Damien Reynolds has left the building

Posted: 15 May 2009 05:50 AM PDT

Rules of capitalism:

1) buy high and sell low with your own money = become poor




2) buy high and sell low with other people's money = become unemployed


And so farewell Damien Reynolds, ex-everything at Longview Capital (LV.to). Moral of the story? Uranium in Paraguay ain't the way. Buffalo Gold? Ooops.


Vancouver, BC – Longview Capital Partners (TSX: LV) announced today that Damien Reynolds, Chairman, CEO and founder of the Company has resigned his official positions, to take effect May 31, 2009. Hein Poulus, Lead Director and the largest shareholder of the Company, has been appointed Chairman, and John Icke, currently President and COO, will become yada yada continues here

A GLOBAL RESOURCE GROUP

announced today that Damien Reynolds, Chairman, CEO

and founder of the Company has resigned his official positions, to take effect May 31, 2009. Hein Poulus, Lead

Director and the largest shareholder of the Company, has been appointed Chairman, and John Icke, currently President

and COO, will become Chief Executive Officer.

Mr. Reynolds founded Longview Capital Partners in March 2005, and the company went public in September 2005,

first on the TSX Venture Exchange as a Tier 2 listing. Longview Capital Partners was soon promoted to Tier 1, and

then graduated to the main TSX Exchange in September 2007.

Hein Poulus was a founding director of the Company and has served as Lead Director since inception. Mr. Poulus is a

partner at Stikeman Ellliot LLP law firm and has held senior management positions with various Kaiser Group

companies whose activities included coal production and trading, oil and gas, real estate, and professional football. He

then served as a senior officer of Southeastern Capital Corporation, a Denver-based leveraged buyout group with

interests in broadcasting, petroleum product distribution, and environmental laboratories. Mr. Poulus is currently a

director of Tournigan Gold Corporation, Finavera Renewables Inc and Oriental Minerals Inc. He holds undergraduate

and law degrees from the University of British Columbia and an LL.M. from the London School of Economics.

John Icke joined Longview Capital Partners in January 2008 as President and Chief Operating Officer, and has been

nominated to join the Company’s board of directors at this year’s Annual General Meeting. He is a senior executive

with more than 25 years global management experience, 14 in the role of President, General Manager or Chief

Executive Officer, in both the private and public sector. He was previously the president of Accenture Business

Services for Utilities, the largest business process outsourcing practice of its kind worldwide. Mr. Icke has significant

experience with private equity in addition to debt and public equity financings.

Hein Poulus notes “I have enjoyed working with Damien on various ventures since 2000 and wish to thank him for his

immeasurable contributions to the Company in its formative years. I look forward to continuing to work with him with

Oriental Minerals, and hope that we can work together on new ventures in the future.” John Icke added, “We continue

to discuss Damien’s transition, and opportunities to work together on a number of current and future Longview

investments. I am grateful for Damien’s excellent counsel since joining Longview and wish him the very best on his

future endeavours. I will be distributing a letter to shareholders and investors in the coming weeks to discuss

Longview’s plans to re-build shareholder value.”

About Longview Capital Partners

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