NEW YORK, Feb. 17, 2006 (PRIMEZONE) -- Mayfair Mining & Minerals, Inc. (OTCBB:MFMM) (Frankfurt:M1M) is pleased to announce that Mr. Earl Young has consented to join the Advisory Board of the company.
With a career background in the Investment Industry, Mr. Young has served in the role of Consultant, Corporate Officer and Director to a number of companies in the United States, Australia and Africa. As the President and CEO of Madagascar World Voice, he is presently assisting World Christian Broadcasting with the formation and development of a shortwave radio station in Mahajunga, Madagascar.
Mr. Young serves as a Director of the Corporate Council on Africa, a Washington D.C. based organization with a membership that represents nearly 85% of all U.S. private sector investment in Africa. CCA is dedicated to enhancing trade and investment between the United States and the 54 nations of Africa. Additionally, he serves as a member of the CCA AIDS Task Force.
Mr. Young also serves as the President of the U.S. Madagascar Business Council; for further information see: http://www.c21etv.com/usmbc/howto.html
A world class athlete at the age of 19, Mr. Young was a member of the 1960 United States Olympic Track and Field Team winning a Gold Medal in the 1600 meter relay while setting a new World and Olympic record. Mr. Young represented the United States on the 1963 Pan American Team and numerous international teams establishing four World Records and four American Records. Mr. Young has served as President of the Southwest Chapter of Olympians and as a Board Member of the U.S. Olympic Alumni Association and is the founding Chairman of the Olympians for Olympians Relief Fund.
Mr. Young attended Abilene Christian University in Abilene, Texas. His undergraduate studies were in Business, History and Religion with graduate studies in Business Management. Designated as an Honorary Citizen of Texas by Governor Price Daniel, Mr. Young and his family are residents of Dallas, Texas.
Clive de Larrabeiti, President and CEO of Mayfair Mining stated that "We are extremely pleased to have someone with Mr. Young's experience, knowledge and international contacts join our Advisory Board. His involvement in both the Corporate Council on Africa and the U.S. Madagascar Business Council should be of immense assistance to the Company as we continue to build our profile within the U.S. and African business communities."
On behalf of the Board of Directors,
Clive de Larrabeiti President and CEO
SAFE HARBOR STATEMENT
This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various mining project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward looking statements contained herein. Forward-looking statements involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks described in this press release. Such risks include, but are not limited to terrorist activities that may affect our business or the economy in general; lack of success in mining activities; the prices of metals and gemstones; lack of funds to conduct mining activities; increase in costs of production, and similar risks. For further information about the Company, please refer to its materials filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.