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Announces Changes to the Board of Directors
posted on
May 13, 2009 12:41PM
May 13, 2009
Explor Announces Changes to the Board of Directors
ROUYN-NORANDA, CANADA--(Marketwire - May 13, 2009) - (TSX VENTURE:EXS)
Explor Resources Inc. is pleased to announce the appointment of Mr. Mario Colantonio to the Board effective May 13, 2009.
Mr. Colantonio is a professional engineer and businessman who has been active in the mining industry since the mid 1980's. He has significant experience in engineering and management for capital and infrastructure projects for mine/mill construction, including feasibility studies. His past experience includes senior management positions for AMEC, a multi-national mine/mill engineering and construction company. He is currently President of Porcupine Engineering Services of Timmins Ontario.
Mr. Colantonio will be granted 100,000 stock options at a price of $0.30 per option, valid for a period of five years. The appointment of Mr. Colantonio is subject to the approval of the TSX Venture Exchange.
The Company also acknowledges the resignation of Mr. Christian Guilbaud as a director of the Company, effective April 14, 2009. Mr. Colantonio will replace Mr. Guilbaud on the Audit Committee. The Board would like to thank Mr. Guilbaud for his valuable contributions since he became a director in 2007 and wishes him success in his future endeavours.