TORONTO,
Sept. 18, 2013 /CNW/ - White Tiger
Gold Ltd. ("White Tiger" or the "Company") (TSX: WTG)
announces that (i) it is changing its name to Mangazeya Mining
Ltd.; (ii) its stock exchange listing will be transferred to the
NEX; and (iii) it has made additions to its management team.
Name Change to Mangazeya Mining Ltd.
The Company has officially changed its name to
"Mangazeya Mining Ltd." The name change reflects the increased
operational and financial support of Mangazeya Financial LLC, an
investment and brokerage firm based in Moscow, Russia that focuses on brokerage and
asset management services for corporations and individuals.
Mangazeya Financial LLC is controlled by Mr. Sergey Yanchukov, who is also the majority and
controlling shareholder of the Company.
Transfer of Listing to NEX
The Company also announces that it is
transferring its exchange listing to the NEX board of the TSX
Venture Exchange. As of September 23,
2013, the Company will commence trading on the NEX as
"Mangazeya Mining Ltd." under the trading symbol "MGZ.H" (CUSIP
G57919105; ISIN VGG579191054).
Additions to the Management Team
The Company is also announcing that it has
appointed Mr. Sergey Emelianov as
the Deputy Director in Charge of Production, Mr. Valery Kolnogorov as Mine Director and Mr.
Sergey Reshetnikov as Chief
Processing Engineer.
Mr. Sergey
Emelianov graduated from Moscow State University of
Geological Survey as a mining engineer. He began his professional
career in 1978 at the Navoy Mining and Smelting Plant in
Uzbekistan, where he worked for 26
years and made his way up from a mechanic to Deputy General
Director. He also worked at Dzheruy-Altin LLC in Kazakhstan and as a Deputy General Director at
Neryungri-Metallik LLC, which was part of Nordgold, from 2010 to
2011. In 2003 he was awarded the title of "Veteran of the
Ministry of Atomic Energy and Industry of the Russian Federation" and "Honored Worker of
Industry of the Republic of Uzbekistan".
Mr. Valery
Kolnogorov graduated from Sverdlovsk Mining University as a
mining engineer-surveyor in 1980. He began his professional
life as a Chief Mining Surveyor at Aldangold in the Russia. Mr. Kolnogorov spent 28 years
with Aldangold, where he rose up to the post of Chief Operating
Officer. From September 2009
till July 2011 he was a Chief
Operating Officer at Neryungri-Metallik LLC. In 2006 he was
awarded the title of "Honored Miner of the Russian Federation".
Mr. Sergey
Reshetnikov graduated from Tomsk Polytechnic Institute as a
manufacturing engineer and began his professional career as a shift
foreman. Mr. Reshetnikov worked as a Chief processing
engineer in Kirgiz ore-mining plant at the Karatau JV LLP in
Kazakhstan). He was also the
Chief Technologist of Khiagda JSC in the Buryatia Republic and
Chief Engineer of the gold processing plant at the Karalveem Mine
in Kamchatka, Russia.
Commenting on the new appointments, Sergey
Yanchukov, Chief Executive Officer and Chairman of White Tiger Gold
said, "On behalf of the Board of Directors, I would like to welcome
highly regarded management professionals to our Company."
About White Tiger
White Tiger Gold Ltd. is a TSX-listed mining and
exploration company, focused on the development of mineral
resources in the Russian
Federation.
Neither the 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.
SOURCE White Tiger Gold Ltd.