International Silver Inc. Announces New Directors to Expand Board
August 21 2012 - 9:30AM
Marketwired
International Silver Inc. (OTCQB: ISLV) (PINKSHEETS: ISLV) is
pleased to announce that its Board of Directors has appointed Mr.
John Kennedy of Columbus, Ohio, Mr. Clint Walker of Los Angeles,
California and Mr. Russell Alley of Milford, Utah as members to the
Board of Directors. The effective date of the appointments is
September 1, 2012.
Mr. John Kennedy is a founding member of Empire Advisors LLC, a
midmarket private equity fund based in Columbus, Ohio that is a
significant investor in the Company. Empire is also an investor in
other mining projects including CS Mining, LLC (www.csmining.com)
located near the Company's Pioche project. Mr. Kennedy is also a
Senior Partner at the law firm of Crabbe, Brown & James LLP
where he practices government relations. Mr. Kennedy is a past
appellate court judge and past president of City Council in
Columbus, Ohio. He received his Law degree in 1978 from Ohio
Northern University-Claude W. Pettit College of Law and a Bachelor
of Arts (Finance, with honors) degree in 1975, from the University
of Bridgeport.
Mr. Clint Walker is a General Partner at Clarity Partners, L.P.,
a venture capital and private equity firm based in Los Angeles,
California. He is Chairman of the Board of CS Mining LLC., a
copper, gold and silver mining company based in Milford, Utah. Mr.
Walker also sits on the boards of TelePacific Communications and
CaseStack. Mr. Walker received his Bachelor of Business
Administration in Accounting in 1985 at Pacific Union College.
Mr. Russell Alley is President of CS Mining LLC, a copper, gold
and silver mining company based in Milford, Utah. Mr. Alley has
over 40 years in the mining industry focused on base metals. He
received a Bachelor of Science degree in Metallurgical Engineering
at the University of Arizona in 1968 and a Master of Science degree
in Management from Troy State University in 1975.
Mr. Shipes, the President and CEO of the company, commented:
"International Silver Inc. is very fortunate to be able to add such
exceptional technical and corporate expertise to its board, with
the addition of Mr. Kennedy, Mr. Walker and Mr. Alley."
About International Sliver Inc.
International Silver Inc., headquartered in Tucson, Arizona, is
an exploration and mine development company with properties in
Nevada, Montana and California. An emerging silver company,
International Silver's common shares are traded on the OTCQB under
the symbol ISLV.
Statements made which are not historical facts, such as
anticipated payments or purchases are "forward-looking statements"
and involve a number of risks and uncertainties that could cause
actual results to differ materially from those projected,
anticipated, expected or implied. These risks and uncertainties
include, but are not limited to, metals price volatility,
volatility of metals production and costs, exploration risks and
results, political risks, project development risks, labor issues
and ability to raise financing. Refer to the company's Form 8-K,
Form 10-Q and 10-K reports for a more detailed discussion of
factors that may impact expected future results. The company
undertakes no obligation and has no intention of updating
forward-looking statements.
International Silver's Home Page can be accessed on the Internet
at www.internationalsilverinc.com.
International Silver Inc. Matthew J. Lang Vice President -
Administration 520-889-2040 ext. 10
mlang@internationalsilverinc.com
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