THETFORD
MINES, QC, May 26, 2022 /CNW Telbec/ - Asbestos
Corporation Limited announced today that, at its Annual Meeting of
Shareholders held on May 26, 2022 in
Thetford Mines, Quebec,
Mr. Jean-François Boulet and Mrs. Chantal Grenier were elected to the Board of
Directors in replacement of Messrs. Clément Godbout and Laurent
Langevin.
Messrs. Clément Godbout
and Laurent Langevin were elected to
Asbestos Corporation's Board of Directors on December 29, 2003 and on March 28, 2008, respectively. Mr. Godbout chaired the Audit Committee and Mr.
Langevin was a member.
« Mr. Godbout's experience
played a key role in the evolution of Asbestos Corporation in all
the years he acted as a director and he will continue to support
the organization by remaining a member of the board of directors of
the parent company, Mazarin inc. », commented John LeBoutillier, Chairman of the Board of the
Corporation.
« Mr. Langevin has played a leading role in the success of
Asbestos Corporation. His expertise as a businessman and real
estate developer has been decisive in the evolution of the
Corporation during all these years when he was a director »,
added Mr. LeBoutillier.
« On behalf of Asbestos Corporation Limited, I would like
to thank them both for their contribution and dedication. I wish
them all the best as they move forward in their professional and
personal life », concluded Mr. LeBoutillier.
Mr. Jean-François Boulet holds a bachelor's degree in Human
Resources Management from Université Laval. He began his career as a professor of
administration at the Thetford
Mines College. Subsequently, he has held
several management positions in the following companies :
Inglis / Whirlpool, Desjardins General Insurance Group
and EXFO. From 2003 to 2021, he held various responsibilities as
Vice-President and then Executive Vice-President, Customer &
Employee Experience, responsible for continuous improvement and
brand strategy within IA Financial Group. Involved in the
community, he was Chairman of the Board and a founding member of
Bénévole d'expertise.
Mrs. Chantal Grenier is General
Manager of the family business Prolab Technolub inc. since 1988.
She has sat and still sits on several boards of directors: the
Quebec Center for Industrial Research (CRIQ), the Thetford Mines College, DPME
Chaudières-Appalaches, Practice Enterprise Translab, the College
Center for Technology Development Kemitek, the Carrefour Jeunesse
Emploi of Thetford Mines, the
Foundation of a house for palliative care "Les couleurs du vent"
and the "Fonds régionaux (Regional Funds) FTQ
Chaudière-Appalaches".
Asbestos Corporation Limited is a natural resource company whose
focus in on the development of industrial minerals in order to
provide value-added products that meet the criteria of customers
worldwide with regard to performance and economic and ecological
concerns. Asbestos Corporation Limited's shares trade on the NEX
Board of TSX Venture Exchange under the stock symbol AB.H.
FORWARD-LOOKING STATEMENTS: This press release contains
forward-looking statements that address future events and
conditions, which are subject to various risks and uncertainties.
Actual results could differ materially from those anticipated in
such forward-looking statements as a result of numerous factors,
some of which may be beyond the Corporation's control. These
factors include: general market and industry conditions, risks
related to commissioning, to continuous operations and to
commercialization of new technologies and other risks disclosed in
the Corporation's filings with Canadian Securities
Administrators.
Forward-looking statements are based on the expectations and
opinions of the Corporation's management as of the date of this
press release. The assumptions used in the preparation of such
statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Corporation
does not undertake any obligation to update such forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Asbestos Corporation Limited
