Good News!!Verde Potash PLC (C-NPK) - News Release
Verde Potash names Garnett director
2011-05-04 17:22 ET - News Release
Shares issued 32,042,769
NPK Close 2011-05-03 C$ 8.35
Mr. Cristiano Veloso reports
DR. RICHARD GARNETT JOINS VERDE'S BOARD OF DIRECTORS
Verde Potash PLC has appointed Dr. Richard Garnett to the board of directors of the company. Dr. Garnett previously sat on Verde's technical advisory committee, contributing significantly to the development of the Cerrado Verde potash project.
Dr. Garnett has extensive experience in the mining industry with 50 years spent working with a wide range of minerals in jurisdictions from Canada, South Africa, South East Asia to Brazil. Through his career, he has held senior positions with Rio Tinto, Anglo American, Hudson Bay Mining and Diamond Fields Resources, where he was instrumental in the early recognition and exploration of the Voisey's Bay nickel deposit. A mining engineer by training, he holds a PhD in economic geology from the Royal School of Mines (U.K.) and a master of business administration from Cranfield University. Dr. Garnett currently resides in Oakville, Ont.
Commenting president and chief executive officer, Cristiano Veloso, said: "Dr. Garnett has been active with Verde since 2008 as a consultant and member of the advisory board. He has been helpful in shaping our growth and development. We are thrilled he is now joining the board of directors and believe he will make an even greater contribution to the company."
Verde has issued 110,000 share purchase options exercisable at $7.71, expiring May 4, 2016, to Dr. Garnett, pending TSX regulatory approval.
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