2013-08-19 14:38:58 -
Vancouver, British Columbia CANADA, August 19, 2013 /FSC/ - United Silver Corp.("United Silver Corp.", the "Company", or "USC": TSX; USC: OTC; USCZF: Frankfurt: UM8)is pleased to announce that, effective August 16th, 2013, Herrick Lau and Ringo Hui have been appointed to the Board of Directors.
Mr. Herrick Lau is currently the Managing Director of Baron Group Canada. Mr. Lau is an experienced investment banking professional who has conducted transactions in initial public offerings, reverse takeovers, mergers & acquisitions, divestitures, and various advisory services. Through his over 17 years of experience in investment research and corporate finance, Mr. Lau is knowledgeable in performing due diligence, valuation, financing structuring, fairness opinion and research. Aside from his practice in corporate finance, Mr. Lau
also has experience as a finance executive in publicly traded and private companies. His industry practice involves developing financing strategy, liaising with external parties, devising business development plans and maintaining compliance with corporate governance. Mr. Lau is also a Chartered Financial Analyst (CFA) charter holder and has a Master degree in Finance and a Bachelor degree in Business Administration at Simon Fraser University. He has extensive experience in advising financial and corporate matters to listed companies in Canada and is currently acting as Chief Financial Officer and director for several listed companies in Canada.
Mr. Ringo Hui joined Baron Group in 2007 and is currently holding a director role, where he is responsible for Baron's International business with a special focus in the national resources area. He began his career with Bates Hong Kong, a 4A's advertising agency account service team. He then moved to a private equity firm based in Hong Kong and helped the listing of a number of public companies including Neo Alliance Minerals Inc. He has been an independent director of Jayden Resources Inc., a TSX listed company, since May 28, 2009. Mr. Hui graduated from the London School of Economics with a Master degree and a Bachelor degree in Management.
The Company also announces that Greg Stewart has been appointed as Interim Chief Executive Officer of the Company in place of Graham Clark. Mr. Clark has resigned as a member of the Board of Directors.
ABOUT UNITED SILVER CORP.
USC is a vertically integrated Canadian mining company with operations in Idaho, USA. It has an 80% interest in the Crescent Silver Mine project in the Silver Valley's prolific Silver Belt - directly between two of the district's historically largest silver producing properties, the Sunshine and Bunker Hill mines. USC also offers a full suite of mining services including contract mining and providing a complete fabrication shop and service for building and repairing mining equipment to silver miners in the district. USC's common shares trade on the Toronto Stock Exchange under the symbol "USC". For more information about USC, please visit: www.unitedsilvercorp.com.
ON BEHALF OF UNITED SILVER CORP.
Tel. (208) 783-0200
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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Source: United Silver Corp. (TSX: USC) (OTC Pink: USCZF) www.www.unitedsilvercorp.com
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