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| | June 25, 2009
Dynasty Gold Welcomes Bob Gallagher to the Board
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| | Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) ("Dynasty" or the "Company") is pleased to announce that Robert (Bob) Gallagher P. Eng., has joined its Board of Directors effective immediately.
"It is with great pleasure that I announce that Bob has become a part of our Board," stated Tookie Angus, Chairman of the Board. "Bob's background and experience in the industry will be invaluable to the Board and to our shareholders as we continue to evaluate potential projects."
Mr. Gallagher has worked in the mining industry for over 30 years, including 15 years with Placer Dome and seven years with Newmont Mining Corporation where he held the position of Vice President, Asia Pacific Operations. In February of 2008, Mr. Gallagher joined Peak Gold as the President and CEO where he was instrumental in completing the merger of four mining companies and in growing the operation from 200,000 oz a year gold production to 340,000 oz gold per year in less than 18 months. Mr. Gallagher is currently the President and CEO of the merged companies, New Gold Inc., based in Vancouver, BC.
"I have every confidence that we will be able to accelerate the process of securing new projects in the near future," stated Bob Gallagher. "I am looking forward to working with the management to seize and act on opportunities."
"We continue looking for quality projects specially targeting properties with near-term production potential as well as with significant exploration upside," stated Ivy Chong, President and CEO. "Bob brings with him a wealth of contacts in the mining industry that will assist the company in advancing its project search during these exciting times."
Additionally, the Company announces the granting of 500,000 stock options at $0.10 per share exercisable over a five-year period. The stock options granted are subject to the TSX approval and the Company's stock option plan.
Dynasty Gold Corp. is a Canadian gold exploration company currently seeking new ventures and opportunities. For more information on the Company and its projects, please refer to the website, www.dynastygoldcorp.com.
ON BEHALF OF THE BOARD OF
DYNASTY GOLD CORP.
"Ivy Chong"
Ivy Chong, President & CEO
For additional information please contact:
Vancouver Office:
Ivy Chong
Phone: 604.633.2100
Toll Free: 1.888.899.9669
Email: ichong@dynastygoldcorp.com
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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| | You can view the Previous News item: Wed Apr 8, 2009, Dynasty Gold Welcomes Theodore W. Muraro to the Board
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