Trading Symbol
TSX - CRJ
OTCQB - CLGRF
SASKATOON,
Jan. 31, 2014 /PRNewswire/ -
Claude Resources Inc. ("Claude" and or the "Company") (TSX:
CRJ) (OTCQB: CLGRF) announces the retirement of the Company's
long-time President and Chief Executive Officer, Neil McMillan, effective March 31, 2014. Mr. McMillan's retirement will
bring to a close a remarkable 18-year career at Claude.
Ted Nieman, Chair of
the Board of Directors ("board") of Claude, stated, "On behalf of
Claude's employees, shareholders and board, I would like to thank
Neil for his tireless commitment, his steadfast loyalty and his
ability to lead the Company through difficult gold environments. We
wish him the very best in his retirement and we know that he will
greatly enjoy the opportunity ahead to pursue his wide variety of
interests."
During Mr. McMillan's tenure, Claude reached a
production milestone of one million ounces, expanded its asset
portfolio and built a strong management team capable of advancing
the Company through these challenging times in the gold sector.
Mr. McMillan will continue to serve as Cameco
Corporation's chair of its board of directors and as a member of
Shore Gold Inc.'s board of directors.
In keeping with the Company's succession plan, the
board has begun the search for a new president and chief executive
officer and looks forward to announcing the successful candidate in
due course.
Claude Resources Inc. is a publicly traded
gold exploration and mining company based in Saskatoon, Saskatchewan, whose shares trade on
the Toronto Stock Exchange (TSX: CRJ) and the OTCQB (OTCQB: CLGRF).
Its asset base is located entirely in Canada and since 1991, Claude has produced
over 1,000,000 ounces of gold from its Seabee Gold Operation in
northeastern Saskatchewan. The
Company also owns 100 percent of the Amisk Gold Project in
northeastern Saskatchewan.
For further information please
contact:
SOURCE Claude Resources Inc.