MONTREAL and BASIN, Mont., July 12,
2011 /PRNewswire/ -- The O.T. Mining Corporation ("O.T.
Mining" or the "Company") (Pink Sheets: OTMN) is pleased to
announce the appointment of Gary F.
Brozowski as Chief Financial Officer and Executive Vice
President of Corporate Development. Mr. Brozowski has
also been elected as a member of the Board of Directors, replacing
the seat left vacant by one of the original founders of the
Company, the late James W. Hess.
"We are pleased to welcome Gary as the new CFO and EVP of
Corporate Development for O.T. Mining," comments Rosemary Christensen, President and the
surviving co-founder of the Company. "The Company will
benefit from his vast experience in finance and corporate
development. The Directors and I feel that he will provide
the Company with new ideas for our overall corporate vision and
strategic guidance to put these plans into action."
Mr. Brozowski has over 20 years of experience in finance,
business development and management. Prior to joining O.T.
Mining, Mr. Brozowski was a Managing Director at Bank of New York
Mellon where he managed a $650
million portfolio of alternative investments. He
previously served as the Executive Managing Director of Whiteweld,
Barrister & Brown, in which he directed the firm's investment
activities and was responsible for the creation and management of
several divisions and wholly-owned subsidiaries within the Company,
including real estate finance, NYSE and NASDAQ broker/dealer
operations and a long/short equity hedge fund having both domestic
and offshore operations. Mr. Brozowski is currently
serving as a Director for Gulf South Holding, Inc., an oil and gas
exploration, acquisition and production company.
After completing a thorough inspection of the Ruby Property in
June, Mr. Brozowski said, "I am awed by the size, scope and
diversity of O.T. Mining's Property. Not only has it the
potential to host an enormous copper porphyry system that could
rival the producing mines of the neighboring Butte Mining District,
but it also contains a past producing high-grade gold and silver
mine and several additional epithermal vein systems yet to be fully
explored."
O.T. Mining is a U.S. junior exploration company whose assets
consist of 100% ownership (less a 3% net smelter royalty) of the
21.3 square mile Ruby Property located in Jefferson County, Montana. The Property
covers 21.3 contiguous square miles and is host to precious gold
and silver and multiple base metals – copper, lead, zinc, cobalt
and molybdenum.
For further information contact:
Rosemary L. Christensen,
President
310 Victoria Avenue, Suite 103
Montreal, Quebec, H3Z 2M9
Canada
Tel: (514) 935-2445 Fax: (514) 935-8161
E-mail: rchristensen@otmining.com or info@otmining.com
Web site: www.otmining.com
Disclaimer: This news release contains certain
"Forward-Looking Statements." All statements, other than
statements of historical fact, included herein are forward-looking
statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to
be accurate and actual results and future events could differ
materially from those anticipated in such statements.
SOURCE O.T. Mining Corporation
