolina Slate Belt, USA. A surface exploration and diamond drilling program is underway at the Red Mountain Gold Project, located near Stewart, B.C.
Further information can be found on the Company's website at www.IDMmining.com.
ON BEHALF OF THE BOARD
President, CEO and Director
Forward-Looking Statements: Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, among others, statements with respect to proposed exploration and development activities and their timing, resource estimates and potential mineralization, and other plans and objectives of IDM. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others and in addition to those described elsewhere in this release, delays in obtaining or inability to obtain required government or other regulatory approvals, permits or financing, the risk of unexpected variations in mineral resources, grade or recovery rates, of failure of plant, equipment or processes to operate as anticipated, of accidents, labor disputes, and unanticipated delays in completing other development activities, equipment breakdowns and bad weather, the timing and success of future exploration and development activities, exploration and development risks, mineral resources are not as estimated, title matters, third party consents, operating hazards, metal prices, political and economic factors, competitive factors and general economic conditions. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that: required approvals, permits and financing will be obtained; the proposed exploration and development will proceed as planned; with respect to mineral resource estimates, the key assumptions and parameters on which such estimates are based; and market fundamentals will result in sustained metals and minerals prices. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
Contact
IDM Mining Ltd.
Robert McLeod
604-681-5672 direct
604-617-0616 cell
rm@idmmining.com
www.IDMmining.com