CARSON CITY, Nev., May 18, 2010 (GLOBE NEWSWIRE) -- Denarii Resources Inc. (OTCBB:DNRR) (Berlin:8D3) (Frankfurt:8D3) is pleased to announce that Mr. Robert Malasek of Munich, Germany has agreed to join the Board of Directors.
Mr. Malasek is currently serving as the Chief Financial Officer and Secretary for Naturewell, Inc. to which he was reappointed on August 15, 2006. Mr. Malasek had previously served as Controller for NatureWell, Inc. from September of 2001 until October of 2002 at which time he served as Chief Financial Officer and Secretary until his resignation in May of 2005. From May 2005 until the present he has rendered accounting consulting services to a variety of clients, including a number of public companies. From September 1987 until August 1999 Robert was employed with Starwood Hotel & Resorts Worldwide, Inc. in a number of positions within the accounting department and became Assistant Controller in 1998 until his departure in 1999. Mr. Malasek received his Bachelor of Science in Accountancy from San Diego State University, California in 1998.
Mr. Malasek joins the company at a very crucial time assisting in financing and fiscal management of the various assets the company has acquired now and in the future. Mr. Malasek stated: "After I researched the present and future opportunities of the company I immediately came to the conclusion that I wanted to be a part of the next phase of its development. Timing is everything. I completed my due diligence with the company's management and professional advisors and quickly realized a team was in place that can accelerate the development of a number of gold properties in North America. This will take advantage of the recent increase in the international price of precious metals. I look forward to introducing the company's business plan to the European financial community."
Mr. Malasek will join the company in the capacity of Chief Financial Officer (CFO) and Treasurer.
About Denarii Resources, Inc.
Denarii Resources Inc. is in the mineral resource exploration and development business and currently owns a 100% interest in the McNab Molybdenum property located in South-West, British Columbia, Canada. Denarii has also entered into an agreement to acquire two coal concessions in Chile, South America. Denarii is continually moving forward with researching and acquiring multiple assets that it hopes will generate positive cash flow for Denarii. Denarii is presently reviewing a number of precious metal properties. These properties are near or in production Gold and Silver properties located in North, South and Latin America. Specifically included in the companies due diligence is a Gold property in South-East California and a Gold, Silver and Copper property in South America, as previously announced in other corporate news releases. Denarii was founded in 2006 and is based in Carson City, Nevada. For more information, please visit www.denariiglobal.com
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Denarii Resources, Inc. please refer to its website at www.denariiglobal.com