One of the most signifcant NR in January was the Appointing George Salamis to Board of Directors !
2013 is going to be a critical year for Integra and Stephen de Jong knowing he lacks the experience needed to move on to the next stage brought in George Salamis with a 400,000 stock option worth about $90.000 - $110.000 . George Salamis has been involved in several M&A transactions valued over $1.2 billion,George will be spending as much time on behalf of Integra as Edgewater Exploration Ltd who he is currently the President and CEO. Integra will have to find a mid-teir gold mining company with the skill set and money to take the Lamaque project to the next stage.
This is the reason insiders are buying as they know Integra is worth more then 0.21 !
Time will tell
Jan 22, 2013
Integra Gold Appoints George Salamis to Board of Directors
Integra Gold Corp. (TSX-V: ICG) ("Integra" or the "Company") is pleased to announce George Salamis, PGeo, has been appointed to its Board of Directors.
Mr. Salamis has over 20 years of experience in mineral exploration, mine development and operations and is currently President and CEO of Edgewater Exploration Ltd., a TSX Venture-listed (TSXV: EDW) mineral exploration company. Mr. Salamis has previously held senior management positions with a number of mining companies including Placer Dome Inc. and Cameco Corporation. He has been involved in several M&A transactions valued over $1.2 billion, either through the sale of assets or of junior mining companies that he played a key role in building. Specifically relevant to the Quebec mining scene, Mr. Salamis holds a degree in Geology from the University of Montreal and has spent over 5 years working in the Val d'Or area in mining and exploration, primarily with Placer Dome Inc.
"2013 is going to be a critical year for Integra and we remain committed to ensuring we have a professional team in place capable of executing our corporate initiatives and creating value for our shareholders. We are pleased to add Mr. Salamis to our team and look forward to working with him, drawing on his technical expertise in gold exploration and development as well as corporate experience with a number of successful gold focussed companies," commented Company President and CEO, Stephen de Jong.
The Company also announces it has granted a total of 520,000 options to a director and employees/consultants of the Company. The options are set at an exercise price of 21 cents and expire on January 22, 2017.
ON BEHALF OF THE BOARD OF DIRECTORS
Stephen de Jong
CEO & President