Firebird Resources (FIX-V) Appoints President and CFO and Grants Options
March 25 2011 - 6:00AM
Marketwired
Firebird Resources Inc., ("Firebird" or the "Company") (TSX
VENTURE: FIX) is pleased to announce that it has appointed Mr. John
F. Cook as President and CEO effective immediately. Mr. Cook has
over 45 years of mineral resource experience, most recently as
Chairman of Premier Gold Mines Limited from 2007 to 2010, and prior
thereto, with Wolfden Resources Inc., between 2004 and 2007.
In addition, the Company reports that Stephen Gledhill, CMA, has
been appointed as CFO and Secretary effective immediately. Mr.
Gledhill acts as CFO of a number of emerging resource companies and
is a partner in RG Mining Investments Inc., a mineral project
generation and services company.
John Cook, President and Chief Executive Officer, stated: "I
look forward to managing the growth of Firebird as we seek to
create shareholder value through the exploration of our strategic
land holdings in South Carolina."
Mr. Thomas R. Tough resigned from his position as President and
CEO of the Company effective immediately, however he will continue
to act in his capacity as a director. In addition, Garth Sinclaire
resigned from his position as Chief Financial Officer and Secretary
of the Company effective immediately. The Company thanks Mr. Tough
for his leadership over the past fourteen months and Mr. Sinclaire
for his services over the past 3 1/2 years.
The Company also reports that, subject to regulatory approval,
it has granted 4,000,000 stock options at $0.60 per share to its
management, directors, consultants, advisors and charities expiring
December 31, 2013, all subject to quarterly vesting terms over
periods of one to two years, established by the Company's
compensation committee.
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.
Contacts: Firebird Resources Inc. Thomas R. Tough, P. Eng.
Director 604-946-0787
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