New York, USA - September 5, 2009, New York, USA - Capital Gold Corporation announced that John W. Cutler and Leonard J. Sojka has been named directors of the Company.
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Mr. Cutler was appointed chairman of the Compensation Committee, and Mr. Sojka was appointed chairman of the Audit Committee. The Board of Directors also determined that Mr. Sojka qualifies to serve as an audit committee financial expert within the meaning of the regulations of the Securities and Exchange Commission.
Mr. Cutler has more than 35 years of experience in the investment management and securities industries. He is currently serving as the President, Chief Executive Officer and a director of Palladon Ventures, Ltd. Mr. Cutler is also currently serving as the Managing General Partner of Par Associates, an investment partnership which he organized in 1988. Previously, from 2005 to 2009, Mr. Cutler served as a strategist at Swank Capital, LLC, a multi-fund manager specializing in energy and natural resource investments. Mr. Cutler also previously held positions with John S. Herold, Inc., SmithBarney, Inc., and First Boston Corporation.
Mr. Sojka has applied fundamental, technical and arbitrage investment analysis experience in a wide variety of companies and industries. He has served in his current position as an analyst and portfolio manager at SVR Capital, LLC, an advisor to institutional investors, since September 2002. In this position, he has primarily focused on investments in the metals and mining sector. Since September 2008, Mr. Sojka has also served as a director and the corporate secretary for Palladon Ventures, Ltd., a mining exploration and development company. Previously, he occupied positions as an analyst and portfolio manager at Whitebox Long Short Fund, Bighorn Capital LLC, and Deephaven Capital LLC. ■
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