Resinco(R) Capital Partners Inc. Announces Appointment of New Director
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 13, 2011) - Resinco® Capital Partners Inc. ("Resinco") (TSX:RIN)(FRANKFURT:L6V) is pleased to announce the appointment of Dr. Michael Hitch P.Geo, P.Eng. to its board of directors.
Dr. Hitch has over 25 years of experience in the minerals sector and has been a senior executive with major mining companies around the world including AngloGold Ashanti Limited and Echo Bay Mines Ltd.
Dr. Hitch has many years of experience building and financing junior resource companies. In his role as consultant to TSX-listed Golden China Resources Corp., Dr. Hitch focused on gold exploration and development, and merchant banking in the evolving precious metals industry of the People's Republic of China. Previously, he held positions as mining analyst for Clarus Securities Inc. and Octagon Capital Corporation, and served as VP corporate development for Ivanhoe Mines Ltd., Anglogold Ashanti, Echo Bay Mines Ltd., and Teck Resources. Dr. Hitch holds Bachelor's and Master's degrees in Geology and a Ph.D. in Environmental and Resource Studies. He is currently an Assistant Professor with the Norman B. Keevil Institute of Mining Engineering at the University Of British Columbia with a research focus on mine optimization, project economics and mine design. Dr. Hitch is also a registered Professional Geoscientist (Alberta and British Columbia) and a Professional Engineer (British Columbia) allowing him to act as a Qualified Person as defined by NI 43-101.
"We are delighted to have our offer of a board position accepted by Michael and that we will have, at the Company's disposal, the significant technical knowledge and experience he can offer," said John Icke, President and CEO of Resinco. "In addition, we believe Michael will assist facilitating increased deal flow leveraging his network which may also significantly benefit shareholders over the medium to long term."
About Resinco® Capital Partners Inc.
Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.
For more information on Resinco, please visit [ www.resincocp.com ].
On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:
John Icke, President and CEO
Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.