SACRE-COEUR : Minerals Appoints Mark Lotz as New CFO and Director
08/26/2011 | 12:40pm
SACRE-COEUR MINERALS, LTD. (the "Company") is pleased to announce
that Mr. Mark Lotz, C.A., has been appointed to serve as the new Chief
Financial Officer of the Company and as a Director, replacing Ms. Limor
Rubin, C.A. Ms. Rubin has resigned as CFO and as a Director in order to
pursue other professional and personal interests as she relocates
overseas with her family. She will remain as a Financial Consultant for
the Company for a period of one year.
In connection with the appointment of Mr. Lotz as CFO and as a Director,
the Company has granted him incentive stock options, subject to any
necessary regulatory approvals, to purchase up to 150,000 shares of its
Common Stock. The options are exercisable for a term of three years at a
price of CAD $0.35 per share.
Mr. Lotz holds a Bachelor's degree in Business Administration with a
joint major in Economics. He is a Canadian Chartered Accountant with 17
years of post-qualification experience, most of which has been in the
minerals industry and minerals related securities business. Mr. Lotz has
held CFO and other senior financial positions with several well-known
mining and exploration companies. He has also served as a senior
executive officer for two well-known Vancouver based securities firms.
Prior to that, he served as a financial compliance officer for the
Vancouver Stock exchange, following four years as a Senior Auditor with
Coopers and Lybrand, focusing on the mining and tax sectors.
According to Mr. Gregory B. Sparks, CEO of the Company, "We greatly
appreciate the outstanding service of Ms. Rubin in her role as CFO and a
Director of the Company, and we wish her well as she moves from the
Vancouver area to be with her family. We welcome Mr. Lotz as a highly
qualified successor to Ms. Rubin, and look forward to the benefits of
his broad experience as a mining industry financial executive in his
roles as CFO and a Director of the Company."
About Sacre-Coeur
The Company is engaged in the acquisition, exploration and development
of properties for the potential mining of gold, metals and diamonds in
South America, initially focussing on exploration for gold on its
properties in Guyana. The Company presently has an interest in
approximately 1000 sq. km of mineral properties in Guyana, including the
Million Mountain Property. The Company has offices in Vancouver, Canada
and Georgetown, Guyana. More information about the Company is available
at <www.scminerals.com>.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SACRE-COEUR
MINERALS, LTD.
"Gregory B. Sparks"
Gregory B.
Sparks, P. Eng.
President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. The
statements made in this press release may contain certain
forward-looking statements that involve a number of risks and
uncertainties. Actual events or results may differ from the Company's
expectations.
Sacre-Coeur Minerals, LTD.
Gregory Sparks, President and CEO
Email:
greg@scminerals.com
Phone:
604-899-0100
Fax: 604-899-0200
or
Don Mosher-B&D Capital,
Corporate Consultant
Email: don@scminerals.com
Phone:
604-899-0100
Mobile: 604-617-5448
Fax: 604-899-0200
© Business Wire 2011
