Business News

Dominion Minerals Appoints Ambassador Danny Ayalon to its Board of Directors and Chaim Lebovits as President

2008-07-30 08:00:00

Dominion Minerals Appoints Ambassador Danny Ayalon to its Board of Directors and Chaim Lebovits as President

    NEW YORK, July 30 /EMWNews/ -- Dominion Minerals Corp.

(OTC: DMNM) ("Dominion Minerals" or "the Company") is pleased to announce

the appointment of H.E. Ambassador Daniel "Danny" Ayalon to its Board of

Directors and the appointment of Mr. Chaim Lebovits of ACC Holdings

International as its new President and to its Board of Directors.



    Mr. Ayalon is the former Ambassador of the State of Israel to the

United States. He was appointed to the position in 2002 by former Prime

Minister Ariel Sharon. Before taking on this responsibility, Mr. Ayalon had

served as Chief Foreign Policy Advisor to Prime Minister Ariel Sharon and

as Deputy Foreign Policy Adviser to two previous Prime Ministers. He served

in New York from 1993-1997 as the Director of the Bureau of Israel's

Ambassador to the UN and as Deputy Chief of Mission in Panama from

1991-1992. Before his entrance into Israel's Foreign Service, Mr. Ayalon

was a senior finance executive in Israel's leading international trading

company.



    While in Panama, Mr. Ayalon was responsible for political, economic,

media and cultural ties between Panama and Israel.



    Mr. Ayalon is presently the President of Hod Ayalon Ltd, Senior

International Consultant at Gravitas International Consultants, Vice

Chairman of Israel-America Chamber of Commerce, a Board member of

America-Israel Friendship League and Co-Chairman of Nefesh B'nefesh.



    The Company is also pleased to welcome Mr. Chaim Lebovits of ACC

Holdings International as its new President and to its Board of Directors.

Mr. Lebovits has been at the forefront of investments into mining and

natural resources in emerging markets, especially the African region, for a

number of years. During this time, Mr. Lebovits led and negotiated many

successful transactions with and on behalf of various African governments

and international mining businesses.



    Pini Althaus, the Company's Chairman and CEO, stated: "Following the

recently concluded $10 million capital raise, we are delighted and honored

to welcome H.E. Ambassador Ayalon to the Dominion Minerals Board. Aside

from the political standing that Mr. Ayalon enjoys in the United States,

Israel and abroad, I believe that Mr. Ayalon's financial acumen as well as

his in-country experience in Panama will be of immediate relevance and

strategic value to us."



    "We are also pleased to welcome Mr. Lebovits to the Company as its new

President. Mr. Lebovits' experience within the resource sector will be of

great importance to us in developing and growing the Cerro Chorcha

opportunity and maximizing long-term value creation for all Dominion

shareholders."



    Ambassador Danny Ayalon stated: "I am delighted to join the Board of

Dominion Minerals. Pini Althaus and his team have done a tremendous job at

delivering this company towards its current level of performance, with

regards to the prospective Cerro Chorcha project and in establishing itself

in Panama. I look forward to assisting the Company and lending my expertise

where required in achieving Dominion's goals in Panama and elsewhere".



    About Dominion Minerals Corp.



    Dominion Minerals Corp. is a US-based copper and gold exploration and

development company focused primarily on its Cerro Chorcha Porphyry Copper

Project in Panama.



    For more information please visit http://www.dominionminerals.com



    Forward-Looking Statement Disclaimer



    This press release includes certain statements that may be deemed

"forward-looking statements". All statements in this release, other than

statements of historical facts are forward-looking statements. Factors that

could cause actual results to differ materially from those in

forward-looking statements include, but are not limited to, the market

price of gold, general economic conditions, market and business conditions,

statements or information with respect to known or unknown risks,

uncertainties and other factors which may cause the actual results,

performance or achievements of the Company, or industry results, to be

materially different from any future results, performance or achievements

expressed or implied by such forward-looking statements or information.

Forward-looking statements or information are subject to a variety of risks

and uncertainties which could cause actual events or results to differ from

those reflected in the forward-looking statements or information,

including, without limitation, risks and uncertainties relating to the

Company's plans at its mineral properties, the interpretation of drill

results and the estimation of mineral resources and reserves, the geology,

grade and continuity of mineral deposits, the possibility that future

exploration, development or mining results will not be consistent with the

Company's expectations, metal recoveries, accidents, equipment breakdowns,

title matters, labor disputes or other unanticipated difficulties with or

interruptions in production and operations, the potential for delays in

exploration or development activities or the completion of feasibility

studies, the inherent uncertainty of production and cost estimates and the

potential for unexpected costs and expenses, commodity price fluctuations,

currency fluctuations, failure to obtain adequate financing on a timely

basis, the effect of hedging activities, including margin limits and margin

calls, regulatory restrictions, including environmental regulatory

restrictions and liability, the speculative nature of mineral exploration,

dilution, competition, loss of key employees.



    Investors are cautioned that any such statements are not guarantees of

future performance and that actual results or developments may differ

materially from those projected in the forward-looking statements. In

addition, the Company's business and operations are subject to the risks

set forth in the Company's most recent Form 10-KSB, Form 10-QSB and other

SEC filings which are available through EDGAR at http://www.sec.gov. These are

among the primary risks we foresee at the present time. The Company assumes

no obligation to update the forward-looking statements.





Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Jerry Cruz

Tops SEO Expert, Social Media Influencer and Editor. Having published and edited more than 4700+ Articles in the last 6 years definately a PRO!

Related Articles

Back to top button