Karmin Exploration fka KAR

[MWM]

Karmin Exploration Appoints David Brace As CEO - Quick Facts

9/2/2011 4:49 PM ET

(RTTNews) - Karmin Exploration Inc.(KAR.V: News ) announced the appointment of David Brace as Chief Executive Officer of the company to replace William Fisher, who tendered his resignation as Chief Executive Officer and director of Karmin to pursue other opportunities.

Karmin also announced that the Board of Directors of Karmin has approved the appointment of four new directors to fill vacancies among the Board of Directors as well the addition of a new director to the Board of Directors. David Brace, Ed Guimaraes, Larry Ciccarelli , Richard Faucher and Terence Ortslan have all agreed to join the Board of Directors. The new directors will serve until the next annual meeting of shareholders of Karmin and will be nominated for appointment at the meeting.

Karmin also announced the resignations of Robert Ciccarelli, Douglas McCallum and Matthew Manson from the Board of Directors of Karmin.