July 12, 2011
The O.T. Mining Corporation Appoints Gary F. Brozowski as Chief Financial Officer
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: [email protected] or [email protected]
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