Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
TORONTO, ONTARIO–(Marketwire – July 23, 2012) – Tawsho Mining Inc. (TSX VENTURE:TAW) (“Tawsho” or the “Corporation“) is pleased to announce the appointment of Harry Chang as the Chief Financial Officer of the Corporation.
Mr. Chang has an extensive career of over twenty years in financial management in both industry and public accounting. He holds a Bachelor of Commerce from the University of Toronto and is a member of the Institute of Chartered Accountants of Ontario.
Initially with Ultramar and later with a subsidiary of Exxon, Mr. Chang gained more than ten years of management experience in the oil and gas industry. His tenure in this sector included durations in internal audit, corporate taxation, corporate finance, mergers and acquisitions, automotive sales, marketing and distribution, planning and analysis, and industrial and wholesale.
Joseph Feldman, President and Chief Executive Officer states, “I am very pleased by the addition of Mr. Chang to Tawsho’s management team. He will add valuable expertise to Tawsho Mining Inc.”
About Tawsho Mining Inc.
Tawsho is a mining exploration company focused on the acquisition, exploration and development of gold resources and advanced stage gold exploration projects. The Corporation is presently developing its Chevrier project (comprised of 557 claims, covering an area of 9542 hectares, or 95.4 sq. km) in the Chibougamau region of Quebec and its Whisker Valley project (comprised of 913 claims, covering an area of 21,875 hectares, or 218.8 sq. km) in Baie Verte, Newfoundland. Tawsho currently has approximately 23 million common shares outstanding.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as a term that is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
