Gregor Theiser has resigned from the Board of Directors of Transatlantic Mining Corp. Bernie Sostak, currently an independent director, has been appointed to the position of Executive Chairman. Mr. Sostak was previously the General Manager of Business Development and Technical Services for Northern Star Resources.

In a previous role he served as Director of Resource and Reserve Strategy for Barrick Gold Corp. Mr. Sostak's experience includes mine geology, resource estimation, exploration, mine planning and general operations management.