|February 15, 2012|
Energold Named to the 2012 TSX Venture 50 and Hires a New Investor Relations Manager
|Energold Drilling Corp. ("Energold ") is pleased to announce that it has been named to the TSX Venture 50, placing eighth within its segment of Diversified Industries.|
The TSX Venture 50 names the Top 10 Companies in each of five major industry sectors - Mining, Oil & Gas, Technology/Life Sciences, CleanTech and Diversified Industries-- based on a ranking formula with equal weighting given to one-year revenue (last reported 12 months), return on investment, market cap growth and trading volume.
In addition, Energold has appointed Jerry Huang as Investor Relations Manager.
Mr. Huang has more than 10 years' experience with private and public companies in marketing, finance, and sales capacity. Prior to this appointment, he was the Corporate Development and Investor Relations Manager for a group of junior venture mining and energy issuers, playing a pivotal role in raising over $20 million globally for precious, base and industrial metals projects. He commenced his career as a senior banking advisor with a major Canadian bank, generating over $40 million dollars of secured equity and investments business in 2007 from his portfolio. Mr. Huang received his MBA from the University of British Columbia, specializing in Finance & Strategic Management.
Subject to regulatory approval, Mr. Huang will be granted an option to purchase until February 14, 2017, 30,000 common shares in the capital of the Company, at the price of $5.13 per share.
Energold Drilling Corp. is a global contract diamond drilling company servicing the mining and energy industry. Throughout its operations in the developing world, Energold emphasizes an environmentally and socially sensitive approach to drilling. Energold also holds 6.87 million shares of IMPACT Silver Corp.
On behalf of the Directors of Energold Drilling Corp.
"Frederick W. Davidson"
For further information, please contact:
Jerry Huang - Manager, Investor Relations
(604) 681 9501 or via email at email@example.com
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.
Forward-Looking Statements. Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to proposed activities, work programs and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the effects of general economic conditions, the price of commodities, changing foreign exchange rates, actions by government authorities, title matters, environmental matters, reliance on key personnel, the ability for operational and other reasons to complete proposed activities and work programs, the need for additional financing and the timing and amount of expenditures. IMPACT does not assume the obligation to update any forward-looking statement.
1100 - 543 Granville St.
Vancouver, BC V6C 1X8
Telephone 604 681 9501
Facsimile 604 681 6813
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