March 16, 2009, Vancouver, BC - ValGold Resources Ltd. (VAL - TSX Venture) (the "Company") is is pleased to provide the following shareholder update:.
Annual General Meeting - Election of Directors & Management Appointment
The Company held its Annual General Meeting on Thursday, February 19, 2009, at which Messrs. Stephen J. Wilkinson, Sargent H. Berner, Kenneth R. Yurichuk, Pedro (Peter) R. Tinoco and William J. Witte were re-elected to the Company's Board of Directors. Mr. Andrew F. B. Milligan, who had served as a Director of the Company since 2002, and as the Company's Chairman since 2004, retired and at his request was not nominated for re-election at the Company's Annual General Meeting. Mr. Wilkinson expressed thanks on behalf of Management and the Board of Directors, stating, "Andrew Milligan has been an important member of our Board, both as a regular director and as Chairman. Until recently, he has been in the office daily and made valuable contributions to the Company with his great advice based on his long career in the mining industry. He will be missed."
Following the Company's Annual General Meeting, Mr. Wilkinson was appointed the Company's new Chairman of the Board to replace Mr. Milligan. Additionally, Mr. Wilkinson was re-appointed as the Company's President and Chief Executive Officer. Ms. Shannon M. Ross was re-appointed as the Company's Chief Financial Officer and Mr. Rodrigo Romo was appointed as the Company's Corporate Secretary.
For further information on the Company and its portfolio of exploration projects and joint ventures, visit the Company's website at www.valgold.com.
Stephen J. Wilkinson
Chairman, President & Chief Executive Officer
Tel: (604) 687-4622 Fax: (604) 687-4212
Email:
This release was prepared by the Company's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defines in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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