DPM Announces Management Change
February 04 2011 - 4:33PM
Marketwired
Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT)(TSX: DPM.WT.A)
(the "Company" or "DPM") today announced that Stephanie Anderson is
stepping down as Executive Vice President and Chief Financial
Officer of the Company ("CFO"), effective February 28, 2011,
following the announcement of its 2010 year-end financial results.
Jonathan Goodman, President and Chief Executive Officer of DPM,
commented, "I would like to thank Stephanie for her dedication to
DPM. Stephanie was hired three years ago to provide financial
leadership and direction to the organization and to assist in
positioning it for its planned growth program. By all accounts she
has fulfilled her mandate admirably. Management and the board of
directors appreciate the many contributions Stephanie has made to
DPM's success and wish her well in her future endeavours."
The search for the next CFO, during this important period of
growth, is underway. Patrick Lim, CA, Director, Finance and Global
Controller of the Company, will be appointed Interim CFO until the
search for a successor has been concluded. This will not affect the
timing of the Company's year-end financial results.
Dundee Precious Metals Inc. is a Canadian based, international
mining company engaged in the acquisition, exploration,
development, mining and processing of precious metals properties.
The Company's operating interests include its 100% ownership of
Chelopech Mining EAD, its principal asset being the Chelopech mine,
a gold, copper, silver concentrates producer located east of Sofia,
Bulgaria, Namibia Custom Smelters (Pty) Ltd., a concentrate
processing facility located in Tsumeb, Namibia, and Deno Gold
Mining Company CJSC, its principal asset being the Kapan mine, a
gold, copper, zinc, silver concentrates producer located in
southern Armenia. DPM's interests also include the Krumovgrad
development stage gold property located in south eastern Bulgaria,
near the town of Krumovgrad, and certain exploration and
exploitation properties in Serbia.
FORWARD-LOOKING STATEMENTS
This news release may contain certain information that
constitutes forward-looking statements. Forward-looking statements
are frequently characterized by words such as "plan," "expect,"
"project," "intend," "believe," "anticipate" and other similar
words, or statements that certain events or conditions "may" or
"will" occur. Forward-looking statements are based on the opinions
and estimates of management at the date the statements are made,
and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ
materially from those projected in the forward-looking statements.
These factors include the inherent risks involved in the
exploration and development of mineral properties, the
uncertainties involved in interpreting drilling results and other
geological data, fluctuating metal prices and other factors
described above and in the Company's most recent annual information
form under the heading "Risk Factors" which has been filed
electronically by means of the Canadian Securities Administrators'
website located at www.sedar.com. The Company disclaims any
obligation to update or revise any forward-looking statements if
circumstances or management's estimates or opinions should change.
The reader is cautioned not to place undue reliance on
forward-looking statements.
Contacts: Dundee Precious Metals Inc. Jonathan Goodman President
and Chief Executive Officer (416) 365-2408
jgoodman@dundeeprecious.com Dundee Precious Metals Inc. Lori Beak
Vice President, Investor Relations and Corporate Secretary (416)
365-5165 lbeak@dundeeprecious.com
Dundee Precious Metals (TSX:DPM)
Historical Stock Chart
From Jul 2024 to Aug 2024
Dundee Precious Metals (TSX:DPM)
Historical Stock Chart
From Aug 2023 to Aug 2024