LAS VEGAS, April 16, 2007 (PRIME NEWSWIRE) -- CanAm Uranium Corp. ("CanAm" or the "Company") (OTCBB:CAUI) is pleased to announce that Paul T. Sarjeant and Dr. Peter Born have accepted an appointment to the Board of Directors.
"CanAm is continually working to strengthen its technical and corporate team with highly qualified professionals to deliver superior shareholder value," said Dr. Michael Hitch, CanAm's Chief Geoscientist and Director. Both new Directors have been associated with Dr. Hitch corporately and operationally for many years.
Paul T. Sarjeant, B.Sc., P.Geo., has been involved in the mining industry for over twenty years, with extensive experience in project evaluation and management for junior and senior companies in Canada and around the world. A member of the Association of Professional Engineers and Geoscientists of British Columbia, he is currently the President and CEO of Grandview Gold Inc., a TSX listed company exploring for gold in Canada and the USA. He has worked previously as Senior Geologist for Echo Bay Mines and was responsible for project evaluation outside of North America. Mr. Sarjeant has also had experience operating a successful securities business focused on strategic planning and investment analysis, during which time he earned a Certified Financial Planner (CFP) designation.
Dr. Peter Born P.Geo, is a registered professional geologist with the Association of Professional Geoscientists of Ontario and is a Fellow of the Geological Association of Canada. At age 54, he brings over 30 years of exploration/mining experience to the company including project evaluation/feasibility studies for senior and junior companies in Canada. It also includes several years doing uranium exploration in the Athabasca Basin of Saskatchewan and the Thelon Uranium Basin of the Northwest Territories, Canada. He worked previously as Senior Geologist and then Resource Geologist with Western Mining (WMC) as well as being a consultant/senior geologist, modeling the Aquarius ore body with Echo Bay Mines. He is currently working with RPS Energy Canada on natural gas plays related to high temperature dolomites and sedimentary zinc deposits (MVT) within the Appalachian Basin (USA).
Dr. Born holds a Ph.D. in Earth Sciences with expertise in Precambrian Sedimentary Geology, Basin Analysis, Sedimentology, Stratigraphy and Sedimentary Ore deposits.
Forward-Looking Statements
Statements in this press release may be "forward-looking statements'" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the exploration for and development of mineralized material, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on CanAm's website does not constitute a part of this release.
About Us
CanAm Uranium Corp. is a Nevada incorporated junior resource company with a corporate objective focused on the strategic acquisition and development of exploration properties in well-known prolific mining areas, especially known for uranium, of Canada, southern Africa, Australia and the United States. CanAm Uranium Corp. has optioned over 136,000 acres of claims collectively within the Saskatchewan Athabasca Basin, Ontario and British Columbia, with significant interest in prolific uranium mining areas.