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Copyright ©2003
 Crew Gold
Corp.


 

NEWS RELEASE

May 10 , 2002

TRADING SYMBOLS:
TORONTO STOCK EXCHANGE.: CRU

OSLO: CRU

FRANKFURT STOCK EXCHANGE: KNC
OTC: CRWVF
   

MR NORMAN HARDIE APPOINTED TO BOARD OF DIRECTORS

Crew Development Corporation (Crew) is pleased to announce that Norman Hardie has been appointed to the Board of Directors. Crew believes that Mr. Hardie's broad and extensive background from the mining industry will provide additional valuable experience and knowledge to the board.

Norman Hardie is a business consultant, with more than 30 years experience as a mining company manager and executive. Since May 1996, Mr. Hardie has served on several boards including Pangea Goldfields, Meota Resources, Moydow Mines International Inc., Tan Range Exploration Corporation and Canada Dominion Resources. From May 1990 until December 1997, Mr. Hardie served as the Group General Manager responsible for North America of Normandy Mining Limited. Between 1987 and 1996, Mr. Hardie was a Vice President of Inmet Mining Corporation, in which capacity he coordinated marketing and operations of several mining projects. Previous to this, Mr. Hardie served as an executive and manager at both Phillipp Brothers, Inc., a subsidiary of Salomon Inc., and at subsidiaries of the Anglo American Corporation. Mr. Hardie has a Bachelor of Science degree in mining engineering from the University of Witwatersrand in South Africa and a Masters degree in economics from Cambridge University.

Crew intends to further strengthen both the board and management team within the upcoming months. As previously stated, Crew's new management and board are focusing on existing and future projects that can generate positive cash flow within the next 24 months. Mr. Hardie is expected to contribute in this process.

Corporate Overview

Crew is a mid-tier diversified international mining company with operations in Africa, Canada, Greenland, Norway and the Philippines. Crew has a variety of projects that are at various stages of development and discovered by Crew. Crew's strength stems from this diversified, solid, broad base of projects. The company is well positioned to focus on specific projects, and to respond to changing market forces. Crew shares are listed as CRU on the TSE (Canada) and OSE (Norway), as KNC on the Frankfurt Exchange (Germany), and as CRWVF on the OTC-BB-other(USA).

"Jan A. Vestrum"
President and C.E.O.

This News Release was prepared by the Board of Directors on behalf of Crew Development Corp. which is solely responsible for its contents

         

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      HEAD OFFICE, UK:

     
CREW DEVELOPMENT LTD.
      ABBEY HOUSE
      WELLINGTON WAY
      WEYBRIDGE
      SURREY KT13 0TT 
      GREAT BRITAIN

      TEL: +44 193-226-8755
      FAX: +44 193-226-8756

      OSLO, NORWAY:

 
     CREW NORWAY AS
      DRONNINGEN 1
      P.O. BOX A BYGDØY
      N-0211 OSLO
      NORWAY
      TEL: +47 2212-1650
      FAX: +47 2212-1651

      VANCOUVER, CANADA:

      CREW GOLD CORP.
      SUITE 411
      837 W.HASTINGS ST
      VANCOUVER, B.C.
      V6C 3N6 CANADA
      TEL:  +1 604-683-7585
      FAX:  +1 604-682-0566

     

     

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