April 5, 2011
Cap-Ex Ventures Ltd. (CEV: TSX-V) (“CAP-EX”) is pleased to announce that Troy Gill has joined the Board of Directors.
Troy Gill graduated with a Bachelor of Science degree in Geology (1993) from the University of Wollongong, NSW, Australia. Mr. Gill has 18 years of geological experience. He spent 15 years with Rio Tinto which provided him with exposure to a wide range of commodities. Most notably, while with Rio Tinto, he was team leader of Pilbara Iron Ore and oversaw the discovery of the high grade Wellthandelthaluna deposit and the 750Mt Caliwingina Channel Iron Deposit. Troy currently resides in Vancouver and is the VP of Exploration of Guerro Exploration Inc., and Exploration Manager of Sanatana Diamonds Inc.
Andrew Bowering, Chairman, comments “We are pleased to add the iron ore expertise and capabilities of Troy Gill to the Board of Directors.”
Company also reports the grant of 1,300,000 incentive stock options (the “Options”) to certain directors, officers, employees and consultants of the Company. The Options have a term of five (5) years and are exercisable at a price of $1.24 per common share. The Options are subject to their acceptance for filing with the TSX Venture Exchange.
CAP-EX VENTURES LTD.
President and CEO
“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”
“This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.”