Friday, October 21, 2011

Capital Market Expert John Di Girolamo Joins Golden Phoenix (GPXM) Board of Directors

Golden Phoenix Minerals, Inc. was pleased to announce earlier today that on October 20th, 2011, its Board of Directors appointed Mr. John Di Girolamo to its Board, effective immediately.

“The appointment of John Di Girolamo to our Board of Directors provides the Company with significant capital market and senior exchange expertise,” commented Tom Klein, CEO of Golden Phoenix. “John’s 15 years of financial and mining experience can be utilized in assisting our Board as an Independent Director.”

Mr. Di Girolamo has accumulated more than a decade of professional experience. He has participated in capital raises in excess of $200 million and has financed junior mining and energy companies throughout North America. He has also chaired seminars in partnership with other organizations, including the TSX, to help others understand the process of taking companies from the mining sector public.

Mr. Di Girolamo’s background includes serving as President of Investment Banking for Euroglobal Capital Partners Inc. where he structured going-public transactions, financings, and helped consult with both private and public companies on various exchanges. He was an Investment Advisor for Pope & Company where he was directly responsible for the creation or sourcing of public listings, and the Reverse Take Over (RTO) of private companies with these entities. His experience also includes rehabilitating legacy assets, some of which have achieved production within six months of acquisition.

“I believe John’s unique skill set provides our Board with the right expertise at the right time as we prepare to advance Golden Phoenix to the next level of development,” Mr. Klein concluded.

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