SYS-CON MEDIA Authors: Lori MacVittie, RealWire News Distribution, Cynthia Dunlop, Mark O'Neill, Kevin Benedict

News Feed Item

Farhad Abasov Responds to Recent Celeste Mining Corporation News

TORONTO, ONTARIO -- (Marketwire) -- 02/08/13 -- In response to Celeste Mining Corporation's (the "Corporation") February 6, 2013 news release, Mr. Farhad Abasov announces that the Corporation's board of directors resolution cancelling Mr. Abasov's consulting agreement as Chairman was adopted at a meeting where both Mr. Abasov and a director representing the largest shareholder of the Corporation were absent. Mr. Abasov has provided formal notice to the Corporation of his dissent to the resolution.

Mr. Abasov remains a director of the Corporation and committed to maximizing shareholder value. Mr. Abasov is in the process of evaluating his best course of action going forward to advance the interests of all the Corporation's stakeholders.

Neither 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:
Farhad Abasov
fabasov@allanapotash.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.