2013-01-14 19:54:19 -
EDMONTON, ALBERTA -- (Marketwire) -- 01/14/13 -- Agau Resources, Inc. (TSX VENTURE:AGS.H) ("Agau" or the "Corporation") announced today that Bart Lawrence has resigned as an officer and director of the Corporation and William Moure has resigned as a director of the Corporation.
The board of directors of Agau has appointed Rahim Mohamed and Wes Rosso as directors of the Corporation to hold office until the next annual meeting of shareholders.
Mr. Mohamed comes to Agau with extensive experience in corporate finance and management of junior resource companies. For over 15 years, Mr. Mohamed has created and implemented successful investor relations and corporate communications strategies as a consultant and/or founding partner of numerous resources and real estate based transactions.
Mr. Mohamed also has a strong background in operational analysis and new venture evaluations with particular knowledge of the oil industry. He has also been directly involved in several industry related acquisitions, overseeing cash management and control systems, and helped guide equity and debt financing.
Mr. Rosso comes from a business background and received a BBA from Okanagan University College in 2001 with majors in accounting and financial management. Mr. Rosso has applied his focus to building his own trades company for the last 13 years while continuously taking supplementary business and investment related courses.
Recently Mr. Rosso has been involved in the field of real estate investment and is entering into the natural resources sector through various consulting positions. In addition to his experience and abilities, Mr. Rosso brings industry wide professional contacts and affiliations. With his skills and experience in administrative and financial management, Mr. Rosso will focus his efforts within the Corporation on ensuring compliance to regulatory and accounting standards.
Mr. Mohamed will take the role of interim President until the next annual general meeting.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Agau Resources, Inc.
President and Chief Executive Officer