HOUSTON--(BUSINESS WIRE)--March 14, 2011--Headline of release should read: Diane Garrett Joins TriStar Board of Directors (sted Diane Garret).
The corrected release reads:
DIANE GARRETT JOINS TRISTAR BOARD OF DIRECTORS
TriStar Gold Inc. is pleased to announce that Diane Garrett has joined the Board of Directors of TriStar. Ms. Garrett is President and CEO of RomarcoMinerals Inc. Ms. Garrett holds a Masters Degree in Mineral Economics and a Ph.D. in Engineering. Ms. Garrett has more than 18 years of seniormanagement experience and financial expertise in the field of natural resources. Ms. Garrett previously held the positions of Vice President CorporateDevelopment with Dayton Mining Corporation and Beartooth Platinum Corporation. Prior thereto, Ms. Garrett held the position of Senior Mining Analyst andPortfolio Manager with U.S. Global Investors.
Mark Jones, President and CEO of TriStar stated, "We are very excited to welcome Ms. Garrett to our board. Her vast experience and excellent qualificationswill be of great assistance to us as we commence our extensive exploration program at Castelo de Sonhos in Brazil.
"TriStar has granted options to purchase 2,325,000 of its shares at the price of $0.81 per share to employees, officers and directors, subject to the terms of itscurrent stock option plan. These options will expire March 15, 2016.
TriStar Gold is a well-financed gold exploration company focused on high-potential properties in Brazil. TriStar holds an option to acquire the Castelo deSonhos Gold Exploration Project in Para State and exploration projects in the Tapajos district known as the Bom Jardim and the Andorinhas Property. TheCompany’s shares are listed on the TSX Venture Exchange under the symbol TSG-V. Further information is available at www.Tristarau.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved ordisapproved the information contained herein.
Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation which are not historicalfacts and are made pursuant to the "safe harbour" provisions under the United States Private Securities Litigation Reform Act of 1995. Such forward-lookingstatements 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 forward-looking 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 thoseestimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and otherfactors 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 andcomply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations ormay not realize the perceived potential of the Company’s projects; risks of accidents, equipment breakdowns and labour disputes or other unanticipateddifficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties inconnection with exploration, mining or development activities; the speculative nature of gold exploration and development, including the risks of diminishingquantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business. The Company disclaims anyintention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
TriStar Gold Inc.
>Mark Jones III, 281-579-3400
Chairman and CEO