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News Releases
| | August 02, 2007
Hana Mining Appoints CFO
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| | Vancouver, BC, August 2, 2007 -- Hana Mining Ltd. (TSX-V: HMG) is pleased to announce the appointment of Mr. William (Bill) David Thomas as Chief Financial Officer of the Company.
Mr. Thomas has 30 years of financial management experience with a strong focus on the natural resource sector. His background includes over two decades with international energy company Kerr McGee, which has since been acquired by Anadarko Petroleum Corporation, as well as with Denison Mines Ltd. (now Denison Mines Corp.). While at Kerr McGee, Mr. Thomas held a variety of increasingly responsible management positions at the company's operations in Calgary, Oklahoma City, London and Beijing. His areas of expertise include financial and Sarbanes Oxley reporting, budgetary management and cost controls, taxation, business development and international relations. He completed an Honors Bachelor of Commerce and Finance degree at the University of Toronto and received his Chartered Accountant's designation in 1977.
"We are very pleased to welcome an executive of Bill's ability to the company," said Peter Wilson, President of Hana Mining. "His wide-ranging skills and knowledge will be great assets to us as we move forward with our active exploration programs."
As part of his compensation package, Mr. Thomas has been granted 100,000 stock options, each such option entitling the holder thereof to acquire one common share of Hana Mining at $0.45 cents. The options will vest in stages over two years and expire in 2012.
In accordance with the transition of its business operations from Toronto to Vancouver, Hana Mining has accepted the resignation of its Chief Financial Officer, Erik Martin, effective July 31, 2007. Hana Mining would like to thank Mr. Martin for his contributions to the company and wish him continued success in all of his future endeavors.
ABOUT HANA MINING LTD.
Hana Mining is a junior exploration company seeking to acquire, explore and develop highly prospective precious, base metal and other mineral projects worldwide, with emphasis in southern Africa. The Company has signed a letter of intent to acquire a 70% controlling interest in the Ghanzi Copper Project, a highly prospective property in northwestern Botswana. Consisting of five license blocks covering 4,370 square kilometers, the project lands are host to widespread sediment-hosted copper mineralization.
FURTHER INFORMATION
Peter G. Wilson
President, Hana Mining Ltd.
(604) 893-7090
info@hanamining.com
<I>The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.</I> |
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