Andre Falzon Joins Aurizon Board
Market Wire, May, 2008
Aurizon (TSX: ARZ)(AMEX: AZK) is pleased to report that Mr. Andre Falzon has joined the Company's Board of Directors, having been elected at the Company's Annual General Meeting held on May 14, 2008. Mr. Falzon has also been appointed as Chairman of the Company's Audit Committee.
Mr. Falzon, a Chartered Accountant, has held senior financial executive positions in the mining industry for over 20 years. For most of those years, he was Vice President and Controller of Barrick Gold Corporation, responsible for Barrick's financial reporting requirements. In that capacity, Mr. Falzon was involved in the financial aspects of Barrick's business acquisitions, financings and mine development activities. Most recently, Mr. Falzon served as Vice President, Planning and Compliance and was responsible for the establishment and management of Barrick's compliance and internal audit functions.
Related Results
Mr. Falzon joins the Company's other Board Members: Diane Francis and Ian S. Walton, both of whom were re-elected at the Annual General Meeting, and Sargent H. Berner, Louis Dionne, Richard Faucher, David P. Hall, and Brian S. Moorhouse, whose terms of office have not expired.
All of the resolutions that shareholders were asked to consider at the Annual General Meeting held in Vancouver, B.C. on May 14, 2008, were approved.
Pursuant to the Company's Incentive Stock Option Plan, incentive stock options have been granted to directors, officers, and employees for the purchase of up to 1,240,000 common shares at a price of $5.02 per share exercisable for a five year period, of which 610,000 share options vest immediately, with the balance vesting over three years from the date of grant.
Aurizon is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec, one of the world's most prolific gold and base metal regions, and by increasing its asset base through accretive transactions. Aurizon shares trade on the Toronto Stock Exchange under the symbol "ARZ" and on the American Stock Exchange under the symbol "AZK". Additional information on Aurizon and its properties is available on Aurizon's website at http://www.aurizon.com .
U.S. Registration: (File 001-31893)
Contacts: Aurizon Mines Ltd. David P. Hall President and C.E.O. (604) 687-6600 or Toll Free: 1-888-411-GOLD Aurizon Mines Ltd. Ian S. Walton Executive Vice President & C.F.O. (604) 687-6600 or Toll Free: 1-888-411-GOLD (604) 687-3932 (FAX) Email: info@aurizon.com Website: www.aurizon.com Renmark Financial Communications Inc. Barry Mire (514) 939-3989 Email: bmire@renmarkfinancial.com Renmark Financial Communications Inc. Jen Power (514) 939-3989 Email: jpower@renmarkfinancial.com Renmark Financial Communications Inc. Vanessa Napoli Media (514) 939-3989 (514) 939-3717 (FAX) Email: vnapoli@renmarkfinancial.com
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