LAKEWOOD, Colo., Nov. 26, 2012 (GLOBE NEWSWIRE) -- Pershing Gold Corporation (PGLC) announced today that it has appointed Alex Morrison to its board of directors.
Mr. Morrison is a mining executive, chartered accountant and certified public accountant with over 26 years of experience in the mining industry. He currently serves on the boards of Detour Gold Corporation and Taseko Mines Limited. Mr. Morrison has held senior executive positions at a number of senior producing mining companies, most recently serving as Vice President and Chief Financial Officer of Franco-Nevada Corporation from 2007 to 2010.
In addition, further to Pershing's decision to bring its finance and accounting function inside the company, it designated Eric Alexander, Pershing's Vice President of Finance and Controller, principal financial officer and principal accounting officer. Mr. Alexander joined Pershing in September 2012. Previously, Mr. Alexander served as Controller at Sunshine Silver Mines Corporation and Golden Minerals Company. He is a certified public accountant with over 20 years of professional finance and accounting experience.
The board of directors accepted the resignations of Adam Wasserman as Chief Financial Officer and David Rector as Treasurer, Vice President of Administration and Finance and member of the board of directors. Mr. Rector will remain as an employee of the Company to assist with transition matters and other projects until the end of the year.
"Pershing is grateful to both David Rector and Adam Wasserman for helping to build the company," said Stephen Alfers, CEO of Pershing, "We thank them for their service to Pershing and are pleased that they will continue to work with us on a consulting basis. Our decision to bring our finance and accounting functions in house, represented by the addition of Alex Morrison to the Board and of Eric Alexander as our principal financial and accounting officer, reflect the significant growth and advancement of Pershing's projects this year, and will help us to continue to advance the Relief Canyon mine towards production and our exploration projects."
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