NYSEAM:COE - Post by User
Post by
Zorro99on Jun 30, 2014 12:28pm
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Post# 22705691
This is what is going on !!!
This is what is going on !!!
CanAm Corporate Update
Calgary, AB / TNW-ACCESSWIRE / June 30, 2014 / CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") is announcing the resignations of Robert Power and Steve Somerville from the Board of Directors, effective today.
Mr. Power joined the board in 2010. Mr. Somerville joined the board in 2012. Both Mr. Somerville and Mr. Power are resigning from the board to free up time to pursue their other business initiatives. Going forward, both Steve and Rob have agreed to provide advice to the Board on an as needed basis,
Commenting on the resignations, Jon Legg, Chairman of CanAm's Board of Directors commented: "We are grateful for Rob and Steve's commitment and expertise in helping the Company reposition itself strategically and structurally. With the key pieces of our financial plan announced or already in place, the Company can fully focus on operational execution. We are grateful for Rob and Steve's guidance and advice in helping get us to this point and we wish them every success in the future."
For Further Information:
CanAm Corporate Office:
Jos De Smedt, President & CEO