Business
Canadian Royalties Appoints an Interim Chief Financial Officer
MONTREAL, Aug. 19 /CNW Telbec/ - Canadian Royalties Inc. (TSX:CZZ) ("Canadian Royalties" or the "...
About this update from Cleghorn Minerals Ltd.
[{"type":"text","content":"\n\n\n\nMONTREAL, Aug. 19 /CNW Telbec/ - Canadian Royalties Inc. (TSX:CZZ)\n("Canadian Royalties" or the "Corporation") is pleased to announce that it has\nappointed Mr. Daniel Poisson, CA, as Interim Chief Financial Officer.\nMr. Poisson is currently the Corporate Controller of the Corporation.\n\n\nGerald Price has resigned today from his office of Chief Financial\nOfficer. The Board of Directors would like to thank Mr. Gerald Price for his\nhard work and dedicated service as Chief Financial Officer of the Corporation.\n\n\n"We sincerely wish to thank Mr. Price for his determination and\nprofessionalism to assist the Corporation during this transition period and\nwish him well in his future endeavours. Canadian Royalties will immediately\ncommence a search for a new Chief Financial Officer." said Glenn J. Mullan,\nChairman of the Board of Directors of the Corporation.\n\n\nAbout Canadian Royalties and the Nunavik Nickel Project\n\n\nCanadian Royalties has initiated the development of an independent,\nstand-alone nickel-copper mine on its Nunavik Nickel Project, located\n20 kilometers south of Xstrata Nickel's Raglan Mine in Nunavik, Quebec.\nCanadian Royalties has received its Environmental Certificate of Authorization\non May 21, 2008 and Mine Leases for the Expo, Mesamax, Ivakkak and Mequillon\nsites of the Nunavik Nickel Project on July 29, 2008.\n\n\nForward-looking Statement\n\n\nThis news release contains certain forward-looking statements or\nforward-looking information. These forward-looking statements are subject to a\nvariety of risks and uncertainties beyond the Corporation's ability to control\nor predict which could cause actual events or results to differ materially\nfrom those anticipated in such forward-looking statements. Such risks and\nuncertainties are disclosed under the heading "Risk Factors" in the\nCorporation's Annual Information Form for the year ended December 31, 2007 and\ndated March 31, 2008. Further, forward-looking information is in addition\nbased on various assumptions, including, without limitation, the expectation\nand beliefs of management, the assumed long term price of nickel, that the\nNunavik Nickel Project is a technical viable and economic operation, that it\ncan be successfully completed by the Corporation, that the Corporation will\nreceive th...