Gulfside Minerals LTD. / Contract
14.03. Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement.
Mongolia Coal Acquisition
March 14, 2008 - Vancouver, B.C. - Robert L. Card, President of Gulfside Minerals Ltd. (the 'Company') is pleased to report that it has signed a definitive agreement on its Mongolian coal project. Completion of the acquisition is subject to the approval of the TSX Venture Exchange. Once approval has been received, the Company will be issuing a comprehensive news release outlining the details of the acquisition.
Norwest Corporation ('Norwest'), a world leader in coal consultancy based in Salt Lake City, Utah, will finalize the NI 43-101 technical report on the coal property. Title details will now be included to complete the NI 43-101 report and then filed with the appropriate regulatory authorities for approval.
The Company also reports the resignation of Jürgen Wolf as a director of the Company. Mr. Wolf is a director of several other companies and could not devote the time that is required. The Company and the board of directors thanks Mr. Wolf for his contribution to the Company over the years and wish him success in his other ventures..
Concurrent with Mr. Wolf's resignation, the Company is pleased to welcome Dr. Zigurts Strauts, Bsc MD to its Board of Directors. Dr. Strauts graduated from the University of Oregon with a Bsc in geology. He later went on to obtain his MD from the University of Calgary School of Medicine. Dr. Strauts has been active as a consultant, entrepreneur and developer of companies engaged in activities from software to mining.
On behalf of the board of directors, Gulfside Minerals Ltd 'Robert L. Card'
Robert L. Card President
ach tschulligung...das warn die vom letzten jahr...naja, is ja selbst dem kanzler schon passiert ;O) -----------
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