MetalCORP Announces Appointment of President
June 23 2010 - 5:42PM
Marketwired
MetalCORP Limited (TSX VENTURE: MTC) is pleased to announce the
appointment of Chris Dougherty, P. Eng., as President of MetalCORP.
Mr Dougherty has more than 22 years of experience as a consulting
engineer designing and managing the development and construction of
underground and open-pit mining and related projects around the
world.
"MetalCORP is extremely pleased to have Chris working with us as
we prioritize and advance our exploration projects in northwestern
Ontario," commented Donald A. Sheldon, who has been re-appointed
Chief Executive Officer. "Chris' extensive experience in
exploration, mine development and mining will be an invaluable
resource to our company. We also thank Naomi Nemeth for her service
to MetalCORP as President and CEO and wish her every possible
success in her new position with Continental Gold. We are pleased
that Naomi is continuing as a director of MetalCORP."
As part of his compensation, Mr Dougherty has been granted
options to purchase 600,000 common shares of MetalCORP at an
exercise price of $0.11 per share. The options are exercisable for
a maximum period of five (5) years subject to earlier termination
30 days after his agreement with the company ends or he ceases to
be a service provider to the company.
MetalCORP is a mineral exploration company based in Thunder Bay,
Ontario with gold and base metal projects in the Canadian Shield of
Northern Ontario, Canada, one of the most prolific mineral
districts in the world.
MetalCORP has 62,699,471 common shares outstanding and
approximately $1,500,000 in cash and no long-term debt. To find out
more about MetalCORP visit its website at www.metalcorp.ca.
Contacts: MetalCORP Limited Donald A. Sheldon Chief Executive
Officer 416-595-0147 dasheldon@metalcorp.ca
MetalCorp (TSXV:MTC)
Historical Stock Chart
From Dec 2024 to Jan 2025
MetalCorp (TSXV:MTC)
Historical Stock Chart
From Jan 2024 to Jan 2025