Golden Phoenix Announces Resignation of Thomas Klein from Board of Directors
20 August 2014 - 11:30PM
Golden Phoenix Minerals, Inc. (OTC Bulletin Board:GPXM) ("Golden
Phoenix" or the "Company") announced today that Thomas Klein has
resigned from the Company's Board of Directors. Mr. Klein has been
a Director since December 2008 and previously served as Chief
Executive Officer of the Company from February 2010 until that
position was absorbed by the creation of the Company's Interim
Governing Board in June 2012.
Commenting on Mr. Klein's resignation, Donald Gunn, President of
the Company stated, "We thank Tom for his contributions to Golden
Phoenix and wish him success in his future endeavours. The
Company will evaluate potential new directors and make changes to
the Board as deemed appropriate. We continue to focus on
improving the financial position of the Company and have commenced
our planned exploration activities on our joint-ventured Nevada
Properties."
About the Company: Golden Phoenix Minerals,
Inc. is a U.S. mining company with a current growth strategy
focused on the expansion of operations through the development of
gold and silver mineral properties into joint ventures or royalty
mining projects. The Company's current mineral properties
consist of options to acquire interests in the Mhakari and North
Springs properties in Nevada. More information on the Company
can be found at www.goldenphoenix.us.
Forward-Looking Statements: Information
contained herein regarding pending legal matters or strategy,
optimism related to the business, expanding exploration,
development activities and other such statements are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and are subject to the
safe harbors created thereby. While the Company believes such
statements are reasonable, they are based on current expectations,
estimates and projections about the Company's business and are not
guarantees of future performance and involve certain risks and
uncertainties that are difficult to predict. Actual results could
vary materially from the description limited herein due to many
factors including continued market prices for the Company's mineral
products, domestic and international business and economic
conditions, and other risk factors listed in the Company's
Securities and Exchange Commission (SEC) filings under "risk
factors" and elsewhere. The Company does not undertake any
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this press release.
CONTACT: Golden Phoenix Investor Relations
Telephone (801) 418-9378
Email: investors@goldenphoenix.us