Business
Augen announces management reorganization
Augen announces management reorganization.
About this update from Gensource Potash Corp.
[{"type":"text","content":"\n\n\n\nShares outstanding: 35,915,615\n\n\nTORONTO, May 17 /CNW/ - Augen Capital Corp. ("Augen") (TSX-V: AUG) and\nits founder, J. David Mason, are pleased to announce the following changes to\nmanagement and the Board of Directors.\n\n\n"The depth of business experience reflected by these appointments\ndemonstrate Augen Capital's commitment to expand the business platform to\nrealize maximum future value for its shareholders", said J. David Mason,\nChairman of Augen.\n\n\nEffective immediately, George D. Elliott, B.A. (Hon.), L.L.B., a seasoned\nbusiness leader with over 30 years of experience in corporate finance and\ngovernance, has assumed the position of Chief Executive Officer. Mr. Elliott\nis a former senior partner of McCarthy Tetrault LLP, senior counsel to Gowling\nLafleur Henderson LLP, and was one of the original founders and CEO of\nTitanium Corporation Inc. (TSXV) where he continues as Chairman. Mr. Elliott\nis a director of the PLM Group Ltd. (TSX), Canada's fourth largest commercial\nprinter, and is a director of Integrated Asset Management Corp. (TSXV), a\nC$3 billion fund management company.\n\n\nMichael G Fowler, B.Sc, M.Sc, MBA, C.Eng has been engaged as President,\nStructured Products, effective May 30, 2007. Mr. Fowler has over 30 years\nexperience in the mining industry concentrating for the past 20 years in\nmining finance. Following his 10 years of technical mineral exploration and\ngeophysical experience, Mr. Fowler has been a senior metals analyst with major\ninstitutional firms including a Canadian chartered bank, Levesque Beaubien\nGeoffrion Inc., and most recently assumed the role of Vice President at\nDesjardins Securities Inc. Mr. Fowler's experience will allow Augen to\nincrease the scale of its structured transactions.\n\n\nMichel LeBel has been appointed to the Board of Directors, effective\nimmediately, and assumes the role of Chairman of the Audit Committee. Mr.\nLeBel holds a Bachelor of Commerce and a Masters Degree in Business\nAdministration from Universite Laval. Mr. LeBel is a member of the Institute\nof Corporate Directors and is currently completing the Director's Education\nProgram at the Rotman School of Management. Mr. LeBel has been a senior\nexecutive with several financial institutions including Desjardin-Laurentian\nLife Group, Metropolitan Trust, Credit Ly...