Affinity Gold Corp. Announces Founding of Strategic Advisory
Committee
MAPLE GROVE, MN--(Marketwired - Mar 27, 2014) - Affinity
Gold Corp. (OTC Pink: AFYG) (PINKSHEETS: AFYG) ("Affinity" or "the
Company") is pleased to announce the founding of its Strategic
Advisory Committee and be able to introduce its founding
members.
"The Strategic Advisory Committee has been specifically
comprised of those who are thought leaders, industry executives,
former government leaders, entrepreneurs and investors who bring
with them diverse expertise and international experience across
finance, mining & engineering, law, social and environmental
responsibility, clean energy technologies & applications and
business development & growth strategies, all within the
extractive industries," stated Mr. Sandberg, President &
CEO.
Mr. Sandberg went on to state, "I can't express enough how
pleased and grateful I am to have the support and commitment from
such a world-class team of industry leaders and experts. This
sends a clear message to our shareholders, investors and the
general investment community by having such a distinguished group
of industry leaders collectively stand among their peers and
endorse our Company through their support and participation in our
Strategic Advisory Committee. I want to personally and
sincerely thank all of our founding committee members."
Mr. Sandberg will further summarize the Strategic Advisory
Committee details on the Company's monthly shareholder &
investor conference call being held Friday, March 28th, 2014 at 2pm
EDT. On the upcoming call, the Company will have Mr. Raziel
Zisman, founding member of the Strategic Advisory Committee, as a
guest and who will share a bit about himself and his thoughts on
future of the Company.
STRATEGIC ADVISORY COMMITTEE MEMBERS:
CARLOS LORET DE MOLA Carlos Loret de Mola is a trained mining
geologist that has managed family mining affairs in Peru since 1973
to date. That includes CompaƱia Minera Huampar S.A.
and several smaller mining activities surrounding Huampar that
were merged into IMASE (Inversiones Mineras Alto del Santa Eulalia)
to further transfer mining assets and liabilities into a venture
called Nueva Condor S.A. Nueva Condor was then exchanged for
shares of Oroperu Resources (New Oroperu Resources). After the
prices crisis of year 2000 Nueva Condor was re acquired by Carlos
Loret de Mola and today is currently being acquired by Trevali
Resources, a junior Canadian company that owns Minas de
Santander.
During the 70's Huampar was consolidated to produce over 400
tons a day of sulphide ores to produce zinc, lead and copper
concentrates with values of gold and silver. During the 80's Carlos
Loret de Mola also participated on the board of state owned
companies, acting as CEO of Minas de Condestable S.A. a medium size
copper producer (later bought by TRAFIGURA) and serving as director
of Centromin a mineral complex (ex Cerro de Pasco Corp) and MINPECO
(a state trading company) both privatized in the 90's.
During the 90's Huampar retreated tailings to survive the price
and political crisis of the moment, to finally be negotiated to
Oroperu Resources as Nueva Condor S.A. Carlos Loret de Mola was
kept as a directing officer by Oroperu until the buyback operation
in 2001. Nueva Condor S.A. went through a chapter 11 process
(Proceso Transitorio INDECOPI) to be acquired by Trevali Resources
by 2011.
From 2002 to 2006, Carlos Loret de Mola was appointed Executive
President of the National Council for the Environment-CONAM (today
the Ministry of Environment) and President of the National
Environmental Fund - FONAM, serving under President Alejandro
Toledo (2001 - 2006) both tenures. After leaving governmental
positions Carlos Loret de Mola has been actively promoting the
sustainable development of the extractive industries in Peru
(specially mining) and participating on the board of many companies
related to such efforts. Until very recently Carlos Loret de Mola
has been an external director for Fundacion Tintaya (2003-2012)
Through 2013, Carlos Loret de Mola acted as an advisor to
XSTRATA on issues related to their ability to lower impact on the
development of their Bambas project in the provinces of Grau and
Cotabambas in the Apurimac Region and Chumbivilcas and Espinar
provinces in the Cusco Region, Peru. Carlos Loret de Mola has been
assigned to the committee for Promoting Sustainable Land Management
in Las Bambas promoted by UNDP and having as executing partners,
Xstrata Trust Fund, Provincial Governments and the Ministry of
Environment.
RAZIEL ZISMAN Raziel Zisman is Executive Chairman of Alicanto
Mining Corp., a private project-generating company with offices in
Canada and Colombia, and of Fenix Geoconsult Ltd., a consulting
company providing consulting and technical exploration services in
Colombia, Armenia and the Democratic Republic of Congo. He also
serves on the board of directors of Advanced Explorations Inc., a
resource development company focused on developing its Roche Bay
and Tuktu Iron Ore Projects in one of the world's largest
developing iron ore districts, the Melville Peninsula in
Nunavut.
