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Message: Moly Mines Appoints TCW Representative to the Board

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Moly Mines Appoints TCW Representative to the Board

posted on Apr 16, 09 07:42AM

April 16, 2009

Moly Mines Appoints TCW Representative to the Board

TORONTO, ONTARIO--(Marketwire - April 16, 2009) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Moly Mines Limited, (TSX:MOL)(ASX:MOL) is pleased to confirm the appointment of Mr Kurt Talbot to the Company's Board.

The Company has previously foreshadowed the appointment of Mr Talbot to the Board pursuant to nominee rights granted in the loan documentation with the Trust Company of the West ("TCW") for the US$150 million Interim Financing Facility completed late 2008.

Mr. Talbot is Managing Director and Chief Investment Officer for TCW's Energy & Infrastructure Group ("TCW EIG"). TCW EIG manages a series of investment funds focused on global energy and infrastructure on behalf of institutional clients. Mr. Talbot began his career with Trafalgar House Oil and Gas where he held positions of Senior Engineer and Commercial Analyst based in Houston and London, respectively. He spent two years employed by Goldman Sachs as Head of E&P Capital. Mr. Talbot holds a B.S. degree in Petroleum Engineering from Louisiana State University, and an MBA from Texas A&M University. Mr. Talbot is a registered professional engineer in the state of Texas.

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