Centrasia Mining Corp.: Cary Pinkowski to Become President and C.E.O.
14 March 2008 - 12:00AM
Marketwired
VANCOUVER, BRITISH COLUMBIA (OTCBB: CTMHF)(FRANKFURT: C8M) is
pleased to announce the appointment of Mr. Cary Pinkowski to the
position of President and Chief Executive Officer, replacing Mr.
Douglas Turnbull, effective immediately. Turnbull states, "Although
I have had to step aside to address a personal family matter, I
have great confidence in Cary's ability to take the leading role in
the management of the company. Cary's energy, vision and passion
for Russia have been key factors in our success to date. As a
director, I will continue to support Cary and provide guidance
during the next phase of the company's growth."
Mr. Turnbull will remain a Director of Centrasia Mining, and the
Company wishes to thank Mr. Turnbull for his leadership and vision
over the past 2 years.
With a wealth of experience in developing projects in Mongolia,
Central Asia and Russia, Mr. Pinkowski compliments an impressive
technical team and is well suited to guide the company in the next
phases of development and exploration. Cary Pinkowski has over 18
years of experience in North American and EU capital markets
focused on natural resource and mining industries. He brings a
history of achievement from his years with Canaccord Capital. He is
the founder and Chairman of CP Capital Group and founder of Entree
Gold, Inc. He was instrumental in the acquisition of the Shivee
Tolgoi (Lookout Hill) copper-gold project in Mongolia. He maintains
residences in Vancouver and Moscow.
"We are very pleased to have Cary take on this leadership role
of our Company," states Nick DeMare, Centrasia's C.F.O. "He brings
a strong business background coupled with extensive business
experience in identifying properties or merit and raising necessary
development capital. He will provide Kola Mining with the knowledge
and experience to identify and develop opportunities that will be
invaluable to the Company's future growth."
Centrasia Mining Corp. ("Centrasia" or the "Company") announces
the change of name to Kola Mining Corp. to better reflect its
strategy of scaling operational competencies in the Kola Peninsula
of Russia. The company continues to advance its Souker Nickel Asset
and is evaluating additional acquisitions in the region. KM intends
to expand operations, as the Kola is one of the world's top mining
regions. Infrastructure is excellent; electricity, water, roads,
rail, ports, and knowledgeable labour are abundant.
Kola Mining will be listed for trading on the TSX Venture
shortly under the symbol "KM". To find out more about Kola Mining
Corp., please visit the company website at www.kolamining.com.
On behalf of the Board of Directors of
KOLA MINING CORP.
Nick DeMare, C.F.O.
The TSX Venture Exchange does not accept responsibility for the
adequacy or the accuracy of this release.
Contacts: Centrasia Mining Corp. Nick DeMare C.F.O. (604)
688-4110 (604) 688-4169 (FAX) Website: www.centrasiamining.com
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