Mr. Peter Berdusco reports
INTERNATIONAL BETHLEHEM MINING CORP. ANNOUNCES DIRECTOR APPOINTMENTS AND AUDIT COMMITTEE RECONSTITUTION
International Bethlehem Mining Corp. has appointed Shawn Balaghi and Greg Davison to its board of directors as independent, non-management directors. The appointments remain subject to acceptance by the TSX Venture Exchange.
Shawn Balaghi
Mr. Balaghi has over 25 years of experience in capital markets and public companies, including senior executive and board roles involving corporate finance, capital markets, and public company governance. Mr. Balaghi has served as a director and officer of CyberCatch Holdings Inc. (TSX Venture Exchange: CYBE) for the past two years and was instrumental in arranging the sale of CyberCatch Holdings for approximately $132-million.
Greg Davison
Mr. Davison is a professional geologist with 47 years of experience in mineral exploration, project evaluation, technical advisory and project management across a broad range of geological settings. He is currently licensed in British Columbia and has extensive experience in precious and base metals, ore mineralogy, process metallurgy, and resource project development. He completed his BSc, honours geology, at Dalhousie University and MSc, geology, at Brock University.
Mr. Davison has served as an officer, director, and technical adviser to public and private exploration and metallurgical consulting companies and has acted as a qualified person for National Instrument 43-101 technical reports and disclosure in Canada, the United States and Mexico. Over the course of his career, he has contributed to the exploration, evaluation and process development of mineral projects in more than 40 countries.
Audit committee
Subject to exchange acceptance of the appointments, the company will reconstitute its audit committee to consist of Troy McIntyre, Mr. Balaghi and Mr. Davison, with Peter Berdusco stepping down from the audit committee while remaining the company's chief executive officer, president and a director.
The appointments and audit committee reconstitution form part of the company's continuing efforts to satisfy the corporate governance and other requirements associated with its application for reinstatement to trading.
Board of directors
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Peter Berdusco -- president, CEO and director;
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Troy McIntyre -- director and secretary; audit committee member;
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Shawn Balaghi -- independent director; audit committee member;
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Greg Davison -- independent director; audit committee member.
"We are pleased to welcome Shawn and Greg to the board," said Peter Berdusco, president and CEO of International Bethlehem Mining. "Their combined capital markets, public company and technical resource experience strengthens the company as we move forward with our reinstatement and evaluate new opportunities in the resource sector."
About International Bethlehem Mining Corp.
International Bethlehem Mining is a Vancouver-based minerals and metals exploration company that has focused on gold and mineral properties in British Columbia, Canada. As of recent Bethlehem is expanding its attention globally and adding critical metals on its exploration interest.
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