TORONTO, ONTARIO--(Marketwire - Oct. 3, 2011) - Tawsho Mining Inc. (TSX VENTURE:TAW) ("Tawsho" or the "Corporation") is pleased to announce the appointment of Gijsbert Groenewegen as a director of the Corporation.
Mr. Groenewegen has gained an in-depth understanding of the hard commodities and mining markets through over 20 years working directly in the brokerage industry and capital markets. He is the founder of Silver Arrow Capital Management, Ltd., a Cayman based hedge fund. Mr. Groenewegen has extensive experience as a mining analyst and frequent guest panelist on news and television network programming Bloomberg TV. He is also regularly sought out as a contributor to Barron's, Bloomberg and the Dow Jones newswires.
Over his career, Mr. Groenewegen served several prominent European capital and agency firms, including Baring Securities, London (1989-1991), The Europe Company, London and Paris (1991-2000), and Jefferies International, London (2000-2001). The Europe Company, which he co-founded, was sold to Jefferies International.
Gijsbert Groenewegen was educated at the University of Amsterdam, the Netherlands where he holds a Masters' degree in tax law. He also holds a Masters' degree in corporate law from Leiden University, the Netherlands.
Zoran Arandjelovic, Executive Chairman of Tawsho states, "I am very pleased by the addition of Mr. Groenewegen to Tawsho's board of directors. He will add a valuable perspective on the commodities and mining sector and will bring extensive experience in capital markets which will be very important as Tawsho looks to develop its growing gold interests."
About Tawsho Mining Inc.
Tawsho is a mining exploration company focused on the acquisition, exploration and development of gold resources and advanced stage gold exploration projects. The Corporation is presently developing its Chevrier project (comprised of 557 claims, covering an area of 9542 hectares, or 95.4 sq. km) in the Chibougamau region of Quebec and its Whisker Valley project (comprised of 913 claims, covering an area of 21,875 hectares, or 218.8 sq. km) in Baie Verte, Newfoundland. Tawsho currently has approximately 22 million common shares outstanding.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as a term that is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.