Turnberry Resources Ltd.: VP Corporate Development Appointment
Turnberry Resources Ltd. (TSX VENTURE:TUR) announce the appointment of Christopher Buss as the Vice President, Corporate Development of the Company. Prior to his appointment, Mr. Buss was a member of the investment banking team with BMO Capital Markets specializing in the metals, mining and natural resource sectors. While at BMO, he assisted both public and private companies assess and execute on various strategic alternatives including mergers and acquisitions, joint venture agreements, strategic investments as well as other forms of equity and debt capital raising. Mr. Buss holds a Bachelor of Commerce (Honours) in Finance from the Sauder School of Business at the University of British Columbia.
As the Vice President, Corporate Development for Turnberry, Mr. Buss will lead the ongoing business development efforts of the Company with the goal of seeking attractive opportunities in growing the Company and enhancing shareholder value.
In addition, the Board of Directors has approved the issuance of options to purchase 355,000 common shares of the Company (the "Options"). The Options will have a five (5) year term and will be issued after market close on May 7, 2012, with an exercise price based on the Turnberry closing price on that day. The stock options are being granted pursuant to Turnberry's stock option plan and will be issued to officers, a director and employees of the Company.
Posted May 8, 2012