Crowflight Appoints Anna Ladd as CFO
26 Mai 2008 - 2:00PM
Marketwired
TORONTO, ONTARIO (TSX VENTURE: CML) is pleased to announce that
Anna Ladd has joined Crowflight as the Chief Financial Officer of
the Company.
Ms. Ladd is an experienced professional with a wide array of
experience in the mining industry. Prior to joining Crowflight, she
served as the Group Controller, North American Operations of
Kinross Gold Corporation and has also worked in Thompson and
Sudbury for Vale Inco. Ms. Ladd is a Certified Management
Accountant and holds a Masters of Arts (Economics) from Queen's
University in Kingston, Ontario and a Bachelor of Commerce degree
from the University of British Columbia.
Mike Hoffman, Crowflight's President and Chief Executive
Officer, stated, "We are delighted to welcome Anna to the
Crowflight team since her depth of experience with mine operations
will be invaluable as we bring the Bucko Lake Nickel Project into
production this year. We would like to thank Ms. Deborah Battiston
for all of her work and contributions to the Company and appreciate
her being available to assist during the transition period."
Option Grant
The Company also announces that it has granted an aggregate of
3,375,000 options under the Company's stock option plan to
officers, directors, employees and consultants. Each option is
exercisable for one common share at a price of $0.69 per option
exercised at any time prior to 5:00 p.m. (Toronto time) on May 26,
2013. The options will vest quarterly in eight equal instalments,
with the first instalment vesting as of May 26, 2008.
Crowflight Minerals - Canada's Next Nickel Producer
Crowflight Minerals Inc. (TSX VENTURE: CML) is a Canadian junior
mining exploration and development company focused on nickel,
copper and Platinum Group Mineral (PGM) projects in the Thompson
Nickel Belt and Sudbury Basin. The Company currently owns and/or
has under option approximately 800 square kilometres of exploration
and development properties in Manitoba and Ontario.
Crowflight's priority is to bring the fully-funded Bucko Lake
Nickel Project located near Wabowden, Manitoba into production by
the third quarter of 2008.
Cautionary Note on Forward-Looking Information
Except for statements of historical fact contained herein, the
information in this press release constitutes "forward-looking
information" within the meaning of Canadian securities law. Such
forward-looking information may be identified by words such as
"plans", "proposes", "estimates", "intends", "expects", "believes",
"may", "will" and include without limitation, statements regarding
the role of Ms. Ladd and the benefits of her appointment to the
Company. There can be no assurance that such statements will prove
to be accurate; actual results and future events could differ
materially from such statements. Investors are cautioned not to put
undue reliance on forward-looking information. Except as otherwise
required by applicable securities statutes or regulation, the
Company expressly disclaims any intent or obligation to update
publicly forward-looking information, whether as a result of new
information, future events or otherwise.
Total Shares Outstanding: 267.4MM
Fully Diluted: 307.0MM
52-Week Trading Range: C$0.45 - $1.29
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Crowflight Minerals Mike Hoffman President and CEO
(416) 861-2964 Crowflight Minerals Heather Colpitts Manager,
Investor and Public Relations (416) 861-5803 Email:
info@crowflight.com Website: www.crowflight.com
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