Business
Pinnacle Appoints New CEO and Directors
Pinnacle Appoints New CEO and Directors
About this update from Barrick Mining Corporation
[{"type":"text","content":"\nPinnacle Appoints New CEO and Directors\n\n\n Jun. 3, 2010 (TheNewswire.ca) -- Vancouver, B.C., June 3, 2010; Pinnacle Mines Ltd. (TSXV:PNL) (PNL:TSX-V, \"Pinnacle\" or \"the Company\") announces that shareholders approved all resolutions put before them at the Company's Annual General Meeting (\"AGM\") held on May 28, 2010. For more information refer to the Company's Information Circular posted on SEDAR.At the AGM, the number of directors for the Company was set at 8 with Robert Wolfe, Herrick Lau, Ringo Hui, Andrew Cheng and William Ng returning as directors with nominees David Eaton, Letty Wan and Robert Perry being newly elected to the Company's Board for the ensuing year.Following the AGM, the Board appointed David Eaton as Chief Executive officer and re-appointed Herrick Lau as the Company's Chief Financial Officer.Dr. Lawrence Dick, who did not stand for re-election as a director, stepped down as the Company's President and CEO. Dr. Dick will remain on as a senior consulting geologist and will be instrumental to the Company going forward as it focuses its efforts on advancing its Silver Coin Gold Project to feasibility. The Company wishes to thank Dr. Dick for his many contributions over the years as both a director and officer.David Eaton, Chief Executive OfficerThe Company is pleased to announce the appointment of David Eaton as the Company's new CEO. With over 20 years experience in public markets with exposure to all aspects of the business, Mr. Eaton's background with public companies, deal making and the structuring of public financings will aid the Company tremendously. This combined with Mr. Eaton's management and organizational skills, will at this stage of the Company's growth, prove invaluable as the Company anticipates expanding its exploration and development personnel.Robert Perry, P.Geo, VP of Exploration and DevelopmentThe Company is also very pleased to have Robert Perry join the Company's Board and spearhead the Company's development of the Silver Coin Gold Project. Mr. Perry has over 25 years experience as a geologist. One of Mr. Perry's most notable achievements was the discovery of the Beartrack Gold Mine in Idaho during the late 1980's. From staking to overseeing the initial drill out of Beartrack on behalf of Canyon Resources, Beartrack went on to produce approximately 750,000 ounces of gold durin...