US Precious Metals, Inc. (USPR) Announces Appointment of Ambassador Hans Hertell as Chairman and Scott Hartman as Chief Exect...
January 13 2015 - 9:00AM
Access Wire
NEW YORK, NY /
ACCESSWIRE / January 13, 2015 / US Precious Metals, Inc.
(OTCQB:USPR) announces that on January 9, 2015 Former Ambassador
Hans H. Hertell has become Chairman of its Board of Directors and
Mr. Scott Hartman has become its Chief Executive Officer.
An attorney with over 30 years experience in government, public
affairs, business, and banking, Ambassador Hans H. Hertell was
sworn in as the United States Ambassador to the Dominican Republic
on November 8, 2001. At the time, the Dominican Republic was the
fourth largest trading partner of the United States in the Western
Hemisphere after Canada, Brazil, and Mexico, and the largest
economy in Central America and the Caribbean. When he finished his
tour on May 1, 2007, Ambassador Hertell was the second longest
serving U.S. Ambassador in the world.
Mr. Scott Hartman has over 20 years of experience as an
executive (including Chief Executive Officer roles) and board
member of both public and privately held businesses. Mr. Hartman
has been one of the founders of two different private equity firms
and founded his own merchant bank, Hartman Investments, LLC, in
1999. Hartman Investments, LLC makes control and non-control equity
investments in micro-cap companies in various industries, sources
debt and equity growth capital to small and micro-cap businesses.
Additionally, Mr. Hartman manages assets through the Encore
Advisors Platform for high-net worth individuals, corporations,
endowments and foundations.
On that same date, Mr. Jerry Pane resigned, as Chairman, Chief
Executive Officer, and member of its Board of Directors due to
health reasons.
Ambassador Hertell stated, "I am delighted to assume the role of
Chairman of the Board of Directors of USPR as we move to prove our
asset in Michoacán, Mexico."
Mr. Scott Hartman said, "On behalf myself and our shareholders,
I want to thank Jerry Pane for leading USPR for the last 3 plus
years. During his tenure, Mr. Pane has assembled a stellar Board of
Directors, completed satellite imaging of our property along with
completing the ground analysis of some of the 71 imaged anomalies."
Mr. Hartman went on to say," We will miss Mr. Pane who has
substantially improved the positioning of USPR in the
marketplace."
Mr. Hartman continued, "I am excited to become CEO of USPR as we
prepare to enter the drilling stage in the near future and to
"prove" this valuable asset. I will keep our shareholders informed
of all our progress as we move forward."
For further information, visit the Company's website:
www.usprgold.com.
This press release may contain certain "forward-looking
statements" relating to the business of U.S. Precious Metals, Inc.
and its subsidiary. All statements, other than statements of
historical fact included herein are "forward-looking statements"
including statements regarding the Company's short term business
and operations, the general ability of the Company to achieve its
commercial objectives, the business strategy, plans and objectives
of the Company and its subsidiaries; and any other statements of
non-historical information. These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects", “intended” or similar expressions, involve
known and unknown risks and uncertainties. Although the Company
believes that the expectations reflected in these forward-looking
statements are reasonable, they do involve assumptions, risks and
uncertainties, and these expectations may prove to be incorrect.
Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's
annual report of Form 10-K and its periodic reports that are filed
with the Securities and Exchange Commission and available on its
website (http://www.sec.gov). All forward-looking statements
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these factors. Other than
as required under the securities laws, the Company does not assume
a duty to update these forward-looking statements.
Investment & Company Information
Contact:
Steve Chizzik
Investor relations
The Verrazano Group, LLC
+1(973) 232 5132
SOURCE: US Precious Metals, Inc.