Business
Canyon Gold Corp. Change of Corporate Governance Leadership
Canyon Gold Corp. Change of Corporate Governance Leadership.
About this update from Defense Technologies International Corp.
[{"type":"text","content":"\n\n LAS VEGAS, May 02, 2016 (GLOBE NEWSWIRE) -- Canyon Gold Corp. (OTCQB:CGCC) (The Company) announces changes in corporate governance leadership.  Stephen M. Studdert, who has been serving as Chairman and President, announced Merrill W. Moses as his successor, effective May 1, 2016.\n Mr. Studdert has long planned to rotate off the board at the end of April, 2016.  “For achieving shareowner value, I believe strongly in fresh leadership and Mr. Moses joining the Canyon Gold team at this time is an important planned step in that direction.  I’m pleased that the company is now positioned to move aggressively forward on the strategic value plans we have put in place.  Our goal is to optimize value for shareowners, and Mr. Moses brings a wealth of talent and expertise to achieve that.”  The Company is pleased to also announce that Mr. Studdert will remain as a key member of its board of advisors. “These important changes in governing leadership will facilitate the company moving into the next phase of market penetration for its proprietary school security technology and its high-potential Nevada gold holdings, to realize its market growth potential, and ensure governance stability,” said Mr. Studdert.  “We express our appreciation to Mr. Studdert for his service as a member of the team and are pleased to continue to be able to profit from his vast experience as an advisor” – “I am honored to be appointed as the President and CEO and I look forward to continue the task to success and to take the Company into the next phase to achieve the goals of the Company and to optimize shareholder value,” said President Merrill Moses. Merrill W. Moses has a substantial professional executive background in technology, finance, energy production, and mining operations.  A former bank president, Mr. Moses has been the chief executive officer and board member of several public and private corporations, and has extensive executive experience in Nevada gold mining exploration and in bringing new technology products to market.  He is listed in   ‘Who’s Who’ in the National directory of “Executives and Professionals”.  He served as President George W. Bush’s Honorary Chairman of the House Majority T...