VANCOUVER, British Columbia,
March 3, 2011 /PRNewswire/ --
Metalline Mining Company (TSX: MMZ, AMEX: MMG) ("Metalline") is
pleased to announce the appointment of Tim
Barry as Chief Executive Officer, President and Director.
Mr. Barry previously held the position of Vice President of
Exploration at Metalline. Mr. Hahn served as Metalline's interim
Chief Executive Officer and President since July 2010. Metalline would like to thank
Greg Hahn for serving as interim
Chief Executive Officer and President.
Mr. Barry has over 15 years of exploration and management
experience. He has worked as a consulting geologist on projects in
Canada, Mexico, Australia, New
Zealand, Mongolia and
West Africa and has significant
experience with Metalline's field operations in Africa. Mr. Barry served as the chief
geologist for Dome Ventures Corporation (merged with Metalline in
April, 2010) and also served on Dome's Board of Directors. Mr.
Barry has managed Metalline's operations at the Sierra Mojada project since September 2010. Mr. Barry is a registered
geologist (MAusIMM) who obtained his BSc in Geology from the
University of Otago in New
Zealand.
Brian Edgar, Executive Chairman
of the Board for Metalline states, "I have worked closely with
Tim Barry for over five years. Tim
is one of the smartest and most resourceful geologists I have ever
worked with. He has already made a significant contribution to the
management of Metalline and will continue to do so as
President."
In connection with the appointment, Mr. Barry was granted an
option to acquire 250,000 shares of Metalline common stock,
although the option is in part subject to vesting and is subject to
the terms and conditions of Metalline's stock option plan.
Appointment of Independent Director Dr. Nicole Adshead-Bell
Metalline is pleased to announce that Dr. Nicole Adshead-Bell was appointed to the Board
of Directors on February 14,
2011.
Dr. Adshead-Bell is President of Cupel Advisory Corp. a private
company providing advisory services for mining/exploration
companies and investment funds. Dr. Adshead-Bell was Managing
Director, Investment Banking, where she focused on mergers and
acquisitions in the mining and exploration sector, at Haywood
Securities Inc. from February 2007 to
July 2010. Prior to joining
Haywood she held positions as a sell and buy side mining analyst
with Dundee Securities Corporation and Sun Valley Gold LLC where
she focused on uranium/base metals and precious metals,
respectively. Between 1995 and 2003 she worked as a consultant
geologist for Australian and Canadian companies. Dr. Adshead-Bell
has a Ph.D. in geology from James Cook University, Queensland, Australia.
Brian Edgar, Executive Chairman
of the Board for Metalline states, "Dr. Adshead-Bell enjoys the
respect of the investment community in Canada and globally. She will be a very
effective Board member and is well equipped to assist us going
forward, not only with technical insights but with strategic
planning and future financings."
In connection with the appointment, Dr. Adshead-Bell was granted
an option to acquire 200,000 shares of Metalline common stock,
although the option is in part subject to vesting and is subject to
the terms and conditions of Metalline's stock option plan.
About Metalline Mining Company
Metalline Mining Company is focused on the acquisition,
exploration and development of mineral properties. Metalline
currently owns mineral concessions in the municipality of
Sierra Mojada, Coahuila, Mexico
and holds exploration licenses in Gabon, Africa. Metalline conducts its operations in
Mexico through its wholly owned
Mexican subsidiaries, Minera Metalin S.A. de C.V. and Contratistas
de Sierra Mojada S.A. de C.V. To obtain more information on
Metalline Mining Company, visit the Company's web site
www.metallinemining.com.
On behalf of the Board of
Directors
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Tim Barry
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Chief Executive Officer and
President
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SOURCE Metalline Mining Company