United Silver Corporation Announces Appointment of Martin M. Hale, Jr. as a Director
10 April 2012 - 7:04AM
Business Wire
United Silver Corp. (“United Silver Corp.”, the “Company”, or
“USC”: TSX - USC: Pink Sheets – USCZF; Frankfurt - UM8) is
pleased to announce that Martin M. Hale, Jr., has been appointed to
the Board of Directors. Mr. Hale is the founder of Hale Capital
Partners, a leading private equity firm based in New York City,
focused on strategic investments in public companies and their
subsidiaries. Hale Capital Partners' mining portfolio spans all
stages of mine development from exploration to commercial
production. Prior to founding Hale Capital Partners in 2007, he was
a founding member of Pequot Ventures (now known as FirstMark
Capital) where he served as a member of the General Partner. From
2002 to 2007, Mr. Hale was a Managing Director and a Member of the
Operating & Investment Committees helping to lead 7 funds with
approximately $2.2 billion under management. Prior to Pequot
Ventures Martin was an Associate at Geocapital Partners and an
Analyst at Broadview International. Mr. Hale received his B.A. cum
laude from Yale University.
Martin M. Hale Jr. stated, “United Silver has the opportunity to
become a leading silver producer. We are delighted to support
United Silver’s management team and board in their efforts to
explore and develop the Crescent Silver Mine ("Crescent")
resource.”
ABOUT UNITED SILVER CORP.
USC is a vertically integrated mining company with operations in
Idaho, USA. It has earned, through development and operations, an
80% interest in the Crescent Silver Mine project in Idaho's
prolific Silver Belt - directly between two of the world's
historically largest silver producing properties, the Sunshine and
Bunker Hill mines. USC also offers a full suite of mining services
including contract mining and mine machine repair and fabrication
services to silver miners in the district. USC's common shares
trade on the Toronto Stock Exchange under the symbol "USC". For
more information about USC, please visit:
www.unitedsilvercorp.com.
ON BEHALF OF UNITED SILVER CORP.
"Graham Clark"
Chairman and Interim CEO
The TSX Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this
news release.
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