He has a background in corporate and securities law as well as
in merchant banking, having provided corporate finance advisory
services and access to private and public capital to early stage
companies.
Raziel grew up in Lima, Peru and studied development economics
at Sussex University in the UK, followed by studies in Canada where
he took a law degree at Osgoode Hall Law School as well as graduate
degrees in economics, environmental studies and law. After clerking
at the Supreme Court of Canada, he worked in the Toronto office of
a leading American law firm, mostly in cross-border financings and
mergers & acquisitions, gaining experience in the mining,
energy, forestry and transportation sectors, and at major Canadian
business-law firms, working primarily in the mining and natural
resource sectors. He is a member of the bars of Ontario and New
York.
He is a Director at the Canadian Council for the Americas (CCA)
and is also a Director of the Prospectors and Developers
Association of Canada (PDAC), where he also serves as a member of
the Aboriginal Affairs and Securities committees.
CLAY HOES Mr. Clay Hoes was most recently President and CEO of
Forbes Royalty Corp., leading the development and launch of a
natural resource royalty company which was placed on hold for the
time being and may not launch due to the market. Clay provides
due diligence and financing for producing resource companies - oil
and gas, mining and industrial minerals.
Mr. Hoes served as a Portfolio Manager of RiverSource
Investments, LLC. His industry experience covers industrial
stocks on both the buy-side and the sell-side. Prior to joining
American Express Financial Corporation in 1999, Mr. Hoes was a Vice
President, Portfolio Manager, and Senior Metals Research Analyst at
Scudder Kemper Investments in New York, covering global base
metals, precious metals, and building materials. Before that, he
served as a Precious Metals and Mining Analyst at Everen
Securities. Mr. Hoes was also a Precious Metals Project Finance and
Credit Analyst at Mocatta Metals Corp. He served at Pennzoil Oil
and Gas as a development geologist, responsible for prospecting,
drilling analysis, reservoir analysis, economic analysis, and
budgeting. Mr. Hoes began his investment career in 1993. He has
been a Director of Belo Sun Mining Corp since December 6, 2010.
In 1995, he was ranked by the Wall Street Journal as the number
one Analyst for performance in the steel industry stocks. In 1997,
Mr. Hoes was ranked by Brendan Wood International as the most
knowledgeable institutional investor in precious metals stocks. He
holds a B.A. degree in Economics and Geology from Hobart College
and an M.S. in Mineral Economics from the Colorado School of
Mines.
DON MCCOY Mr. McCoy has 35 years experience in Hard Rock mining
and Surface mining in the West as well as interspersed with
commercial drilling and blasting. His specialties include opening
of small vein precious and base metal mines, drilling and blasting
Surface and Underground mines and quarries, and Blast Vibration
Monitoring.
Mr. McCoy currently serves as the Operations Manager for Quartz
Hill Mining Company, which is involved in exploration and
development projects. He also currently serves as the Rocky
Mountain Division General Manager of A&A Drilling and Blasting,
Inc. responsible for drilling and blasting operations in
Colorado.
Previously, he served as the Safety Supervisor at Ames
Construction, Inc. for the Cripple Creek and Victor Gold Mines. For
the past 27 years, Mr McCoy has been the President of Geo-Kinetics
Services, Inc. Geo-Kinetics Services, Inc., a mining and commercial
blasting consulting company. They are currently contracted to a
privately held, Canadian precious metal mining company. Their
duties include project management, mine design, permitting,
exploration project design, mine development and production, staff
screening, hiring and corporate strategies. Their primary
consulting specialties include mass rock blasting, seismographic
monitoring, underground mine development and open-pit
production.
Mr. McCoy received his Associates Degree from Glendale Community
College with an emphasis on science and mathematics. Mr. McCoy
is a member of the Society of Mining, Metallurgy and Exploration
(SME), International Society of Explosives Engineers (ISEE),
Geological Society of America (GSA) and Colorado Mining Association
(CMA).
SEBASTIAN WAHL Based in Lima, Peru, Mr. Wahl is a motivated,
analytical and result-driven business executive, partner and
adviser with a successful background of establishing profitable
business relations in Europe, the Middle East and South
America. Sebastian currently operates as COO for British
Mining company responsible for the construction, operation and
management of a gold and silver processing plant and refinery in
the north of Peru.
As a Director - Commodity Trader, Sebastian unites sellers and
acts as broker between small and medium producers and institutional
buyers with W. Merchant. W. Merchant is located in Lima, Peru,
a country that is one of the leading producers of gold, silver,
copper and zinc. They are focusing on precious metals such as gold
and silver.
