Drake Gold Resources Inc. Appoints New CFO, Secretary and Director
CENTURY CITY, CA -- (MARKET WIRE) -- 05/30/06 -- Drake Gold Resources Inc. (PINKSHEETS: DKGR) is pleased to announce the appointment of Nia Stefany as the newest addition of the team. Ms. Stefany brings to Drake Gold Resources Inc. a distinguished career of over 12 years of accomplished experience in mergers and acquisitions, investment banking, finance, business management, and law. Her experience extends from startups to New York Stock Exchange-listed companies.
Ms. Stefany is the managing partner of a Century City investment banking firm, Xnergy, LLC. She focuses primarily on mergers and acquisitions, public offerings and finance transactions. She advises and assists clients in acquisitions and sales of businesses, in obtaining private equity and venture capital, and in corporate structuring, planning and transactions. She also provides financial consulting and business advisory services, including evaluating investment opportunities, developing business plans, and improving business operations.
Over the years Ms. Stefany has completed a wide variety of investment banking transactions for clients over a broad range of industries. She has managed or participated in over 50 acquisition, merger and disposition transactions valued at more than $200million.
Ms. Stefany has successfully formed, acquired, managed, developed and sold several companies in the consumer products, technology, and specialty services industries and a national franchise business. As an executive of these companies, she has been responsible for the management of all aspects of businesses, including strategic planning, structuring, finance, operations, product development, marketing, and sales.
Ms. Stefany has served as in-house counsel of a New York Stock Exchange-listed company and a mergers and acquisitions, securities, and corporate attorney with a Beverly Hills, California law firm. She has been responsible for negotiating, structuring, documenting, and closing mergers, acquisitions, restructurings, dispositions, public and private equity and debt financings, and franchising.
Ms. Stefany serves on the boards of directors of several private companies and a number of nonprofit organizations and professional and industry associations. She is an active member of the State Bar of California. Ms. Stefany is also an Angel investor and is a member of the Pasadena Angels, Keiretsu Forum and Maverick Angels.
Current and future shareholders are encouraged to sign up for email updates on our new website to stay up to the minute on new releases, reports, interviews, industry news and market related information. The sign up is located under the main menu at http://www.drakegold.com.
Shareholder inquires and suggestions are welcomed and should be directed to the Drake Gold Investor Relations Team at the toll free # 1-888-601-9983 or internationally at 1-503-618-0370 or via email at info*novakcapital.com.
About Drake Gold Resources Inc.
Drake Gold Resources Inc. is an early-stage mining and energy company that focuses on the exploration and production of precious metals, diamonds and energy, such as petroleum and coal. Several projects have been identified through Thunder Gulch Resources, Ltd. and its resources in North America. Announcement will be made as agreements are completed.
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
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