CONCORD, ONTARIO--(Marketwire - Feb. 27, 2009) - Tawsho Mining (TSX VENTURE:TAW) ("Tawsho" or the "Company") is pleased to announce the appointment of Mr. Tim Searcy as President of the Company and Mr. Alan Friedman as VP Corporate Development and a member of the Board.
Mr. Searcy, former President and CEO of Luna Gold Corp., holds a M.Sc. in Geology and an M.B.A., both from the University of Toronto. Prior to joining Luna, Mr. Searcy worked in the corporate offices of Placer Dome where he held positions in Treasury, and Corporate Development (M&A). Mr. Searcy also served as the VP, Business Development for Nautilus Minerals Inc. He was the second employee of Nautilus and played a key role in taking it public. During his time with Luna and Nautilus, Mr. Searcy was involved in facilitating capital raises of approximately $300 million. Mr. Searcy is a Professional Geologist registered in British Columbia.
Mr. Friedman is the founder and principal of an investment firm involved in the business of identifying, financing, structuring, administering and managing resource opportunities in emerging markets. Mr. Friedman previously held the position of Executive VP for a private mining finance group in Canada and during his 9 year career in the resource sector, has been significantly involved in capital raising, and building resource companies. Mr. Friedman, through his wholly owned consulting company, will provide corporate development services to Tawsho. Mr. Friedman is a South African qualified attorney and a Director of the Canada-South Africa Chamber of Business.
Mr. Raymond Savoie will continue as CEO of the Company.
Tawsho Chairman, Zoran Arandjelovic, comments "We are very pleased to complement Tawsho's existing management and board with Tim and Alan, who have both had significant experience in creating and building junior mining companies. Through their extensive networks in North America and developing countries, Tim and Alan will add considerable value as the company embarks on its aggressive growth strategy of acquiring and developing undervalued but high potential precious metal projects."
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Tawsho Mining Inc.