Mr. Wahl is also the current Director of international trade
& relations at Mayfair & Bond in the United Kingdom who
provides a strategic pathway for investor client relationships
while providing capital investment and financial security through
management.
Mr. Wahl is experienced in working with high profile decision
makers and ultra high net worth individuals in the Swiss financial
industry with the primary focus on capital placement and business
development.
Mr. Wahl has excellent communication, negotiation, management,
closing and turn around skills and the ability to develop mutually
beneficial business opportunities, as well as maintain them. He
enjoys being a part of business networks, as well as managing new
business strategies and relationships. Sebastian maintains close
personal and professional relationships in the banking, commodity
and mining sector. He is a passionate relationship manager,
business developer and strategist. Mr. Wahl holds a Graduate degree
in finance and marketing from the Graduate Business School of
Administration B.Sc. in ZĆ¼rich, Switzerland, speaks Fluent in
English, German (mother tongue), Swiss German and good at speaking
French and Spanish. Sebastian enjoys cricket, organizing
fund-raising activities and is a member of high profile alumni and
social clubs.
JUAN PEDRO (J.P.) VAN HASSELT Senior attorney specializing in
Corporate Law, Mr. van Hasselt has over 20 years of experience
developing businesses in leading U.S., Peruvian and multinational
organizations. His experience includes mergers and acquisitions in
Latin America and resulting taxation implications. He has a
concentration in Corporate Law, Competition Law, Negotiations,
Foreign Investment, Mining, Energy and Patent and Trademark Law.
Mr. van Hasselt is bilingual, important in Cross-cultural
negotiations, and has his Master in Comparative Law and experience
in developing businesses in leading organizations in Peru and
around the globe.
Mr. van Hasselt is currently the Manager of Legal Affairs (CLO)
Chief Legal Officer for Haug, S.A., largest construction and
metal mechanics company in Peru, servicing mainly the mining and
oil industries, with responsibility on legal operations and
corporate affairs. He is the main negotiator on all-important
contracts with domestic and foreign clients. Mr. van Hasselt
is the leading negotiations strategist with most large mining
companies.
As Alumni Leader in Peru for The George Washington University
(Washington, DC), Mr. van Hasselt directed the Global MBA to select
Haug S.A. to conduct a Business Strategy program, which took place
May '13.
Mr. van Hasselt holds his law degree from The George Washington
University, National Law Center, Washington, D.C. He has been
quoted and published in several articles and publications: ANDA
News, Sintesis, and IP Worldwide. Mr. van Hasselt spoke in
Lima Peru, 2007, on "Environmental Trusts" for the New York State
Bar Association, along with many other speaking
engagements. Mr. van Hasselt is fluent in Spanish and English
and has a working proficiency with French.
About Affinity Gold Strategic Advisory Committee: The Strategic
Advisory Committee was founded in March 2014 for the purpose of
engaging and providing the Company's Executive Management and Board
of Directors with expert guidance, knowledge, insights into current
and emerging trends and opportunities as well as access to key
resources to further support the Company's overall business
development and growth strategy. The Advisory Committee will
further act as an external sounding board on a range of topics such
as corporate social responsibility, sustainable development, water,
energy, climate change, security and human rights. Additional
information regarding the Strategic Advisory Committee can be found
on the Company's website (www.affinitygold.com).
About Affinity Gold Corp.: Affinity Gold Corp. is a
mineral exploration and development company engaged in the
acquisition and development of near-term precious mineral
production properties within Peru. Affinity Gold Corp.'s primary
focus is on developing assets that have demonstrated historical
production, contain documented and reliable data and can reasonably
begin producing within 12-18 months at a cost of less than $900 per
gold equivalent ounce.
www.affinitygold.com
For further information please refer to the Company's
filings with the SEC on EDGAR available at
www.sec.gov
FORWARD-LOOKING STATEMENTS This news release may include
"forward-looking statements" regarding Affinity Gold Corp., and its
subsidiaries, business and project plans. Such forward-looking
statements are within the meaning of Section 27A of the Securities
Act of 1933, as amended, and section 21E of the United States
Securities and Exchange Act of 1934, as amended, and are intended
to be covered by the safe harbor created by such sections. Where
Affinity Gold Corp. expresses or implies an expectation or belief
as to future events or results, such expectation or belief is
believed to have a reasonable basis. However, forward-looking
statements are subject to risks, uncertainties and other factors,
which could cause actual results to differ materially from future
results expressed, projected or implied by such forward-looking
statements. Affinity Gold Corp. does not undertake any obligation
to update any forward-looking statement, except as required under
applicable law.
CONTACT: AFFINITY GOLD CORP. Corey J. Sandberg 763-424-4754
csandberg@affinitygold.com
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