Jean-Sebastien David and Claude Dufresne are Joining the Board of Directors of MDN Inc.
June 12 2014 - 9:36AM
Marketwired
Jean-Sebastien David and Claude Dufresne are Joining the Board of
Directors of MDN Inc.
MONTREAL, QUEBEC--(Marketwired - Jun 12, 2014) - MDN inc.
("MDN") (TSX:MDN) is pleased to announce the appointment of Mr.
Jean-Sébastien David and Mr. Claude Dufresne as directors of the
company.
Born in the Saguenay-Lac-St-Jean region, Mr. David held the
position of Chief Operating Officer of Arianne Phosphate Inc., a
company working on the development of the mining project Lac au
Paul in the Saguenay region. Before joining Arianne Phosphate Inc.,
Mr. David was Vice President Sustainable Development of Osisko
Mining Corporation (2007-2012) where he was instrumental in
obtaining the authorizations for the construction and the
development of the Canadian Malartic Project. His experience with
Arianne Phosphate and Osisko includes project evaluation,
consultation and negotiation with regulatory agencies and
stakeholders, including First Nations groups as well as the
development and implementation of sustainable development policies.
He has held various positions in the mining, forestry and
environmental operations. He has also worked for Iamgold, Cambior
and Louisiana-Pacific. He began his career at Nutrinor in 1993. He
earned a BA in Geology and a Masters in Project Management from the
Université du Québec à Chicoutimi.
Mr. Dufresne is currently President and CEO of MDN Inc.
The company would also like to announce the resignation of Mr.
Marc Boisvert as Vice-President of Exploration and as Director of
MDN inc., and the resignation of Mr. Serge Bureau as Director of
MDN inc. Both Messrs. Boisvert and Bureau remain active with the
company, but as consultants.
Commenting on the addition of Mr. David as Director of MDN inc.
and the resignations of Messrs. Boisvert and Bureau, the Chairman,
Serge Savard, said: "Firstly, we would like to acknowledge the
contribution to the company of Messrs. Boisvert and Bureau,
especially in the difficult environment of the recent years. They
contributed to the development of MDN's exploration projects in
Tanzania, including the discovery of Nikonga and Ikungu projects,
and brought the development of the Crevier project past the
preliminary economic phase. We are also please to announce the
appointment of Mr. David to the board of MDN inc. His experience
and involvement with the Saguenay community will bring a
significant contribution to the development of the Crevier
project."
About MDN (TSX:MDN)
MDN Inc. is an exploration and mining development company with
properties in Quebec and Tanzania. In Quebec, MDN holds a 72.5%
interest in Crevier Minerals Inc., which has a NI 43-101 compliance
resource of niobium and tantalum, and is currently undergoing a
feasibility study.
Forward-Looking Statements
Other than statements of historical fact, all statements in this
release that address events or developments that the Company
expects to occur are forward-looking statements. Although the
Company believes that the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
including but not limited to, Such statements are not guarantees of
future performance, and actual results may differ materially from
those in the forward-looking statements. Factors that could cause
the actual results to differ materially from those in
forward-looking statements are discussed in greater detail in the
Company's most recent Annual Information Form filed on SEDAR, which
also provides additional general assumptions in connection with
these statements. Investors and others who base themselves on the
Company's forward-looking statements should carefully consider the
factors mentioned in the Annual Information Form, as well as the
uncertainties they represent and the risk they entail. The Company
believes that the expectations reflected in those forward-looking
statements are reasonable, but no assurance can be given that these
expectations will prove to be correct, and as such, the
forward-looking statements in this press release should not be
unduly relied upon. These statements speak only as of the date of
this press release.
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Claude Dufresne, ing.President & CEOMDN Inc.514 866-6500,
Ext. 221cdufresne@mdn-mines.comwww.mdn-mines.com