Carlos Vilhena Joins TriStar Board Of Directors
July 6, 2011
Houston, Texas…TriStar Gold Inc. is pleased to announce that Carlos Vilhena has joined the Board of Directors of TriStar. Carlos Vilhena is a partner at the law firm of Pinheiro Neto Advogados, in Brasilia, Brazil, where he coordinates the firm's mining law and government relations practices.
In recent years he has given legal advice for a large number of clients, including major and junior mining companies, in all areas related to the mining sector, including policy, regulatory, M&A, land, community relations, infrastructure, indigenous populations, processing, sales, tax, environment, power, contracts, corporate, financing and litigation.
For many years he has been appointed as one of the top practitioners in Brazil for mining legal expertise by The International Who's Who of Mining Lawyers published by Who's Who Legal, as well as the leading mining law practitioner in Brazil by the Latin Lawyer. In 2011, Chambers Global recognized Mr. Vilhena as the one of the most reputed mining lawyers in Brazil.
Mr. Vilhena acts as the International Affairs Officer of the Brazilian Mining Association - Ibram. He also acts as Secretary of the Mining Committee of the Section on Energy, Environment, Natural Resources and Infrastructure Law of the International Bar Association.
Mr. Vilhena holds an LLM degree in Natural Resources Law from the Centre for Energy, Petroleum, and Mineral Law and Policy at the University of Dundee, Scotland and an LLB in Law from the University of Brasilia Law School.
Mark Jones, President and CEO of TriStar stated, ‘We are very pleased to welcome Mr. Vilhena to our board. His vast experience and well established reputation and relationships in Brazil will assist TriStar in advancing our Castelo de Sonhos gold project in Brazil.”
TriStar has granted options to purchase 300,000 shares of the company at the price of $0.69 per share to Mr. Vilhena. The options will expire July 6, 2016.
TriStar Gold is a well-financed gold exploration company focused on high-potential properties in Brazil. TriStar holds an option to acquire the Castelho de Sonhos Gold Exploration Project in Para State and exploration projects in the Tapajos district known as the Bom Jardim and the Andorinhas Property. The Company’s shares are listed on the TSX Venture Exchange under the symbol TSG-V. Further information is available at www.Tristarau.com
For further information, please contact:
TriStar Gold Inc.
Mark E. Jones III
Chairman and CEO
Neither 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 release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation which are not historical facts and are made pursuant to the "safe harbour" provisions under the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon the Company's reasonable expectations and business plan at the date hereof, which are subject to change depending on economic, political and competitive circumstances and contingencies. Readers are cautioned that such forwardlooking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause the Company's plans to change include changes in demand for and price of gold and other commodities (such as fuel and electricity) and currencies; changes or disruptions in the securities markets; legislative, political or economic developments in Brazil; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of the company’s projects; risks of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.