VANCOUVER, British Columbia, June 13, 2012 /PRNewswire/ -- Lori McClenahan, President of St. Elias Mines Ltd. (SLI – TSX:V) ("St. Elias" or the "Company") announces today that Murry Braucht has been removed as Vice-President of the Company and terminated with cause effective immediately. For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact: U.S. Investor Relations ConsultantHerbert HaftThe Haft Group, Inc.Tel: (212) 759-8865Email: email@example.com@aol.comST. ELIAS MINES LTD.(signed " Lori McClenahan")Lori McClenahan, President Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement. SOURCE St. Elias Mines Ltd.
Shares of SL Industries (AMEX:SLI) have taken a tremendous swing upward. The stock is trading at $26.13 as of 9:30 a.m. ET, 21% above Friday's closing price of $21.60. Volume is at 10,200, 2.5 times the daily average of 4,000.