Business
Full Metal Announces Appointment of New Director and Provides Corporate Update
(via Thenewswire.ca) Vancouver, BC / TheNewswire / October 14 th , 2015 - Full ...
About this update from Full Metal Minerals Ltd. Class A
[{"type":"text","content":"Full Metal Announces Appointment of New Director and Provides Corporate Update(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire / October 14th, 2015 - Full Metal Minerals Ltd. (FMM-TSX:V) (\"Full Metal\" or the \"Company\") is pleased to announce the appointment of Doug Ramshaw to the board of directors of the Company.\n\n\n \nMr. Ramshaw received his Honours Degree in Mining Geology from the Royal School of Mines, Imperial College, London, United Kingdom in 1992. Upon graduation, Mr. Ramshaw served as Assistant Editor at the Mining Journal covering worldwide exploration and development news. Thereafter he became a Mining Analyst for C.M. Oliver, an independent brokerage firm in London, United Kingdom, prior to moving to consulting and corporate management activities in the junior mining sector. \n\n\n \nMr. Ramshaw has traveled extensively around the world visiting numerous projects covering a wide range of commodities. During his two decade long career, Mr. Ramshaw has been involved in the raising of more than $100 million in mining equity financing.\n\n\n \nFull Metal is also providing the following corporate update.\n\n\n \nManagement and the board of directors of the Company continue to actively review corporate opportunities and assets that may be available to Full Metal in various industries and jurisdictions. At this time, multiple potential transactions are being contemplated, although there can be no guarantee that any of them will be completed. \n\n\n \nThe continued focus of the Company has been to identify and assess various opportunities as part of the Company's objective of identifying those business prospects that can provide the best future for the Company and its shareholders. In particular, the Company is focusing on securing assets/projects in North America and Asia. The Company remains committed to prudently managing its limited resources while seeking to maximize shareholder value in this challenging market environment.\n\n\n \nFull Metal also announces that the management services agreements entered into in July 2011 between Full Metal and companies controlled by the President and Chief Executive Officer, Chief Financial Officer and Corporate Secretary of the Company have been amended. Prior to the amendments, the agreements provided for a change of control payment if within 12 months following a \"c...