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Metallum Resources Inc. Appoints Carl B. Hansen As New Director TORONTO, ONTARIO--(MARKET WIRE)--Nov 7, 2008 -- Metallum Resources Inc. (CDNX:MRV.V - News) ("the Company") is
pleased to announce the appointment of Carl B. Hansen as
a Director of the Company, effective immediately. Mr. Hansen is currently President and Chief Executive Officer of Andina Minerals Inc., a publicly traded company listed on the TSX Venture Exchange, and has held this position since January, 2005. He is a geologist with nearly 20 years of international experience in the exploration and mining industry where he has held various exploration, operational, and head office positions with both junior exploration and senior mining companies including INCO, TVX Gold, and Kinross. Metallum Resources Inc. welcomes Mr. Hansen and looks forward to the contributions he will make to the Company based on his broad range of experience both from his technical as well as his executive background. Upon his appointment as Director, Mr. Hansen will receive a grant of 150,000 options, subject to regulatory approval, under the Corporation's Stock Option Plan, issued at a price of $0.10 and valid until November 07, 2013. The Board of Directors of Metallum Resources Inc. also announces that Mr. Rodney Thomas, who recently joined a private mining firm which requires that he no longer be able to serve as a board member, has submitted his resignation effective today. The Company wishes to express its sincere gratitude to Rodney for his dedication to moving the company forward during his tenure as a director. His geological and business experience has provided Metallum Resources Inc. with invaluable guidance and insightfulness. The Board will miss Rod and we wish him every success with his future endeavors. Metallum Resources Inc. is a precious metals exploration company which holds a group of 11 patented and 18 unpatented claims within Chester Township located west of Highway 144 midway between Sudbury and Timmins, Ontario. It also has an option to earn a 70% interest in the M-18 gold property in Argentina. The Company has 53,803,828 common shares outstanding and is listed on the TSX Venture Exchange under the symbol MRV. Further details may be obtained from our website: www.metallumresourcesinc.com This press release contains certain forward-looking statements. While these forward-looking statements represent our best current judgment, they are subject to a variety of risks and uncertainties that are beyond the company's ability to control or predict and which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Contact: Contacts:
Metallum Resources Inc.
Greg Lipton
President
(416) 861-8351
(416) 867-2298 (FAX)
Email: greg.lipton@metallumresourcesinc.com
Website: http://www.metallumresourcesinc.com
Source: Metallum Resources Inc.
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