The Board of Directors of Premium Exploration Inc. announced the appointment of Mr. John Ryan as the new President & CEO of Premium. As part of a broader reorganization plan, Mr. Del Steiner remains as Chairman of the Board, and will assist the company through this transition period. Mr. Ryan has over 20 years of extensive international mining and business experience.

Mr. Ryan is currently a consultant for the Electrum Group out of Denver and is responsible for reviewing and recommending new acquisitions.