|By Marketwired .||
|January 17, 2014 05:31 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/17/14 -- Silver Stream Mining Corp. (the "Company" or "Silver Stream") (OTCQB: AGSM) announced today its Board of Directors has appointed Terrence Byberg as the Company's President and Chief Executive Officer, and a Director. Mr. Byberg brings 42 years of international experience to Silver Stream in the management and operation of mining companies. He recently joined Silver Stream as part of its newly formed Technical Advisory Team to advise the Company on the acquisition and operation of future projects.
Concurrently, Mr. R.M. (Mike) Robb, P.E., has been appointed to the Company's Board of Directors. Mr. Robb brings 47 years of international mining experience to Silver Stream as a mining engineer. He recently joined Silver Stream as part of its newly formed Technical Advisory Team to advise the Company on the acquisition and development of future projects.
Mr. Byberg will replace Robert Bell who has served as the Company's President and Chief Executive Officer since its inception. Mr. Bell comments: "Our goal has been to position the Company whereby we could attract a veteran management team to advance Silver Stream in today's challenging markets. On behalf of our shareholders, we welcome Terry and Mike."
Mr. Byberg was Founder and Vice President of Mining for Chieftain Metals, Inc. and was the Founder, President and CEO of Silver Eagle Mines, Inc. Mr. Robb was Vice President of Development for Silver Standard Resources and is Author of nine technical papers and co-author of one patent and one reference book.
Concurrent with these appointments, Robert Bell, Richard Novis and Barry Price will depart from their current Board and Management positions. Silver Stream wishes to thank each of these gentlemen for their service to the Company. Don Bossert, Silver Stream's Chief Financial Officer will replace Richard Novis as the Company's Corporate Secretary.
About Silver Stream: Silver Stream is a natural resource company engaged in the acquisition of, exploration for, and development of, metallic mineral resources in the Americas. The Company is currently focused on delivering shareholder value through the exploration of the Solomon Pillars Property in Beardmore, Ontario, Canada and the Metates Project in Sinaloa, Mexico. The Company's Technical Advisory Team, with expertise in geology, engineering and operations provides a foundation to assess other mining projects for potential acquisition or joint venture opportunities throughout the Americas and to pursue the development of the Company's existing projects in a focused and economical manner.
FORWARD LOOKING STATEMENTS:
Information contained herein regarding optimism related to the Company's business, expanding exploration, development activities and other such statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to the safe harbors created thereby. While Silver Stream believes such statements are reasonable, they are based on current expectations, estimates and projections about the Company's business and are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many factors including market prices for the Company's mineral products, international and domestic economic conditions, and other risk factors listed in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release, except as required by applicable law.
Silver Stream Mining Corp.
President and C.E.O.