February 1st, 2010 Reno, NV - NuLegacy Gold Corporation announces that David Awram, currently Executive VP and Director of Sandstorm Resources Ltd., has joined the Board of Directors of NuLegacy Gold Corporation.
Previously Mr. Awram was the Director of Investor relations for Silver Wheaton, a Vancouver based mining company listed on the TSX and the NYSE. Prior to his role with Silver Wheaton he was manager, Investor Relations with Diamond Fields International Ltd. David is a graduate of the University of BC with a BSc in Geology. As both a geologist and a corporate financier he provides NuLegacy with direction in inventor relations, corporate governance and finance.
Sandstorm Resources Ltd. is a well financed public precious metals finance company with a market capitalization in excess of $150 million two years after inception. It finances resource companies through the acquisition of volumetric production payments (i.e. 'metal stream purchases') and royalties on their precious metals production.
NuLegacy Gold Corporation is a private Nevada focused gold exploration company financed and operated by a well-respected management and corporate governance team that has successfully identified, discovered and developed numerous gold resources. The company's objective is the discovery and sale of significant multimillion-ounce gold deposits utilizing highly focused exploration programs employing sophisticated techniques for targeting the follow-up drilling to previous exploration programs.
On Behalf Of The Board Of Directors Of NuLegacy Gold Corporation
Albert J. Matter, Chief Executive Officer
For further information please contact: Albert Matter at albert@nuggold.com or Roger Steininger at roger@nuggold.com
This letter contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Shareholders are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This letter does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
