HONG KONG and CHEYENNE, Wyo., May 13, 2010 (GLOBE NEWSWIRE) -- Element92 Resources Corp. (OTCBB:ELRE) announced today that it has appointed Alastair McIntyre, as the Company's Chief Operating Officer. Mr. McIntyre has more than 25 years global experience in the commodity and resource businesses with 17 years spent in the banking and finance sectors in Toronto, NY, Sydney and HK with previous positions in gold refining and as an underground mine geologist. Mr. McIntyre holds a B. Sc. (Geology) and a B. Comm. (Bus Admin and Economics) from Dalhousie University in Canada.
Mr. McIntyre brings a diversified global metals and commodities market experience in price risk management, raising capital, acquisitions, IPO's, financial structuring, pricing of derivative and credit products, trading and management in the sectors of banking, refining and mining.
Mr. McIntyre has spent the last eight years working in Hong Kong in the capacity as Head of Marketing of Precious and Base metal products for two leading investment banks and most recently working as MD Commodities and Resources Management for a private equity firm.
His background in the financial and technical markets will bring strong leadership skills and develop new relationships with a variety of investors, bankers and mineral exploration and mining companies.
Mr. McIntyre is a Citizen of the United Kingdom and Canada and holds permanent residency in Hong Kong.
Element92 Resources Corp. is a mineral exploration and mining company incorporated in the State of Wyoming. In addition to the proposed acquisition noted above, the Company holds options on 14 mineral claims located in Huddersfield Township and Clapham Townships in the Province of Quebec, Canada. Element92 Resources Corp. trades on the OTCBB under the symbol "ELRE."
Forward-Looking Statements
Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessary estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, which could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.