Pan American Fertilizer (CNSX: PAF) New Director and Officer Appointments.
(via Thenewswire.ca)
VANCOUVER, BRITISH COLUMBIA, March 20, 2013 - Pan American Fertilizer Corp., (CNSX: PAF) ("Pan American" or the "Company") today announced that it has appointed two new Directors to its Board, and appointed one new Officer of the company.
"I am delighted to welcome Ignacio Randle and Greg Reimer to Pan American's Board of Directors, and am pleased to announce the Officer appointment of Sukhprit Sajan as Vice President - Finance," said Randy Wright, Chairman, President and CEO of the Company. "As we continue to grow and expand our market share, our company will benefit from their depth of knowledge and diversity in experience."
Ignacio J Randle is a partner at the law firm Estudio Randle in Buenos Aires, Argentina, advising domestic and foreign clients in international business transactions, transnational investment, and M&A's with emphasis in energy and natural resources projects. He is recognized throughout the world, as a leader in his field and his practice covers mining exploration, development and production; including title review, due diligence of permit, engineering, construction, operation, option, lease, royalty and purchase and joint-venture agreements, as well as mining-related compliance, litigation, tax, regulatory, private and public financing, employment, corporate, community and environmental health and safety matters. He received his law degree from the Catholic University of Argentina in 1986 and his Master in Laws (LLM) degree from the University of Chicago Law School in 1990. He practiced as a foreign attorney with Baker & Botts in Houston, Texas and Washington, DC, and with McDermott, Will & Emery in Chicago, Illinois. He has served as a Board Member for Oroplata S.A. (Goldcorp.) - June 2011 - December 2011; currently serves as Alternative board of director member of Goldcorp Exploraciones de Argentina S.A. - January 2012 to present; and serves as Trustee, Rocky Mountain Mineral Law Foundation - 2011 to Present.
Gregory (Greg) Reimer served 26 years in the BC Public Service prior to being appointed Executive Vice-President of BC Hydro's Transmission & Distribution business group in June 2010. Mr. Reimer has extensive operational experience and demonstrated strong leadership. He is responsible for overseeing significant capital infrastructure initiatives that involve the expansion, upgrading and maintenance of the province's transmission and distribution systems. A Certified General Accountant by profession, Mr. Reimer held senior leadership positions in the public sector, including Deputy Minister of Provincial Revenue and, most recently, Deputy Minister of Energy, Mines and Petroleum Resources. In this role, he led the development of the 2007 BC Energy Plan and the 2010 Clean Energy Act.
Sukhprit Sajan, CGA, has several years experience working in rapidly growing companies, and has conducted business throughout North and Central America, the Caribbean, United Kingdom and Europe.
Over the course of his career Sukhprit has been retained in a variety of roles, undertaking a broad range of fiduciary and financial responsibilities, including: cash management and treasury functions, implementation of financial systems and controls, enhancement of policies and procedures, financial and management reporting, and team development.
Pan American Board members are appointed, or re-elected, on an annual basis. At the recently held Annual General Meeting (AGM); Mr. Ignacio Randle, Mr. Greg Reimer, Mr. Ben Wendland, Mr. Kurt Loewen and Mr. Randy Wright were appointed to the Pan American Board of Directors.
About Pan American Fertilizer Corp.
Pan American is a Canadian company dedicated to providing fertilizer to growing global markets specifically in South and Central America. The company is focused on the extraction of a specific type of fertilizer called calcium sulphate (also referred to as "Agricultural Gypsum") currently in Argentina. To ensure long term development and increase shareholder value, Pan American currently plans to significantly expand its current operational objectives while expanding its asset base by acquiring additional calcium sulphate and other fertilizer related assets and by expanding its markets to neighbouring countries with Argentina.
When used as a fertilizer and as a soil remediator, calcium sulphate is a soft sulphate mineral composed of calcium sulphate dihydrate which is extremely rich in sulphur and calcium. When dissolved in water, the mineral becomes calcium and sulphate sulphur ions, both of which are required nutrients for plants. Calcium sulphate plays a vital role in establishing and maintaining good chemical balance in soil, water and plants, specifically with healthy root development. Ultimately, calcium sulphate increases overall crop quality and yields. For more information please look at our website www.PAFertilzer.com
On behalf of the Board of Directors of Pan American Fertilizer Corporation.
"Randy Wright"
Randy Wright
Chairman, President and CEO
FOR MORE INFORMATION, PLEASE CONTACT:
Arwen Reynolds
Corporate Affairs
areynolds@pafertilizer.com
(604)638-3480
The CNSX does not accept responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Statements contained in this news release that are not historical facts constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws and are based on expectations, estimates and projections as of the date of this release. The words "is expected" or "estimates" or variations of such words and phrases or statements that certain actions, events or results "may" or "could" occur and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Pan American as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Many of these factors can affect Pan American's actual results and could cause actual results to differ materially from those expressed or implied in any forward looking statements made by, or on behalf of, Pan American. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. Except as required pursuant to applicable securities laws, Pan American will not update these forward looking statements to reflect events or circumstances after the date hereof.
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