Medaro Mining names new CEO

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Medaro Mining ( MEDAF ) appointed Mark Carruthers as president and chief executive officer, effective immediately. He replaced Mark Ireton, who has stepped down as CEO but will remain on the company's board. As president and CEO, Carruthers will oversee Medaro's strategic direction, corporate development, capital markets initiatives and execution of its business objectives. As part of the appointment, Medaro ( MEDAF ) granted Inside Capital Corp., a consulting company controlled by Carruthers, 300,000 stock options and 500,000 restricted share rights under the company's equity incentive plan. Financial information for Medaro Mining Corp.

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