Melvin Williams joins Searchlight Minerals Corp. as Chief Financial Officer
16 Giugno 2006 - 5:41PM
PR Newswire (US)
HENDERSON, NV, June 16 /PRNewswire-FirstCall/ -- Searchlight
Minerals Corp. (OTC BB: SRCH) (the "Company"), today announced that
Melvin L. Williams has joined the Company's senior management team
as Chief Financial Officer. Mr. Williams is a certified public
accountant with over 18 years' experience in the public accounting
industry with the firm of Cupit, Milligan, Ogden and Williams in
Reno, Nevada. During this period, he provided auditing, consulting,
merger/acquisition, valuation and tax services to private and
publicly traded companies in the manufacturing, technology, mining,
healthcare and service industries, as well as to various nonprofit
organizations. From 1984 until 1987, Mr. Williams served on the
accounting staff of the University of Oregon Foundation, a private
fund raising entity that also maintains endowment and trust
investments for the continuing support of the University. "We are
very pleased to welcome Melvin to the Searchlight management team,"
stated Ian McNeil, President and Chief Executive Officer of the
Company. "His extensive experience with development and early-stage
companies and within the mining industry should allow him to play a
key role in the ability of Searchlight to successfully execute an
aggressive growth strategy in coming years." Mr. Williams, a member
of the American Institute of Certified Public Accountants (AICPA)
since 1989, is also a member of the Nevada Society of CPAs (NSCPA)
and the Institute of Management Accountants (IMA). He earned a
Bachelor of Business Administration degree at the University of
Oregon in 1983. About Searchlight Minerals Corp. Searchlight
Minerals Corp. is a dynamic minerals exploration company focused on
the acquisition and development of projects in the southwestern
United States. The Company is currently involved in two projects:
(1) the Clarkdale Slag Reclamation Project, which seeks to recover
base and precious metals from the reprocessing of slag material
produced from the smelting of copper ores from former mines in
Jerome, Arizona; and (2) the Searchlight Gold Project, which
involves the exploration for precious metals on mining claims near
Searchlight, Nevada. Searchlight Minerals Corp. is headquartered in
Henderson, Nevada, and its common stock is listed on the OTC
Bulletin Board under the symbol "SRCH". For additional information,
please visit the Company's website at
http://www.searchlightminerals.com/. This news release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Act of
1934. These forward-looking statements are based largely on the
expectations or forecasts of future events, can be affected by
inaccurate assumptions, and are subject to various business risks
and known and unknown uncertainties, a number of which are beyond
the control of management. Therefore, actual results could differ
materially from the forward-looking statements contained in this
press release. A wide variety of factors that may cause actual
results to differ from the forward-looking statements include, but
are not limited to, the following: the Company's limited operating
history, uncertainties about the availability of additional
financing, geological or mechanical difficulties affecting the
Company's planned geological work programs, uncertainties involving
estimates of mineralized material, operational risks, environmental
risks, financial risks, currency risks, the dependence on joint
venture partners, and other risks discussed in the Company's
periodic report filings with the Securities and Exchange
Commission. These cautionary statements should not be construed as
exhaustive or as any admission as to the adequacy of the Company's
disclosures. The Company cannot always predict or determine after
the fact what factors would cause actual results to differ
materially from those indicated by the forward- looking statements
or other statements. The reader should consider statements that
include the words "believes", "expects", "anticipates", "intends",
"estimates", "plans", "projects", or other expressions that are
predictions of or indicate future events or trends, to be uncertain
and forward-looking. The Company does not undertake to publicly
update or revise forward-looking statements, whether as a result of
new information, future events or otherwise. For Additional
Information, Please Contact: Ian McNeil, President and CEO at (702)
939-5247 or via email at DATASOURCE: Searchlight Minerals Corp.
CONTACT: Ian McNeil, President and CEO at (702) 939-5247 or via
email at
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