Tawsho Mining Inc. (TAW.V) has appointed Stephen Balch (P.Geo.)
as President and Chief Executive Officer of the Corporation. Balch
has 28 years of experience as an exploration geophysicist and has
been involved with public companies since 2004.
Joseph Feldman will resign as President and CEO but will remain
as a director of the corporation.
Tawsho also announced a non-brokered private placement offering
to arm's-length and non-arm's-length parties.
Tawsho intends to issue up to 1,600,000 flow-through units at
$0.125 per unit, to raise gross proceeds of up to $200,000 and
1,000,000 hard dollar units at $0.10 per unit, to raise gross
proceeds of $100,000 for total gross proceeds of up to
The proceeds of the offering will be used for the exploration
and development of Tawsho's graphite project in Newfoundland, the
Chevrier gold project in Quebec, and for general working
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