Declan Resources Inc. Announces Appointment of David Miller as New President and CEO
28 Februar 2014 - 8:57PM
Marketwired
Declan Resources Inc. Announces Appointment of David Miller as New
President and CEO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 28, 2014) -
Declan Resources Inc. ("Declan" or the "Company") (TSX-VENTURE:LAN)
is pleased to announce that David Miller, subject to the approval
of the TSX Venture Exchange, will join the company as Director,
President and CEO.
David Miller is the former CEO of Strathmore Minerals Corp. and
was instrumental in its ultimate sale to Energy Fuels Inc. in 2013.
Mr. Miller's primary professional focus has been on uranium
exploration, development and mining with his career spanning over
20 years with a chain of companies that started with Utah
International and evolved into AREVA, the French Nuclear Power
Conglomerate. In addition he has consulted extensively for the IAEA
(International Atomic Energy Commission) in Austria and China. Mr.
Miller is a recognized expert in the nuclear and energy field and
has been seen, heard, and read in the New York Times, BBC, CNBC,
CNN, Business News Network, Wall Street Journal, Globe and Mail,
and Barron's. He is also the author of "Investing in the Great
Uranium Bull Market." A seventh term member of the Wyoming
Legislature, serving District 55 --Riverton, Mr. Miller has served
on Minerals, Revenue, Education, Corporations, and Judiciary
Committees. He was an original appointee to the Wyoming Energy
Commission and currently serves on the NCSL High Level Radioactive
Waste Committee and Energy Council. Mr. Miller graduated from the
University of Missouri with a degree in Geology. He is a Registered
Professional Geologist in Wyoming and is a Registered Member of the
Society for Mining, Metallurgy & Exploration. Mr. Miller was
the architect responsible for assembling Strathmore's uranium
property acquisitions in starting in 2004, when the uranium price
turned upward, and subsequently implementing the Company's two
prong approach with aggressive exploration acquisitions in the
Athabasca basin (now Fission) and development of previously
discovered uranium in the US. He was appointed President in 2004
and CEO in 2008
During his tenure at Strathmore from 1997 to 2013 Mr. Miller had
multiple roles spanning from president in 2004 to CEO in 2008 was
responsible for assembling a portfolio of uranium properties
exceeding 100 million+ pounds of uranium. Strathmore's Athabasca
Portfolio of projects resulted in at least two additional
discoveries of unconformity uranium deposits not yet fully defined.
He was also responsible for successfully recruiting and managing
Japanese and Korean Fortune 500 companies for multiple joint
ventures in Canada and the United States. During his time
Strathmore David had the pleasure of spinning out Fission Energy
Corp where he served as a board member and first President.
Wayne Tisdale comments, "On behalf of the board we would like
welcome Mr. Miller to our team. He brings a wealth of knowledge and
industry connections that are second to none in the uranium
exploration space. His success with Strathmore minerals in the
Athabasca area will prove to be invaluable for Declan moving
forward." Mr. Tisdale will continue as a Director of Declan.
Declan also announces that it has granted stock options to
acquire up to 2,000,000 common shares of the Company to certain
directors and officers. The stock options are exercisable for a
five year term expiring on February 28, 2019 and exercisable until
that time at a price of $0.11 per common share. One-third of the
options vested immediately upon the date of grant with an
additional one-third to vest on each of the dates that are nine
months and eighteen months from the date of grant. The stock
options, and any common shares issued upon exercise of the stock
options, are subject to a four month resale restriction.
The Company further announces the cancellation of 450,000
existing stock options.
About Declan Resources Inc.
Declan Resources Inc. is an independent mineral exploration
company based in Vancouver, B.C. which is currently pursuing
mineral exploration in their Nimini Hills and Baomahun license
areas in Sierra Leone and uranium mineralization in the Athabasca
Basin in Saskatchewan.
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.
Declan Resources Inc.Wayne TisdalePresident and CEO(604)
639-4455
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