DuSolo Announces Board Appointments
(Thomson Reuters ONE) -
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 9, 2017) - DuSolo Fertilizers
Inc., (TSX VENTURE: DSF) ("DuSolo" or "the Company") is pleased to announce the
appointment of two new non-executive directors - Mr. David Cather and Dr. Scott
Morrison. In addition the Board would like to express its sincere thanks to Mr.
Mike Vint, who is stepping down.
Mr. Cather and Dr. Morrison are joining the Board effective today March
10, 2017. Between then they bring a wealth of experience in both mining and
business generally, as well increasing the Company's presence in London and
Switzerland.
Giles Baynham, CEO, noted "On behalf of the Board and the Company I'm extremely
please to welcome David and Scott, and look forward to working with them closely
as we continue to develop our Bonfim Project and add value for our shareholders.
I also want to thank Mike for his hard work and support, having joined the
Company in 2015 and been a key part in successfully steering it through the last
18 months, and wish him the very best for his future endeavours."
Mr. David Cather
David was appointed Chief Executive Officer of Avocet Mining Plc in July 2012,
after joining the Company as Chief Operating Officer in May 2012. David is an
experienced mining engineer and brings over 30 years of mining experience to
Avocet, most recently as Chief Operating Officer with European Goldfields.
David's career has included senior roles at Anglo American where he was
Technical Director for its Industrial Minerals Division. He spent five years
consulting to the industry on a variety of early stage projects principally for
gold and base metal projects in DRC, Sierra Leone, Nicaragua, Philippines and
Colombia. He is a graduate from the Royal School of Mines, Imperial College
London with a first class degree in mining engineering and has gained extensive
senior level project development experience and operations management in both
open pit and underground operations.
Dr. Scott Morrison
Scott has a BSc (Geology) and a PhD (Metallurgical Engineering) and over 35
years' experience in the mining, extractive metallurgy, and manufacturing
sectors. Much of his career has involved leadership positions with staff
complements of between 50 to 5,000 people Dr Morrison served as the CEO of
Metalor from 2004-2103, Chairman from 2013-2015, and a retained advisor till
2016. He is currently a board member of Asa Resources PLC and Zinc Oxide LLC. He
spent 20 years with SGS SA, the world leader in inspection testing and
verification, and has had country and mineral/metals sectoral leadership
assignments in the USA, Canada, Peru, Bolivia and Ghana. He has in-depth
experience in leading multi-cultural international organisations.
DuSolo also wishes to announce that it has granted a total of 1,000,000 stock
options to the incoming directors, exercisable at a price of $0.05 per share for
a period of five years from the date of grant. The options have been granted in
accordance with the Company's stock option plan.
On behalf of DuSolo Fertilizers Inc.
Giles Baynham, Chief Executive Officer
Forward-looking statements
Certain information contained in this press release constitutes "forward-looking
information", within the meaning of Canadian legislation. Generally, these
forward-looking statements can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words and phrases or
statements that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur", "be achieved" or "has the potential to".
Forward looking statements contained in this press release may include
statements regarding the future operating or financial performance of DuSolo
which involve known and unknown risks and uncertainties which may not prove to
be accurate. Actual results and outcomes may differ materially from what is
expressed or forecasted in these forward-looking statements. Such statements are
qualified in their entirety by the inherent risks and uncertainties surrounding
future expectations. Among those factors which could cause actual results to
differ materially are the following: market conditions and other risk factors
listed from time to time in our reports filed with Canadian securities
regulators on SEDAR at www.sedar.com. The forward-looking statements included in
this press release are made as of the date of this press release and DuSolo
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as expressly required by applicable securities legislation.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as
that term is defined in the policies of the TSX Venture Exchange Inc.) accepts
responsibility for the adequacy or accuracy of this press release.
Contacts:
DuSolo Fertilizers Inc.
(604) 331-9853
ir(at)dusolo.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DuSolo Fertilizers via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 09.03.2017 - 19:56 Uhr
Sprache: Deutsch
News-ID 529403
Anzahl Zeichen: 6096
contact information:
Town:
Vancouver, BC
Kategorie:
Business News
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