VANCOUVER, April 14, 2011 /PRNewswire-FirstCall/ -- Capstone Mining Corp. (TSX: CS) announced that D. Bruce McLeod has tendered his resignation as a Director of the Company.
Mr. McLeod has indicated he wishes to devote more time to his role as President and CEO of Creston Moly Corp. Following completion of the proposed transaction between Creston Moly Corp. and Mercator Minerals Ltd., Mr. McLeod is slated to become the President and CEO of Mercator Minerals Ltd.
"Bruce has made a significant contribution to the Board of Capstone and its predecessor, Sherwood Copper, where he was co-founder and Executive Chairman," said Darren Pylot, President and CEO of Capstone. "All of us at Capstone have benefited greatly from Bruce's guidance as we have moved Capstone forward, and I speak on behalf of the entire team in wishing him the very best."
Cautionary Note Regarding Forward-Looking Information
This document may contain "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements"). These forward-looking statements are made as of the date of this document and Capstone Mining Corp. (the "Company") does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation.
For further information: Capstone Mining Corp. Cindy Burnett, VP, Investor Relations Telephone: +1-604-637-8157 Email: [email protected] Website: http://www.capstonemining.com
SOURCE Capstone Mining Corp.