2013-01-17 15:05:11 -
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/13 -- Long Harbour Exploration Corp. (TSX VENTURE:LHC) (the "Company") is pleased to welcome Michael Facundo to its Advisory Board.
Mr. Facundo brings years of leadership experience as a business leader, including in the aviation / transportation industry. His proven track record and international network are expected to strengthen the Company's ability to grow internationally.
Peter Espig, LHC CEO, commented, "We are pleased to further strengthen our advisory committee as we continue to work towards, what we consider to be an attractive investment opportunity for our investors."
About Michael Facundo:
Michael Facundo has extensive international management experience in the electronic assembly and the financial services industries. As Director and General Manager of various Daimler AG subsidiaries, Michael was involved in spin-offs that were sold to Vishay, Atmel, Temic Microtune, Continental Temic, Debis IT (Deutsche Telekom) and ADtranz (Bombardier). During this time, Michael helped set-up a global logistics center with FedEx to handle a majority of worldwide semiconductor sales.
His background includes international sales with Siemens AG, and as Vice President and division manager of Siemens (Phils.) Inc. Transportation Systems. Prior to this, he was Marketing Director, for Customer Loyalty at American Express, Travel Related Services, where he launched reward programs with airline partners like Swissair, and Continental Airlines.
He has provided management services and has served as President and/or Director of various private and public companies. Michael graduated with a Bachelor of Science degree in Management Engineering from Ateneo de Manila University and a Masters of Business Administration from Harvard University.
About Long Harbour Exploration:
Long Harbour Exploration currently holds two uranium properties in the Athabasca Basin, the world's leading source of high grade uranium, that it expects to spin out and list on the Canadian Stock Exchange (CNSX) though a plan of arrangement in order to focus on its joint venture with Composite Transport Technologies ("CTT"). As stated in the November 21, 2012, Long Harbour will hold 70% of the joint venture. Subject to TSX approval, the Company plans to complete a change of business ("COB") for the Company under the policies of the TSX Venture Exchange (the "TSXV").
Cautionary Statement Regarding "Forward-Looking" Information
Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
The Company will provide additional transaction details in subsequent news releases.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Long Harbour Exploration Corp.