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Prima Colombia Hardwood Inc. Announces Executive Appointments And Option Grant
TSX-V: PCT VANCOUVER, Sept. 13, 2011 /CNW/ - Prima Colombia Hardwood Inc. (TSXV: PCT) (...
About this update from Bravern Ventures Ltd.
[{"type":"text","content":"\n\n\n\n\n\nTSX-V: PCT\n\n\nVANCOUVER, Sept. 13, 2011 /CNW/ - Prima Colombia Hardwood Inc. (TSXV:\n PCT) (\"Prima\" or the \"Company\") is pleased to announce two appointments to its executive team.  Canon\n Fung has been named Chief Financial Officer and Juan Pablo Cabal has\n been named President of Prima's Colombian subsidiary, REM International\n C.I.S.A. (\"REM\").\n\n\nMr. Fung brings over 20 years of finance and management experience to\n the Company.  Prior to joining the Company, Mr. Fung held senior\n financial positions with MacDonald, Dettwiler and Associates Ltd., and\n was a Principal Consultant with PricewaterhouseCoopers in Vancouver,\n British Columbia and Hong Kong. Mr. Fung holds a Bachelor of Commerce\n degree from the University of British Columbia and is a Chartered\n Accountant.\n\n\nMr. Cabal is a seasoned executive with extensive governmental experience\n including in respect of permitting and exports.  Prior to joining REM,\n Mr. Cabal was President of CIAMSA, an organization owned by the\n Colombian sugar producers responsible for the marketing and logistics\n of sugar exports for the owners.  Mr. Cabal was formerly the Deputy\n Minister in the Colombian Ministry of Defence.  Mr. Cabal holds a\n Bachelor of Economics from the University of the Andes and a Masters of\n Economics in International Trade and Finance from the American\n University in Washington D.C.\n\n\n\"We are very pleased to have attracted such talented executives to our\n team.\" commented Prima CEO, Donald Hayes. \"We are confident that the\n appointment of Mr. Cabal as President of REM with his Colombian\n experience, knowledge and expertise in government and regulatory\n matters will assist Prima in securing the necessary permits in a timely\n fashion.\"\n\n\nPrima also announces that pursuant to the Company's Stock Option Plan, a\n total of 3,110,000 incentive stock options have been granted to the new\n executives, existing employees and consultants of the Company.  The\n options are exercisable at a price of $0.10 per share for a period of\n 10 years expiring on September 13, 2021.\n\n\nAbout Prima Colombia\n\n\nPrima Colombia Hardwood Inc. is a TSX Venture Exchange-listed Canadian\n based forest products company focused on international tropical\n hardwood timber development, production and marketin...