Business
GOLDQUEST ANNOUNCES PROSPECTIVE BOARD AND CHIEF EXECUTIVE CHANGES AND SCHEDULES ANNUAL GENERAL MEETING
GOLDQUEST ANNOUNCES PROSPECTIVE BOARD AND CHIEF EXECUTIVE CHANGES AND SCHEDULES ANNUAL GENERAL ME...
About this update from Barrick Mining Corporation
[{"type":"text","content":"\nGOLDQUEST ANNOUNCES PROSPECTIVE BOARD AND CHIEF EXECUTIVE CHANGES AND SCHEDULES ANNUAL GENERAL MEETING\n\n\n Jun. 2, 2010 (TheNewswire.ca) -- VANCOUVER, B.C., JUNE 2, 2010 - GoldQuest Mining Corp. (OOTC:GDQMF) (TSXV:GQC) (\"GoldQuest\" or the \"Company\") announces that Alistair Waddell, the Company's current CEO and President, has advised the Board that he wishes to step down from his position as President and CEO of the Company, to pursue other endeavours. By mutual agreement, the Company intends to waive notice under Mr. Waddell's employment agreement and, after stepping down as CEO in mid July, Mr. Waddell will continue to work with the Board to facilitate a smooth period of transition and to ensure that the Company's previously announced exploration plans are carried out while the Board identifies and secures his successor.The Company also announces that it has set the date for the Annual General Meeting (the \"Meeting\") of its shareholders, to be held in Vancouver on Tuesday, the 29th day of June, 2010. The Information Circular for the meeting, mailed to shareholders, proposes a five person Board of Directors, including Neil MacDonald, Anna Stylianides, Anthony Warrender and Roger Davey, each of whom is currently a director of the Company.In addition, the Company is proposing the election of Stephen A. Orr as a new non-executive director. Mr. Orr is currently the President and CEO of Ventana Gold Corp. (OOTC:VENGF) (\"Ventana\")(TSX: VEN), a Vancouver-based mineral exploration and development company. Mr. Orr joined Ventana in September 2009 following five years as CEO of OceanaGold Limited, where under his leadership Oceana built and commissioned two new mines in New Zealand and increased production by 90%. Prior to Oceana Mr. Orr spent 23 years with Barrick Gold Corp. (NYSE:ABX) (TSX:ABX) and Homestake Mining Company in a number of progressively senior roles, ultimately serving as President and CEO of Homestake Canada Inc. Following the merger of Homestake with Barrick Gold Corporation Mr. Orr was Vice President and Managing Director for Australia and Africa with Barrick.Neil MacDonald, the Chairman of the Board, commented, \"We are grateful for Alistair Waddell's past contributions to the Company and for his continued assistance with its current drilling and other activities pending the appointment of his successor. ...