Gentor Announces Corporate and Board Appointments
February 14 2014 - 8:21AM
Marketwired
Gentor Announces Corporate and Board Appointments
TORONTO, ONTARIO--(Marketwired - Feb 14, 2014) - Gentor
Resources Inc. ("Gentor" or the "Company") (TSX-VENTURE:GNT) has
made several corporate and board changes effective immediately.
Arnold Kondrat, currently Executive Vice-President, has been
appointed President and Chief Executive Officer of the Company
replacing Dr. Peter Ruxton. Dr. Ruxton will continue as a director
on the board of directors of the Company. "We would like to thank
Peter for leading Gentor's exploration activities in Turkey and
Oman and look forward to his continued support and technical
expertise as a member of the board," commented Arnold Kondrat. Mr.
Kondrat has been Executive Vice-President and a director of Gentor
for the past 7 years. He has been involved in corporate finance
activities for over 25 years. He is also President and Managing
Director of Sterling Portfolio Securities Inc., a private venture
capital firm based in Toronto. Mr. Kondrat is a founding director
of Banro Corporation, Delrand Resources Limited and Loncor
Resources Inc.
Two new directors, Richard Lachcik and Bill Wilson, have been
appointed to Gentor's board, replacing David Twist and Rudolph de
Bruin. "We would like to thank David and Rudolph for their valuable
contributions to Gentor as directors of the Company over the last 4
years and welcome Richard and Bill to the Gentor board," stated Mr.
Kondrat.
Mr. Lachcik is a partner of the law firm Norton Rose Fulbright
Canada LLP, which acts as counsel to Gentor. He has been practising
corporate and securities law in Toronto, Canada for over 29 years.
Mr. Lachcik has extensive experience in representing public
companies and has also acted for a number of investment dealers. He
has been an officer and director of a number of Canadian public
companies.
Mr. Wilson is currently director, Executive Vice President and
CFO of TUVERA Exploration Inc. He has spent the last 30 years
creating and managing sixteen international mining companies as a
director, an officer and technical adviser. Previously he was Vice
President of Kaiser Canada, President of Humphreys Mineral
Industries, President of Basin Perlite Company, President and CEO
of Banro Corporation, and President of New Horizon Uranium
Corporation. Mr. Wilson graduated from the Colorado School of Mines
with a Metallurgical Engineering degree and received an M.B.A. from
the University of Southern California. He is a qualified
professional member of the Mining and Metallurgical Society of
America in Mining, Metallurgy and Environmental Compliance, a
member of the Canadian Institute of Mining, a fifty-year member of
the Society of Mining Metallurgy and Exploration, a past chairman
and honorary life member of the Colorado Mining Association and an
adjunct instructor at the Colorado School of Mines in mining and
industrial minerals.
About Gentor
Gentor is a mineral exploration company whose projects include
copper and gold properties in Turkey and the Sultanate of Oman. The
Company's strategy is to create shareholder value by developing
highly prospective mineral properties around the globe, with
current focus in Turkey and the Sultanate of Oman.
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.
For further information, please visit our website at
www.gentorresources.com.
Gentor Resources Inc.Arnold T. KondratPresident and CEO+ 1 (416)
366 2221 or + 1 (800) 714 7938www.gentorresources.com
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