Resignation of DirectorThere has t be something not being said here. When he was brought in he was hailed as the saviour of the company.
PMI Gold Corporation - Resignation of Director
VANCOUVER, Apr 11, 2011 (Canada NewsWire via COMTEX News Network) --
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TSX Venture Exchange: PMV Australian Securities Exchange: PVM Frankfurt: PN3N.F
PMI Gold Corporation ("PMI Gold" or "the Company") (ASX: PVM) (TSX.V: PMV) advises that Mr. Douglas MacQuarrie has tendered his resignation as a Director of the Company, effective immediately.
Mr. MacQuarrie stepped down from PMI Gold's Managing Director to Director at the start of this year after the Company recruited highly experienced mining executive, Mr. Collin Ellison, as Managing Director and CEO to lead the development of the Company's advanced Obotan and Kubi gold projects in Ghana, West Africa.
PMI Gold Chairman, Mr. Peter Buck, expressed his thanks to Mr. MacQuarrie on behalf of the Company's Board and Management Team for his significant contribution over several years, particularly in identifying and securing the exploration tenements and gold deposits which now underpin PMI Gold's development as an emerging West African gold company.
"On behalf of my fellow Directors, we would like to thank Mr. MacQuarrie for the hard work and substantial entrepreneurial effort he has put into building the Company," he said. "Under the strong leadership of Collin Ellison, I am confident that PMI Gold has a strong and capable Board and Management Team in place to lead the development of the Obotan and Kubi assets and unlock the potential of our extensive exploration holdings in West Africa," Mr Buck added.
On behalf of the Board, Peter Buck Chairman