Windarra (TSX VENTURE: WRA) Appoints Consultant for Africa
18 Maggio 2010 - 5:00PM
Marketwired
Windarra Minerals Ltd. (TSX VENTURE: WRA) today announces that it
has retained the services of Mr. David Warner as a consultant
responsible for introducing the company to mining exploration
opportunities on the African continent. Mr. Warner is an
international consultant and businessman with a proven track record
and over 30 years experience in Africa.
Mr. John Pallot, President and CEO of Windarra, states, "Mr.
Warner has an extensive knowledge and network throughout Africa,
providing the advice and guidance necessary for us to become
established in this fast developing market." Mr. Warner is pleased
to be joining the company and states, "There is little doubt of the
mineral wealth lying untapped in Africa and this is one of the
reasons China is making such inroads into mineral exploration in
Africa. Windarra is able to offer its Canadian expertise and great
opportunities exist for smaller exploration companies, able to
provide the innovation and flexibility demanded by many African
states."
As compensation for Mr. Warner's consulting services, the
Company has granted incentive stock options to purchase up to
300,000 common shares pursuant to the Company's Stock Option Plan.
The options are exercisable at a price of $0.15 per share for a
period of three years with 60,000 options vesting immediately, and
60,000 vesting each six months thereafter during the term of the
agreement, subject to regulatory approval.
On behalf of the Board of Directors
John Pallot, President
Neither 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 or
accuracy of this release.
Contacts: Windarra Minerals Ltd. John Pallot President (604)
688-1508 (604) 601-8253 (FAX) info@windarra.com
www.windarra.com
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