CHEYENNE, Wyo., March 18, 2010 (GLOBE NEWSWIRE) -- Strategic Mining Corporation (Pink Sheets:SMNG) announced today the appointment of Ian Lambert as a new director and officer of the company. Mr. Lambert has over thirty-nine years of experience in the management and financing of public companies and over nineteen years with a publicly traded Canadian mining company.
Mr. Lambert's broad exposure to a wide range of business activities includes experience in oil and gas development, marketing, manufacturing, and precious metals and mineral exploration and development. His strengths are in the areas of corporate restructuring and strategic planning, regulatory compliance with both the SEC and Canadian regulatory authorities, public financing arrangements and investor and institutional liaison activities.
President, Todd Sterck, commented: "We are honoured to have a businessman of Ian's calibre join our management team. He will add great value to our company's efforts to establish itself in the mining industry as a recognized gold exploration and development company."
On March 5, 2010 the company announced that it had retained Hot Wired Stocks to lead its shareholder value and public relations efforts. The retention was made by a third party investor, who has rescinded the agreement in its entirety. Therefore, Hot Wired Stocks will not be performing any public relations with regard to Strategic Mining.
Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
CONTACT: Strategic Mining Corporation
Jan Moir
705-361-3533
janm@investorvalue.com
www.strategicminingcorp.com
