|January 24, 2012|
Encore Renaissance Welcomes Mr. Tyrone Docherty to its Advisory Board
|Vancouver, BC. January 24, 2012 -- Encore Renaissance Resources Corp. announced today that the company has appointed Mr. Tyrone Docherty to its Advisory Board. Mr. Docherty provides considerable company-building and finance experience in the resource sector.|
Mr. Docherty is the former President and CEO of Quinto Mining, where with limited resources in a difficult market he raised more than $30 million and advanced a Quebec iron ore property into a viable project. Quinto Mining was subsequently sold to Consolidated Thompson Iron Mines in June 2008 for a share value equal to $175M (starting from $4M). Consolidated Thompson was eventually sold to Cliffs Resources for $4.9B.
Mr. Docherty has been the Chief Executive Officer and President of Deer Horn Metals Inc. since 2008. He also serves on the Boards of several resource companies including JayHawk Energy Inc. as well as Quinto Mining Corp. in the past. He has been involved in the financial markets for over 20 years and attributes his success to relationship-building, trust and honesty.
"We're very pleased and fortunate to have Tyrone joining our Advisory Board," said Encore Renaissance CEO Matt Wayrynen. "His successful track record is a source of experience that will help us reinvigorate Encore Renaissance as we move ahead with our ambitious rebuilding in 2012."
Encore Renaissance Resources Corp. is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia. Bulk sampling at Bonaparte in 1994 produced 3,160 ounces of gold from 3,700 tonnes with a grade of 26.5 grams per tonne. A second shipment in 2009 of 364.61 tons was processed and yielded 161.95 ounces of gold.
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The TSX-V has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. This release may contain statements that are considered as forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.
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