NR!!!!!!!!!!!!!!!!!!!!!!!!!!!!Here it is Lad's:
Earthworks appoints Saxton; Dan Atkinson resigns
2004-01-12 13:23 ET - News Release
Mr. David Atkinson reports
ANDREW SAXTON JOINS EARTHWORKS BOARD
Andrew Saxton has accepted appointment as a director of the company. Mr. Saxton is chairman of King George Financial Corp. and is a director of Canadian Commercial Corp. (Ottawa), VSM MedTech, Pheromone Sciences Corp., Imperial Parking Canada Corp. and the University of BC Investment Management Trust. Mr. Saxton's past positions have also included, co-founder of Laurentide Financial Corp., Grouse Mountain Resorts, British Columbia Television Broadcasting System and chairman of the Investment Committee of the Insurance Corporation of British Columbia (ICBC).
His past directorships also included Ultratech Corp. (Sunnyvale, Calif.) and Morlan Pacific Corp. (parent company of Morris Plan Company and Great Falls and Yosemite Insurance companies, San Francisco).
The appointment of Mr. Saxton will be a valued addition as the company moves forward with the development of its integrated waste management project in California.
Dan Atkinson has resigned as a director of the company. The company's solicitor, Carl R. Jonsson, has been appointed secretary of the company.
The company has granted additional options as to a total of 200,000 shares exercisable at $1.15 per share to directors and service providers -- pursuant to the company's option plan.
The company has also agreed with its principal U.S. law firm to settle an account owing for services rendered of $40,000 (U.S.) by issuing 52,000 shares at a deemed price of $1.00 (Canadian) per share.