|By Marketwired .||
|October 8, 2013 01:56 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/08/13 -- Orestone Mining Corp. (TSX VENTURE:ORS) ("the Company") is pleased to announce the appointment of Mr. Andrew Muir to the Board of Directors.
Mr. Muir holds a Bachelor of Science (Honours) in Geology from the University of British Columbia and the Chartered Financial Analysts (CFA) designation. Prior to joining Orestone Mr. Muir was with Cardero Resource Corp. and for several years with Haywood Securities Inc. in Vancouver, an independent full service investment dealer, where he served as an Investment Advisor building and managing retail and institutional relationships. Prior to Haywood, Mr. Muir was a highly regarded Mining Analyst with Vancouver based investment dealers Canaccord Capital Corporation, PI Financial Corp., and Yorkton Securities Inc.
Andrew has been in the investment industry for over 25 years and brings extensive expertise in identifying and communicating investment opportunities, client development, trading, capital introductions, and risk management. He also provides substantial experience in evaluating and presenting resource companies that specialize in developing precious minerals and bulk materials.
On his appointment, Mr. Muir stated "I believe that Orestone has a solid management team and holds a promising copper-gold prospect in a politically stable jurisdiction, and I am excited to see where we can take this."
Mr. John Holmlund and Mr. Gordon Richards have resigned from the board to pursue other interests. Additionally Mr. Gary Nordin has resigned his position as Vice President of Exploration however Mr. Nordin will remain as the Company's Senior Consulting Geologist. The Board of Directors is now comprised of the following five members: David Hottman, Andrew Muir, Gary Nordin, Bob Wasylyshyn and Doug Willock.
Mr. Muir has been granted 150,000 options exercisable at a price of CAD $0.10 for a period of five years.
Orestone Mining Corp. is a Canadian based company that controls a portfolio of gold and gold-copper exploration projects in British Columbia, Canada. For more information please visit: www.orestone.ca.
ON BEHALF OF ORESTONE MINING CORP.
David Hottman, President and CEO
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 News Release. This news release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.