Parkside Resources Provides Corporate Update
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TORONTO, April 30, 2014 /CNW/ - Parkside Resources Corporation (TSX-V: PKS) ("Parkside", or the "Company") is pleased to announce the appointment of Richard Goldman as President and Chief Executive Officer of the Company. Richard has been the Company's Chief Financial Officer since February 2011, and has been instrumental in guiding the Company's strategic direction for the past three years. Marie-Josée Audet, an employee of Marrelli Support Services Inc., has been appointed as Chief Financial Officer of the Company. Marie-Josée is a Canadian Chartered Professional Accountant and has a Master of Business Administration. She has provided financial services primarily to junior exploration companies for the past five years. In association with her appointment Marie-Josée has been granted 125,000 incentive stock options under Parkside's incentive stock option plan. The options are exercisable at a price of $0.05 per share for a period of five years from the date of the grant.
The Board of Directors of Parkside Resources would like to thank J. David Mason for his significant contributions as interim President and CEO at a key point in the development of the Company. David's goals for his six-month term were to introduce Parkside to a broader range of potential investors, to clarify the Company's strategic direction, and to strengthen Parkside's relationships with advanced technology providers and experienced contractors. All of these goals have been met, providing Parkside with a substantially more stable footing as it moves forward with its exploration program. David will continue to play an important role as a member of Parkside Resources' management team in the position of Special Advisor - Finance and Exploration.
"David's input has been extremely helpful in positioning Parkside for ongoing success," said Richard Goldman, Parkside's CEO. "I am looking forward to continue to work with David to advance the Forester Lake Gold Property and to achieve other significant milestones for Parkside Resources."
About Parkside Resources Corporation
Parkside Resources Corporation is a Canadian based mineral exploration company dedicated to building shareholder value through focused exploration, discovery and development of high quality precious and base metal projects. The Company has entered into an Option and Joint Venture Agreement with Benton Resources Inc. to explore the Forester Lake Gold Property, and has earned a 60% interest in the Property, which is located approximately 100km north of Pickle Lake, Ontario and roughly 35km southeast of Goldcorp's Musselwhite Gold Mine. Incorporated in 2005, Parkside Resources Corporation is a reporting issuer in the provinces of British Columbia and Alberta, the common shares of which are listed for trading on the TSX Venture Exchange under the symbol TSX-V: PKS.
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.
Forward Looking and other Cautionary Information
This release includes certain statements that may be deemed "forward‐looking statements". All statements in this release, other than statements of historical facts that address exploration drilling, exploitation activities and other related events or developments are forward‐looking statements. Although the Company 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 exploitation successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward‐looking statements.
SOURCE: Parkside Resources Corporation
Richard Goldman, President, Tel: 416-862-1500: Fax: 416-862-1501, Email: [email protected], Website: www.parksideresources.com; Robin Sundstrom, 647-822-8111, Email: [email protected], Website: www.ironsideir.com
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