(From SEDAR) EUROTIN – APPOINTMENT OF NEW CEO AND UPDATE ON THE OROPESA TIN PROJECT October 15, ailment 2013 –Toronto, visit this Ontario – Eurotin Inc. (“Eurotin” or the “Company”) (TIN- TSX Venture), is pleased to announce the appointment of Trevor Richardson as the new President and CEO and a director of the Company and to provide an update on activities at its Oropesa tin project in SW Spain. Appointment of New President and CEO Trevor Richardson, a Qualified Person and a co-founder and director of Caracle Creek International Consulting (CCIC), has extensive exploration and mining experience in Madagascar, Zambia, the DRC, South Africa and Canada. In addition, Trevor has managed several multi-million dollar projects from conception, through exploration and into production. He was previously the President/CEO of Mukuba Resources and COO of Aurigin Resources. Trevor Richardson comments: “I have been aware of Eurotin’s Spanish projects from their inception and have been impressed by the results achieved to date. I intend to progress these projects by building on the work already achieved. My industry experience should benefit the company and its team and my top priority is to maximise shareholder value.” Peter Miller (former President and CEO) comments: “Oropesa has been a challenging project in that the geological setting for its tin mineralization is probably unique. Now that our understanding of Oropesa has progressed sufficiently, it is time to hand over the process of taking this project forward to both experienced and younger hands. I am therefore resigning as President and CEO and placing the company’s future in Mr. Richardson’s capable hands. I shall remain with the Company as a director and in an operations capacity. I would like to take this opportunity of thanking our shareholders for their support, both financial and otherwise, during the recent challenging phase of our company’s history.”
Peter Miller BSc (Geol), MBA, CSci. (President, Director): Mr. Miller began his career as a mine geologist in 1970 with the Libanon gold mine in South Africa. From 1974 to 1985, he was employed by leading South African brokerage houses, where he was several times voted the country’s top mining analyst. In 1982, Mr. Miller co-founded MasterBore, which grew to become South Africa’s second largest drilling company during the ensuing five years. In 1985, he returned to the UK and became a senior mining analyst with Shearson Lehman Brothers. Shortly thereafter, Mr. Miller joined Canada’s Yorkton Securities, and worked as both a senior mining analyst and investment banker. In 1997, he founded Icelandic Gold, which ultimately became Iberian Minerals Corp. During the period 1999-2008, while Mr. Miller served as President and CEO, the company purchased and developed the $500 million Aguas Tenidas copper/zinc mine in southern Spain, and purchased the Condestable copper mine in Peru. In 2008, he acquired the option rights to majority interests in two tin projects in Spain, which are now the principal assets of Eurotin. Mr. Miller holds a B.Sc. degree in geology, and a MBA.
John Hick BA, LLB John Hicks (Chairman): John Hick is the President and Director of John W. W. Hick Consultants Inc., which provides consulting services to public and private companies in the areas of corporate restructuring, acquisitions, financial and executive management and financing. Prior to founding this consultancy, Mr. Hick served as the President and CEO of Medoro Resources Ltd. (October 2009 to September 2010), the Vice-Chairman and Director of Rio Narcea Gold Mines, Ltd. (January 2006 to June 2006), and the CEO of Rio Narcea Gold Mines, Ltd. (December 2004 to December 2005).
David Danziger B.Comm., CA David Danziger (Director): Mr. Danziger is currently a senior partner at MSCM LLP, Chartered Accountants, a full service audit and accounting firm located in Toronto. He has over 25 years experience in audit, accounting and management consulting, with over 10 of those years years specific to the mineral resource sector. Mr. Danziger currently serves as a Director for Cadillac Ventures (TSXV), Carpathian Gold Inc. (TSX), Goldspike Exploration Inc., Renforth Resources (CNSX) and American Apparel Inc. (NYSE). He is also the President and CEO of Renforth Resources. Mr. Danziger graduated with a B. Comm. degree from the University of Toronto, and holds the Chartered Accountant designation. He is a founder of Eurotin, and previously served as Eurotin’s President, CEO and CFO.
Colin Jones BSc Mr. Colin Jones B.Sc. serves as an Independent Director of Eurotin Inc. Mr. Jones is a mining exploration and geological consultant with 30 years experience. Previously Mr. Jones was the Executive Vice President of Dundee Resources Limited responsible for sourcing investment opportunities globally in exploration and development companies as well as management of associated technical evaluation and due diligence programs. He has worked on all continents on producing mines as part of feasibility teams and as an explorationist. From 1998 to 2006 Mr. Jones served as Partner and Manager Audits for RSG Global and from 1994 to 1998 he served as an Exploration Manager for Freeport Indonesia. Mr. Jones was a Director of Helio Resource Corporationration since January 21 2008 Geodrill Limited since November 15 2010 and Premium Exploration Inc. since July 2010. Mr. Jones served as a Director of Odyssey Resources Ltd. from January 2008 to September 2008.