Corporate Social Responsibility | Business Wire | PR NewsWire | Marketwire | Realwire | ACN/JCN newswire | 247pressrelease | PRWeb

Alto Group Holdings Inc. Appoints New President and C.E.O

Posted : Mon, 09 Nov 2009 14:27:18 GMT
Author : Alto Group Holdings, Inc.
Category : Press Release
News Alerts by Email ( click here )
News | Home
NEWPORT BEACH, Calif. - (Business Wire) Alto Group Holdings, Inc. (OTCBB: ALTO) (“Alto Group” or the “Company”), is pleased to announce that the Company has appointed Mr. Mark Daniel Klok as President and Chief Executive Officer.

Mr. Klok has over a decade of experience in a variety of mining exploration projects in both base metals and precious metals. He is versed in all aspects of exploration and mining having had a successful career in the exploration and development of gold and other minerals in Africa, Mexico, Columbia, Peru, and projects in North and South America. Mr. Klok has served in a consulting capacity and as an officer and director of numerous public and private companies. Mr. Klok will be actively involved in the development of the Company’s African mineral holdings and will be personally overseeing the upcoming Phase 1 evaluation program. Based in New York, Mr. Klok will be the liaison for the Company with Alto’s joint venture partners regarding ongoing corporate development of the Alto-Ashanti Gold Project.

As previously announced, the Company at its Alto-Ashanti Gold Project has begun to evaluate the “Golden Arrow Zone” which is rapidly becoming a priority target for immediate exploration, evaluating and diamond drilling. In related events, Mr. Lee Rice will remain on the Board as a Director.

Mr. Dale Paisley, Company Director, states: "The appointment of Mr. Klok as director and President of the Company is an important step in the early stage development of Alto and our African venture. To have an individual with Mr. Klok's knowledge and background of the Alto-Ashanti Project to head the Company's ongoing strategy in exploration and mining will be extremely beneficial. Mr. Klok is exceptionally well-qualified for this role and we will continue to build a strong management team to support him and Company."

Pertinent requisite details of these appointments will shortly be filed as part of the Company’s continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission’s (“SEC”) IDEA database (formerly EDGAR).

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Alto Group Holdings, Inc.
Dale Paisley, Director
949-644-1433


Copyright © 2008 Business Wire. All rights reserved.
Share/Save/Bookmark

Article : Alto Group Holdings Inc. Appoints New President and C.E.O
Print this article
Share this article

Stay Updated

News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Related News

TPRF: Food for People Wins $25,000 Award in America's Giving Challenge
30-day Online Contest Encouraged Participants to Leverage Social Networks to Raise Money for Nonprofit Causes LOS ANGELES, Nov. 24 /PRNewswire-USNewswire/ -- The Prem Rawat Foundation (TPRF) has received a $25,000 award for its outstanding performance in America's Givi...

Xerium Technologies Receives Continued Listing Standards Notice from the NYSE
RALEIGH, N.C. - Xerium Technologies, Inc. (NYSE: XRM), a leading global manufacturer of industrial textiles and rolls used primarily in the paper production process, today announced that on November 18, 2009, it received notification from the New York Stock Exchange (NYSE) that it was not in

Affymax Announces Close of Common Stock Offering and Exercise of Underwriters’ Overallotment Option
PALO ALTO, Calif. - Affymax, Inc. (Nasdaq:AFFY) today announced the closing of its underwritten public offering of 4,726,027 shares of its common stock, which includes the full exercise of the underwriter’s overallotment option of 616,438 shares. The net proceeds to the company after

2010 Economic Calendar of Release Dates The Conference Board Leading Economic Index(TM) for the U.S.
NEW YORK, Nov. 24 /PRNewswire/ -- Following are the 2010 release dates for The Conference Board Leading Economic Index(TM) for the U.S. All release times are 10:00 a.m. Eastern Time. All releases are available on PR Newswire and The Conference Boa...

OPEL International Files Third Quarter 2009 Financials
SHELTON, CONNECTICUT and TORONTO, ONTARIO -- 11/24/09 -- OPEL International Inc. (TSX VENTURE: OPL) ("OPEL" or "the Company"), a leading global developer and supplier of high concentration photovoltaic ("HCPV") and other solar products, including g..

Correction: Fitch Places Bank of America's Individual Rating on Rating Watch Positive
CHICAGO - (This is a correction of a release issued earlier today. It corrects the preferred stock rating given for BAC in the second paragraph to 'B+' from 'BB-'.) Fitch Ratings has placed its 'D' Individual ratings for Bank of America Corp. (BAC) and its operating su

Points International Ltd. to Present at 2nd Annual LD MICRO Conference
TORONTO, Nov. 24 - Points International Ltd. (TSX: PTS; OTCBB: PTSEF), the world's leading loyalty reward solutions provider and owner of the Points.com portal, today announced that CEO, Rob MacLean, will be presenting ...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark
 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.