NEWS .... NEW PRES/CEO Calvista Announces Board and Management Changes and Stock Option Grant
https://www.marketwire.com/press-release/calvista-announces-board-and-management-changes-and-stock-option-grant-tsx-cvz-1625952.htm
TORONTO, ONTARIO--(Marketwire - Feb. 29, 2012) - Calvista Gold Corporation ("Calvista" or the "Company") (TSX:CVZ) announces that effective February 29, 2012, Mark Haywood will replace Michael Johnson as President, Chief Executive Officer and a Director of the Company. The Company would like to thank Mr. Johnson for his outstanding services.
Mr. Haywood is a degree qualified mining engineer and lawyer with over 20 years of mining operations and exploration experience gained internationally with various companies including BHP Billiton Limited, Gold Fields Limited, Ashanti Goldfields Company Ltd. and Placer Pacific Limited. Mr. Haywood was recently President and Chief Executive Officer of XDM Resources Inc., a private Toronto-based international gold and copper exploration company which he was instrumental in growing from startup to a value of over $75m before his departure in 2011. Mr. Haywood is also a member of the Australasian Institute of Mining and Metallurgy (AusIMM) and the Institute of Corporate Directors (ICD) 2010.
Dr. Ruben Shiffman; who has also been appointed to the position of executive Chairman of the Company, stated: "We are very excited about the appointment of Mark Haywood. As the Company transitions into a more technical phase of operations, a mining engineer of his caliber will make a significant positive contribution to our Company and its share value."
Including the recent appointments, Calvista announces the grant of stock options under its stock option plan to Mr. Haywood to purchase up to 200,000 common shares in Calvista at a price of
.60 per common share for a term of five years, expiring March 1, 2017.