Thursday, April 8, 2010
TSX Venture Symbol: DAU
Corporate Update
Vancouver, B.C.
-- Desert Gold Ventures Inc. ("Desert Gold" or the "Company") is
pleased to announce that Mr. Sonny Janda has been appointed to the
Board of Directors.
Sonny Janda serves as a Director of Lucky Minerals Inc. (TSX-V:LJ),
MaxTech Ventures Inc. (TSX-V:MVT) and EasyMed Services Inc.
(CNSX:EZM). He is also the Chief Executive Officer and a Director of
Grand Peak Capital Corp. (TSX-V:GPK). His experience is in asset
management, more specifically Real Estate Management. His work ranges
from Operational to Financial Management of Commercial and Residential
Assets and as well as Business Development for future investments. He
holds a Bachelors Degree in Economics from Simon Fraser University.
Mr. Janda will replace Deepen Ram as Director, who has resigned as
Vice-Chairman and from the Board of Directors. The Board wishes to
thank Mr. Ram for his service to the Company and wishes him all the
best in his future endeavors.
The Company has granted incentive stock options to its directors,
officers, employees and consultants to purchase a total of 1,900,000
shares of the Company at a price of $1.25 per share. The options
granted expire on April 8, 2015 and are subject to a hold period that
expires on August 9, 2010. Also, in accordance with the policies of the
TSX Venture Exchange, all of the
options are subject to vesting provisions for the first 18 months.
On Behalf of the Board of Directors:
“Eugene Beukman”
Eugene Beukman, President
For further information on Desert Gold Ventures Inc. please visit our website at:
www.desertgold.ca
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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