TORONTO,
April 16, 2012 /PRNewswire/ -
Strata Minerals Inc. (TSX-V: SMP) ("Strata" or the
"Company") is pleased to announce that Peter Kozicz has been appointed President and
CEO of the Company and Hugh Agro has
been appointed Chairman of the board of directors of the Company
.
Mr. Kozicz is a director of the Company and has
moved from being CFO, Executive Vice President and Secretary of the
Company to President and CEO. Mr. Kozicz co-founded
Associated Proteins LP in 2004, a company involved in the
procurement and merchandising of canola seed and related products,
which was sold to Viterra Inc. in June of 2009. After the
sale, Mr. Kozicz was retained by Viterra as a Senior Advisor until
December 2010. From April 1997 to May
2001, he was the President, CEO and a director of Mad Catz
Interactive Inc. Mr. Kozicz holds a B.Sc. Engineering and an MBA
(Queen's University, Canada).
Mr. Agro, a director of the Company since
April 2011, is the principal of
Kelvin Holdings Inc. Mr. Agro retired from the role of Executive
Vice President, Strategic Development at Kinross Gold Corporation
in September 2009. He previously held
senior executive positions with Placer Dome Canada, Senator Capital
Partners and in investment banking with Deutsche Bank's Global
Metals and Mining Group. Mr. Agro is a director of Victoria Gold
Corp., RX Gold and Silver Inc. and Chantrell Ventures Corp.
Mr. Agro also serves on the board of directors of Fort Berens
Estate Winery Ltd. Mr. Agro holds a B.Sc. in Mining Engineering
(Queen's University, Canada) and
an MBA in Finance (University of British
Columbia, Canada and London Business
School, England).
In connection with these management changes,
Nigel Gellard, has relinquished his
role as President and CEO of the Company. Mr. Gellard will
now concentrate his efforts on his continuing role as Managing
Director of Strata Minerals Limited, the Company's wholly-owned
Australian subsidiary which is currently advancing the Cardabia
project in Western
Australia. Mr. Gellard also remains a director of the
Company.
Peter Kozicz,
Strata's President and CEO commented, "This reorganization is a
progression in the Company's development. It provides current
management the ability to focus their roles geographically.
This will enable us to advance the Cardabia project and, at the
same time, increase our investor marketing efforts."
The Company also announces that Brent Lokash has been appointed to replace Mr.
Kozicz in the roles of CFO, Executive Vice President and Secretary
of the Company. The Company's board of directors remains
unchanged. However, Peter
Ellery has resigned as Chairman of the board of directors
and the Company's audit and corporate governance committees now
consists of Peter Ellery (Chairman),
Brent Lokash and Steve Swatton.
"Peter Kozicz"
President, CEO
About Strata Minerals Inc.
Strata Minerals Inc. is an emerging, Australasia focused,
agricultural nutrient company exploring for commercial scale
phosphate rock mineralization deposits. Armed with the
objectives of becoming a supplier to the global fertilizer industry
and generating wealth for its shareholders, Strata is currently
advancing its phosphate exploration projects in Western Australia and Queensland and intends to broaden its focus to
other agricultural nutrients including potash and lime. For further
information, please refer to the Company's website at
www.strataminerals.com.
Special Note Regarding Forward-Looking
Statements
Certain statements included herein constitute
forward-looking statements. The words "expect", "intend",
"anticipate", "propose" and "may" and similar expressions identify
forward-looking statements. Forward-looking statements include,
among other things, statements regarding the Transaction, the
operation and development of Strata's mineral properties.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions. While such estimates and assumptions are
considered reasonable by the management teams of Strata, they are
inherently subject to significant business, economic, competitive
and regulatory uncertainties and risks and accordingly may not
occur as described herein or at all. Investors are cautioned that
forward-looking statements are not guarantees of future performance
or events and, accordingly are cautioned not to put undue reliance
on forward-looking statements due to the inherent uncertainty of
such statements.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release.
SOURCE Strata Minerals Inc.
