VANCOUVER, BRITISH COLUMBIA, Sep 27, 2011 (MARKETWIRE via COMTEX News Network) --
Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB: DLKM) is pleased to announce the appointment of Debra Farquharson as Executive Vice President, Chief Financial Officer, Secretary and Treasurer.
Debra has over 25 years of multi-industry management experience for both public and privately-held enterprises. Her nine years in the resource sector includes mining and all aspects of oil and gas. Debra has worked for both Suncor and Dome Petroleum. She has been the CFO for several publicly traded companies listed on the TSX, TSX-V, and Nasdaq exchanges. Debra has also been an investor, director and acting corporate secretary of a company traded on the TSX-Venture Exchange.
As a key member of the leadership team in growth organizations with revenues ranging from $1 million to $6 billion, her responsibilities have included all aspects of corporate governance, finance and accounting, IT, HR, public and media relations, sales & marketing as well as operations.
A graduate of Ryerson University in Toronto, Ontario with a Bachelor of BusinessManagement, Debra is also a Chartered Accountant with both the Ontario and BC Institute of Chartered Accountants.
"Debra brings the depth of experience Douglas Lake requires to advise the board and management on matters of corporate governance, treasury and regulatory reporting commitments. As an integral member of the executive team, Debra's role will be instrumental in contributing to the development of the Company's plans for strategic growth. She brings a wealth of expertise in raising equity and developing financing in both the public and private capital and institutional markets. We are pleased to have her join the executive team," commented Douglas Boateng, the Company's CEO.
Debra replaces Herm Rai, who has stepped down as Chief Financial Officer, Secretary and Treasurer. The Company thanks Herm for his contributions to the Company and is pleased to note that Herm will continue assisting the Company in a different capacity.