ITEM 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment
of Principal Officers
On June
1, 2007, Gary Haukeland, resigned as the President, Chief Executive
Officer and Chief Financial Officer of Raven Gold, Inc. (the “Company”),
effective immediately as of the date thereof.
On June
1, 2007, the Board of Directors appointed Blair Naughty as the Chief Executive
Officer as well as a Director of the Company, effective immediately as of the
date thereof.
Mr.
Naughty has 18 years experience in the junior stock markets, holding positions
at Midland Doherty, Sprott Securities, Yorkton Securities and Infinity Mutual
Funds between the years of 1989 and 1997. From
1998
until present, Mr. Naughty has worked with both public and private mining
companies aiding them in investor awareness campaigns and in securing
financing.
On June
7, 2007, the Company’s Board of Director’s elected Leon David Michaud
to serve as Director of the Company, effective immediately as of the date
thereof.
Mr.
Michaud specializes in the start-up and operation of large-scale metallurgical
concentrators. The metallurgical consultant, who speaks French, English and
Spanish, holds a bachelor's degree in mining engineering from Queen's
University.
For the
last year, Mr. Michaud has been consulting in mining for MetallurgyInMotion Inc.
Prior to that, he was acting as operations manager to Corriente Resources Inc.
and involved in the feasibility study of its large-tonnage copper-gold project
in South America. One of his most recent high-profile assignments was as the
mill operation's superintendent in the successful 2001 start-up of the
concentrator at Compania Minera Antamina SA in Peru. Mr. Michaud was part of the
group that successfully headed the commissioning and transition to stable
operation of the Antamina concentrator.
On June
11, 2007, the Company’s Board of Director’s elected Laurence
Stephenson to serve as Director of the Company, effective immediately as of the
date thereof.
Since
2001, Mr. Stephenson as been involved in the re-organization Sutcliffe Resources
and consulting to various other junior exploration companies. Additionally, he
was involved in Golden Chief Resources Inc. (Vancouver Stock Exchange) as a
founding partner, director and Vice President - Exploration. In that role he
actively guided the exploration and acquisition of capital investment to fund
the exploration. In that time, Mr. Stephenson also assisted in getting Kermode
Resources Ltd. re-listed and funded for mineral exploration. For the past 15
years, Mr. Stephenson as assisted these and other new companies acquire
investment funds.
On July
6, 2007, the Company’s Board of Director’s elected Michael Sandidge to serve as
Director of the Company, effective immediately as of the date
thereof.
Mr.
Sandidge has been working as an exploration geologist for more than 20 years.
His recent experience includes porphyry copper, copper-gold systems in Mexico
and South America and southwest Pacific, IOCG (Iron Oxide Copper Gold) in Chile,
epithermal precious metal systems in Latin America, sedimentary-hosted base
metal deposits in Latin America, ultramafic-mafic base metal-PGM deposits in
Scandinavia and northwest Russian Federation, and sediment-hosted uranium
deposit types in western United States. He has authored or co-authored more than
15 scientific articles relating to structural geology, metallogenesis, and
tectonics. Mr. Sandidge has affiliations with the Society of Economic
Geologists, the Society of Geology Applied to Mineral Deposits, is a qualified
person under NI 43-101 (Canadian National Instrument Qualified Person
standards), and is a Washington State Professional Geologist.
On July
19, 2007, the Company’s Board of Director’s elected Francis D.A. Forbes
III to serve as Director of the Company, effective immediately as of
the date thereof.
Mr.
Forbes III, for the last 5 years, has specialized in consulting to companies
doing business in Mexico. Mr. Forbes, is fluent in English, French and Spanish
and was born in Koln, West Germany. Mr. Forbes, has been instrumental in many
projects in Mexico, due to his political and government contacts. Many of these
projects include major real estate and land developments.
On
October 24, 2007, Laurence Stephenson and Leon David Michaud resigned as
Directors of the Company, effective immediately as of the date
thereof.
On
November 12, 2007, Blair Naughty resigned as Director of the Company, effective
immediately as of the date thereof.
On
November 12, 2007, the Company’s Board of Director’s elected Mike Wood to serve
as Chief Executive Officer and Director of the Company, effective immediately as
of the date thereof.
Prior to
joining the Company, Mr. Wood was President of Sales at EC Development, LLC.
From
February
2002 to February 20005, Mr. Wood was President of Sales at ID
Interactive.
On
November 12, 2007, the Company’s Board of Director’s elected Sam E. Caruso to
serve as a Director of the Company, effective immediately as of the date
thereof.
Sam E.
Caruso has held a position as President and Chief Executive Officer for BKJ
Solutions, Inc. for the past three years. In addition to his current duties with
BKJ Solutions, Inc., Mr. Caruso also sits on the Board of Directors for the
Apache Tribe of Oklahoma Gaming Development Board. Mr. Caruso is also
in the second year of a three term as a Gaming Commissioner for the Seminole
Nation of Oklahoma. In addition, Mr. Caruso is currently serving as
President-Elect for the American Indian Chamber of Commerce of
Oklahoma.
On
December 6, 2007, Gary Haukeland resigned from all positions held with the
Company, including Director, effective immediately as of the date
thereof.