Stakeholder Gold Corp.: Board and Management Changes
November 28 2013 - 7:47PM
Marketwired Canada
Stakeholder Gold Corp. (TSX VENTURE:SRC) ("Stakeholder" or the "Company")
announces that Mark Fekete has resigned as President, Chief Executive Officer
and Director of the Company, and Gregory Fekete has resigned as Corporate
Secretary and Director of the Company. The Board of Directors wishes to thank
these gentlemen for their hard work and professionalism since the inception of
Stakeholder.
Stakeholder also announces that Chris Berlet BSc. (Mining), CFA has been
appointed President, Chief Executive Officer and Director of the Company, and
Chris Carmichael has been appointed as Chief Financial Officer, Corporate
Secretary and Director of the Company. Mr. Berlet is a graduate of Mining
Engineering from Queen's University (1990) and holds a Diploma in Accounting &
Finance from the London School of Economics and Political Science (1991). Mr.
Berlet is a CFA charter-holder (2004) and has business experience in both
finance and mineral industries. Mr. Berlet is also the President and CEO of NWM
Mining Corporation. Mr. Carmichael is the president of CRIS Inc., a company that
provides a range of financial reporting, corporate secretarial and other
services to TSX, TSX Venture Exchange, CNSX and pre-public companies. From 2003
to 2010, Mr. Carmichael was the CFO of GC-Global Capital Corp., a Canadian
publicly listed merchant bank. Mr. Carmichael has been on a number of Board of
Directors and has been an officer for a number of TSX Venture Exchange
companies.
Finally, the Board of Directors has approved the settlement of $31,630 of
outstanding debts by issuing shares for debt to all creditors of the Corporation
as of November 28, 2013 in accordance with the policies and subject to the
approval of the TSX Venture Exchange. Specifically the Company will issue
632,600 common shares at a deemed price of $0.05 per share, that price being the
"Discounted Market Price" as defined by TSX Venture Exchange Policy 1.1 and as
determined by the date of this news release.
On Behalf of the Board of Directors
Vaughn MacLellan, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. This release may
contain forward-looking statements that are subject to known and unknown risks
and uncertainties that could cause actual results to vary materially from
targeted results. Such risks and uncertainties include those described in the
Company's periodic reports including the annual report or in the filings made by
the Company from time to time with securities regulators. The Company undertakes
no obligation to publicly release the result of any revision of these
forward-looking statements to reflect events or circumstances after the date
they are made or to reflect the occurrence of an unanticipated event.
Shares Issued 41,171,641
FOR FURTHER INFORMATION PLEASE CONTACT:
Chris Carmichael
1-647-352-4900
info@stakeholdergold.com
www.stakeholdergold.com
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