December 02, 2008 Dynasty Gold Announces Appointment of Chief Executive Officer
Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) ("Dynasty" or the "Company") is pleased to announce that Ms. Ivy Chong has been appointed as the President and CEO of the Company effective immediately. Ms. Chong has been the Interim CEO since September of 2007 and has been overseeing the Company's operations.
"Ivy has demonstrated a dedication to both Dynasty and to our shareholders through her work to seek out new opportunities for the Company," stated Tookie Angus, Dynasty's Chairman. "On behalf of the Board, I am pleased to announce Ivy's appointment and I am looking forward to working with her to grow the Company and bring further value to our shareholders."
Ms. Ivy Chong has been involved with Dynasty Gold for over 4 years in a number of positions, including CFO and Interim CEO. She has more than 18 years of experience in corporate finance, compliance and raising capital. Ms. Chong has previously worked as CFO with several private and publicly traded mineral exploration, mining and oil & gas companies.
The Company further announces that it has granted incentive stock options for the purchase of up to 2,750,000 common shares to directors, officers and consultants of the company at $0.01 per share, exercisable for a period of five years. Stock options granted are subject to a vesting period and regulatory approval.
Dynasty Gold Corp. is a Canadian gold exploration and development company and is in the process of refocusing it operation in mineral exploration and development.
ON BEHALF OF THE BOARD OF
DYNASTY GOLD CORP.
"Tookie Angus"
Tookie Angus, Chairman of the Board
For additional information please contact:
Vancouver Office:
Ivy Chong
Phone: 604.633.2100
Toll Free: 1.888.899.9669
Email:
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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