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X-Terra Resources has appointed Michael Ferreira as the new President and Chief Executive Officer of X-Terra.
Ferreira replaces Martin Dallaire who has resigned as President and Chief Executive Officer of X-Terra to allow him to focus and concentrate his time and efforts on two other companies in which he is involved, Fieldex Exploration Inc. and Visible Gold Mines Inc. Mr. Dallaire will continue to serve as Chairman of the Board of Directors and as a Director of X-Terra.
Mr. Ferreira has been working with public and private companies as an independent advisor for more than five years, primarily in the junior mining sector and most recently, Mr. Ferreira was the Vice President Operations of X-Terra. Mr. Ferreira's strength and focus has been in company corporate development, capital markets, administration, and market awareness.
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