September 16, 2011 - Transition Metals Corp. (XTM – TSX.V) - (Transition Metals or the “Company” TSX-V: XTM), a gold exploration company focused in Northern Ontario and British Columbia, announced today the appointment of Thomas Hart to its management team to serve as Vice President of Exploration. Mr. Hart will be responsible for overseeing the Company’s exploration activities and will also assist the management team in the evaluation of new business opportunities.
Scott Mclean, CEO of Transition Metals stated “Tom’s technical experience and ability further compliments the depth of our strong project generative team. Tom’s involvement will enable us to accelerate our ability to generate and advance new quality new gold projects as we continue to grow the Company”.
Mr. Hart is professional geologist (APGEO) with an M.Sc. in Geology from the University of Toronto and has been working as an exploration geologist on lode gold and base metal projects in Canada since 1984. Most recently, Mr. Hart worked as a mapping geologist for the Ontario Geological Survey and for Northern Superior Resources. While working for the Ontario Geological Survey on the Lake Nipigon Region Geoscience Initiative he a member of a team of geoscientists that received the “Discovery of the Year” award from the Northwestern Ontario Prospectors Association in 2005.
About Transition Metals Corp
Transition Metals is a public mining exploration Company listed on the Toronto Venture Exchange (TSX) under the trading symbol – XTM.V, focused on the identification, exploration and development of new gold opportunities in established and emerging gold districts in Canada. The Company currently owns or controls an interest in five early stage gold exploration properties in Ontario and British Columbia. The Company is committed to building shareholder value through the identification and development of new low cost, high quality exploration projects while minimizing shareholder dilution through funding partnerships and revenue generating opportunities.
Cautionary Note on Forward-Looking Information
Except for statements of historical fact contained herein, the information in this press release constitutes “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding estimated capital and operating costs, expected production timeline, benefits of updated development plans, foreign exchange assumptions and regulatory approvals. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended , or any state securities laws, and may not be offered or sold in the United States unless pursuant to an exemption there from. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Transition Metals in any jurisdiction.
Further information contact:
Scott McLean
President and CEO
Transition Metals Corp.
705-669-0590
info@transitionmetalscorp.com
The Equicom Group Inc.
Patrick Piette
Mining Group
(416) 815-0700 – extension 267
www.equicomgroup.com