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Message: Grenville Appoints Mr. Frank Ricciuti To The Board Of Directors

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Grenville Appoints Mr. Frank Ricciuti To The Board Of Directors

posted on Jan 14, 08 05:11PM
Grenville Gold Corp: Grenville Appoints Mr. Frank Ricciuti To The Board Of Directors

1/14/2008
 

TSX Venture, GVLGF, Jan 14, 2008 (M2 PRESSWIRE via COMTEX News Network) --

OTCBB_Pink_Sheets, F9I - FWB), ("Grenville" or "the Company"),is pleased to announce the appointment of Mr. Frank Ricciuti as an independent member of the Board of Directors of the Company.


Mr. Ricciuti is currently the President of Efjay Consulting Ltd., a private financial and corporate advisory management company. Mr. Ricciuti also serves on the Board of Directors of four public companies; DEQ Systems Corp., Novik Inc., Gotar Inc. and Augyva Mining, all TSX and TSX Venture listed companies. During his career Mr. Ricciuti served on the Board of numerous public and private companies including Glendale International Corp., dot com Entertainment, Cortec Inc., Roxy Resources, Petrolympia and Hope Brook Gold. He also served as a Director of Enerplus, a TSE-listed Oil Royalty Income Trust and Investment Banking firms Research Capital, Merril Lynch Canada and Scotia Capital [formerly McLeod Young Weir]. Mr. Ricciuti was also a Senior Executive with BP Canada Inc., Canterra Energy, Merrill Lynch, Research Capital and Scotia McLeod during his career. More recently he served as the chairman of a Roxy Resources, a junior mining exploration company. Mr. Ricciuti earned a diploma in Engineering Technology from Ryerson University, a Bachelor of Science degree in Mechanical Engineering from Michigan Technology University and an MBA from York University.


A. Paul Gill, President and CEO of Grenville states: "It is a privilege for us to welcome Frank Ricciuti to our team. His 30 years of experience as a director and manager in the mining and corporate finance industry will be of great benefit to Grenville as it continues developing shareholder value".


In addition, Grenville announces that it has granted 1,500,000 stock options to directors, advisors, consultants and employees of the Company, exercisable at a price of $0.30 for up to five years from the date of grant. These options are subject to a four-month hold period to commence on the date of grant.


About Grenville Gold Corporation


Grenville Gold www.grenvillegoldcorp.com is a junior resource company seeking prospective properties in Peru. The Company has two operating subsidiaries: a 90%-owned Peruvian subsidiary which owns the Silveria, Espanola and the Chorobal Properties, and the 50% owned Parkman Diamond Corp. in Ontario, Canada which owns the Parkman Diamond Prospect. Grenville Gold plans to leverage the experience of its board and management in exploration and mining to develop its growth strategy in North and South America.


On behalf of the Board of Directors,


"A. Paul Gill" President & CEO Ph. 604-669-8842 info@grenvillegold.com


We Seek Safe Harbour


The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission, the Ontario Securities Commission, and the Alberta Securities Commission.


Source: Grenville Gold Corp. (TSX-V: GVG)


CONTACT: A. Paul Gill, President & CEO, Grenville Gold Corp Tel: +1 604 669 8842 e-mail: info@grenvillegold.com WWW: http://www.grenvillegold.com Filing Services Canada Inc Tel: +1 403 717 3898 Fax: +1 403 717 3896 WWW: http://www.usetdas.com


M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.


(C)1994-2008 M2 COMMUNICATIONS LTD

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