May 24, 2013 – Halifax, Nova Scotia - Zonte Metals Inc (TSXV: ZON) (“Zonte” or “the Company") is pleased to announce the appointment of Mr. Brian MacEachen as Chief Financial Officer.
Mr. MacEachen is a Chartered Accountant and consultant with over 25 years of experience with publicly-listed companies. Mr. MacEachen’s experience in the mining industry has included executive and director positions with both producers and junior explorers, including Franco-Nevada, Aur Resources, Brigus Gold (formerly Linear Gold), Avalon Rare Metals and Linear Metals (now Stockport Exploration).
Mr. MacEachen is replacing Ms. Megan Spidle who has resigned from the Chief Financial Officer role due to personal reasons. Terry Christopher, President and CEO stated "We thank Ms. Spidle for her contribution during the initial growth stage of the company and the seamless transition over the past months. Mr. MacEachen has considerable experience and contacts in the industry and a full understanding of Zonte’s objectives and will be instrumental in the financial and growth strategy of the company.
Further to the Company’s March 4, 2013 press release, the Company confirms that it has issued the vendors of the Wings Point South property 100,002 common shares at a deemed price of $0.075 per share, in lieu of a $7,500 cash payment. The shares are subject to a four-month and one day statutory hold period that expires on July 2, 2013.
About Zonte
Zonte Metals Inc. is a junior explorer focused on gold and copper. The Corporation is actively reviewing and completing field due diligence on projects in South America.
Forward-Looking Information
This news release contains forward-looking statements which include statements regarding the Corporation’s future plans, as well as statements regarding financial and business prospects and the Corporation’s future plans, objectives or economic performance and financial outlooks. The Corporation believes that the expectations reflected in this news release are reasonable but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements.
In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof, and unless otherwise required by applicable securities laws, the Corporation does not intend nor does it undertake any obligation to update or revise any forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
For further information contact:
Terry Christopher
CEO and President
info@zontemetals.com
A mineral exploration company with an attractive capital structure and solid management.
Zonte is focusing on three Canadian projects; one copper and two gold projects. Drilling on the copper and one gold project has identified two discoveries.
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