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J-Pacific Gold Inc. 1440 - 1166 Alberni Street, Vancouver, BC V6E 3Z3 Tel: (604) 684-6677 Fax: (604) 684-6678 E-mail: ir@jpgold.com Web: http://www.jpgold.com
NEWS RELEASE No. 9, 2004 JUNE 14, 2004
FOR IMMEDIATE RELEASE TSX VENTURE SYMBOL: JPN OTC BB SYMBOL: JPNJF
J-PACIFIC ANNOUNCES NEW DIRECTOR
J-Pacific Gold Inc. (“J-Pacific”) is pleased to announce that Mr. Jean-Pierre Schumacher of Zurich, Switzerland was elected to the Board of Directors at J-Pacific’s Annual General Meeting held June 11, 2004 in Vancouver. Mr. Schumacher holds a degree of an “expert of business and company finance” (Betriebsoekkonom KSZ), from Zurich. Mr. Schumacher brings with him a wealth of experience in the capital markets and in corporate finance through employment with Marc Rich & Co. Holdings, CS First Boston Corporation, Credit Suisse and the Union Bank of Switzerland. Currently Mr. Schumacher is the Founding Member, a Managing Partner and the Chief Executive Officer of Lion Capital Group AG of Zurich.
J-Pacific has granted incentive options to Mr. Schumacher for the purchase of 150,000 common shares at a price of $0.40 per share and for the purchase of 100,000 common shares at a price of $1.00 per share for a period of five years. J-Pacific has also granted incentive options to Mr. Manabu Kameda, a Director of J-Pacific, for the purchase of 100,000 common shares at a price of $1.00 per share for a period of five years.
J-Pacific also expresses its appreciation to Mr. John Mesrobian for his service as a Director, and wishes him the best in his future endeavors.
On behalf of the Board of Directors,
“N. Ferris” President and CEO
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
For further information, please contact Investor Relations Telephone 1-888-236-5200.
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