TORONTO, June 8, 2009 (GLOBE NEWSWIRE) -- Gold Coast Mining Corp. (Pink Sheets:GCMG) is pleased to announce the appointment of Gary Cripps and Mohamed Kortu as Directors of the company. Mr. Cripps has also been appointed President of Gold Coast and will replace Douglas Evans who has resigned from the company as both officer and director.
Mr. Cripps brings over 30 years' experience in the Financial Services Industry with expertise in trading, accounting, client services and corporate governance and compliance.
Mr. Kortu brings over 35 years of experience in West and South Africa in the Diamond Industry with expertise in mining exploration and development, trading and evaluation. He will act as an advisor to the company for African operations.
Gold Coast will focus on building a successful mineral exploration company through geological experience and efficient management while conducting extensive research and development of high quality mineral exploration products.
Gold Coast is presently focused on the exploration and future development of gold properties in West Africa. Currently West Africa is one of the fastest growing gold producing regions in the world. Its greenstone belts have a long history of gold mining and prospecting. These belts are known to contain large deposits of gold and have resulted in extensive exploration and mining activity.
Safe Harbor
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbour created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.