VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/01/13 -- DGM Minerals Corp. (the "Company") (TSX VENTURE: DGM) announced that Doug Smith has resigned his appointment as a director and as Chief Financial Officer of the Company due to personal reasons. Mr. Smith's contribution to the Company's management over the last few years has been greatly appreciated.
"On behalf of the Board I would like to thank Doug Smith for his past contributions and commitment to DGM," said Pete Smith, President and CEO of the Company. "Doug was a valuable member of the DGM team and was deeply involved in the Company's affairs since the Company's inception."
The directors are pleased to welcome Clarke Nakamoto to the board as Mr. Smith's replacement. Mr. Nakamoto will also be replacing Mr. Smith as Chief Financial Officer of the Company. Mr. Nakamoto is the current Controller and Vice President of Operations at MAC Marketing Solutions Inc. in Vancouver, British Columbia. He brings over 15 years of domestic and international experience including four years spent in Bermuda at Marsh Management servicing offshore clients in the captive insurance industry. During his time at Marsh he was seconded to PMG Assurance Ltd. (a subsidiary of Sony Corporation) and served as a resident director. Mr. Nakamoto is a member of the Canadian Institute of Chartered Accountants and holds a Bachelor of Business Administration degree from Simon Fraser University.
Pete Smith said, "I am delighted to welcome Clarke Nakamoto to the DGM Board. Clarke's experience and work ethic will ensure a smooth transition for the Company."
About the Company
DGM Minerals Corp. is a Vancouver-based mineral exploration company currently focused on the acquisition and exploration of mineral projects in Canada. For further information, please refer to the Company's filings on SEDAR (www.sedar.com) or contact the Company by telephone at 778.999.7030.
ON BEHALF OF THE BOARD
Peter Smith, President and CEO
This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company's mineral properties, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward- looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the ability of the Company to obtain or maintain an interest in a suitable mineral property, changes in economic conditions or financial markets; changes in prices for mineral products or increases in costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward- looking information. Except as required by law, the Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts:
DGM Minerals Corp.
778.999.7030
