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Reno-based Mustang Geothermal Corp. announces management changes

Reno-based Mustang Geothermal Corp. announces management changes Geothermal project site (source: Mustang Geothermal Corp.)
Alexander Richter 10 Apr 2011

Reno, Nevada based geothermal development company Mustang Geothermal Corp. announces changes in management, having appointed Kevin J. Pikero as CFO, Principal Accounting Officer and Director. The company holds geothermal exploration leases in five areas in Nevada, and four project applications in Peru.

In a release by the company, “Mustang Geothermal Corp. (OTCBB: URXE) “announces that Mr. Kevin J. Pikero has been appointed CFO, Principal Accounting Officer, and Director replacing Mr. Gerald Aberle who is resigning as Director to pursue other business opportunities.

Kevin J. Pikero is a practicing Certified Public Account (CPA) in Reno, Nevada with 33 years’ experience in the financial and accounting business. Mr. Pikero currently operates Kevin J. Pikero & Associates, Inc. Certified Publics Accountants in Reno, Nevada providing accounting, tax, and financial services for a select regional clientele of corporations, partnerships, sole proprietors and individuals. Mr. Pikero’s professional history includes employment with Haims & Company – CPA’s, E.F. Hutton Credit Corp., Barclays Business Credit Inc., Truckee River Bank, Bank of America Community Development Bank, and United American Funding Inc. Mr. Pikero is a graduate of Bentley University of Waltham, MA with a Bachelor of Science degree in Accounting and the University of Bridgeport, Bridgeport, CT with a Masters of Business Administration degree with focus on finance.

The Company would like to thank Mr. Aberle for the valuable insights and experience he made available to the Company during his tenure as a Board member and he will continue to consult to the Company in relation to drilling management and advanced development projects.

Mustang Geothermal owns a 100% interest in 6,620 hectares of Federal geothermal leases in five project areas in the state of Nevada and holds 3,600 hectares of geothermal applications in four project areas in Peru. Mustang also owns a 100% interest in the La Jara Mesa Extension uranium property consisting of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico.

Source: Company release via PR Newswire