Sacre-Coeur Minerals Appoints Jennifer Todhunter as New CFO

Posted: August 13, 2012 at 11:17 pm


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VANCOUVER, British Columbia--(BUSINESS WIRE)--

SACRE-COEUR MINERALS, LTD. the Company) is pleased to announce that Ms. Jennifer Todhunter has been appointed to serve as the new Chief Financial Officer of the Company, replacing Mr. Mark Lotz. Mr. Lotz has resigned as CFO and as a Director in order to pursue other professional and personal interests, including the development of his own accounting practice.

Ms. Todhunter has recently served as the Companys VP Financial Administration and Corporate Secretary. Prior to that, she served as Finance Manager, from May 2005. Ms. Todhunter has extensive accounting and finance experience, dealing with the complexities of both private and public corporations. She has spent the last thirteen years working with public companies, predominantly those in the mining industry.

In connection with the appointment of Ms. Todhunter as CFO, the Company has granted her incentive stock options, subject to any necessary regulatory approvals, to purchase up to 75,000 shares of its Common Stock. The options are exercisable for a term of three years at a price of CAD $0.11 per share.

According to Mr. Gregory Sparks, CEO of the Company, We thank Mark for his valuable contributions to Sacre-Coeur Minerals over the past year and wish him well in his new endeavors. Over the past seven years with the Company, Jennifer has proven herself to be a highly capable senior financial administrator. She is thoroughly familiar with all financial and legal aspects of the Company, and is very well qualified to seamlessly take on her new role as CFO. We are delighted to welcome Jennifer into this important senior executive role.

About Sacre-Coeur

The Company is engaged in the acquisition, exploration, development, and production of properties for gold, metals and diamonds in South America, initially focussing on exploration and production of gold from its properties in Guyana. The Company presently holds 100% interest in approximately 850 sq. km of mineral properties in Guyana, including the Million Mountain Property which hosts an NI 43-101 compliant hard-rock resource of 12,119,285 tonnes grading 1.0 g/t Au Measured, and 2,175,278 tonnes grading 0.9 g/t Au Indicated for a total 451,000 tr oz Au combined. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at .

ON BEHALF OF THE BOARD OF DIRECTORS OF

SACRE-COEUR MINERALS, LTD.

Gregory B. Sparks

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Sacre-Coeur Minerals Appoints Jennifer Todhunter as New CFO

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August 13th, 2012 at 11:17 pm




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