Phoenix, AZ--August 28, 2014
Tombstone Exploration Corporation (OTCQB: TMBXF) (Berlin Stock Exchange: UDNA) announced today that Mr. Barry N. Klein has been appointed to the TMBXF Board of Directors and will serve as General Counsel to the Company.
Mr. Klein, a senior executive officer and legal professional, has a comprehensive background in finance, management, operations and business development. He received his Bachelor of Arts from the University of Maryland and his Juris Doctor and LLB from the University of Maryland Law School. Mr. Klein is licensed to practice law in both Florida and Maryland, and is a member of the American Bar Association and the American Judicature Society. Over the past ten years, he has been consulting for a private investor relations firm. During his employment, he assisted in arranging financing for NASDAQ and AMEX listed companies, including debt and asset-based financing. He also acts as a legal advisor regarding operations, investment banking, Federal securities matters and transactional law. Mr. Klein’s experience spans various business sectors, including, oil & gas, high technology, real estate, heavy industry and homeland security.
Alan Brown, President of TMBXF, stated: "We are extremely pleased to announce the appointment of Mr. Barry Klein to TMBXF’s Board of Directors and as General Counsel. Mr. Klein will review the financing opportunities that have recently been presented to the Company. An announcement will be made when a financing arrangement has been consummated. Mr. Klein’s knowledge and experience will be an asset to TMBXF and we look forward to working with him."
Tombstone Exploration Corporation is an exploration and development company located within the historic Tombstone Mining District, Cochise County, Arizona. Detailed geophysical studies of the Tombstone Mining District shows the presence of a wide assortment of minerals including gold, silver, copper, lead, zinc, manganese, tellurium, molybdenum and vanadium. The Company's immediate focus will be its Zebra prospect, a well-disseminated gold property located on TMBXF's Arizona state leases, 4,760 acres, approximately three miles southeast of the town of Tombstone. The Company believes Zebra lies within the metallogenic zonation halo that has been well-defined in the Tombstone Mining District. In accordance with zonational patterns, the assay data suggests the presence of a large disseminated bulk tonnage gold deposit. In addition, other geophysical studies indicate the presence of a well-defined copper-porphyry deposit at depth. TMBXF is in the process of preparing an exploration plan for Zebra. In addition, the company is planning to expand Zebra's gold resource which, so far, has been found on a small part of the property, leaving considerable acreage to be explored. Hence, an active drill program could easily expand known reserves to an exceptional gold, silver copper resource, easily accessible and mineable.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Tombstone Exploration Corporation, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are Tombstone Exploration Corporation’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Tombstone Exploration Corporation’s filings with the Securities and Exchange Commission.