Business
Megastar Development Announces AGM Results
VANCOUVER, BC / ACCESSWIRE / December 31, 2020 / Megastar Development Corp. ("Megastar", or ...
About this update from Madoro Metals Corp
[{"type":"text","content":"Megastar Development Announces AGM ResultsVANCOUVER, BC / ACCESSWIRE / December 31, 2020 / Megastar Development Corp. (\"Megastar\", or the \"Company\") (TSXV:MDV)(Frankfurt:M5QN)(OTC PINK:MSTXF) announces the results of its 2020 Annual General Meeting (\"AGM\") of shareholders held on Wednesday, December 30, 2020.Shareholders approved all the resolutions detailed in the management information circular of the Company dated December 1, 2020, namely:Fixing the number of the Board of Directors at six (6) and electing all of management's nominees, namely Dusan Berka, Robert Archer, Paul Smith, David Jones, Brian Ostroff and Mary Ellen Thorburn, Mr. Ostroff and Ms. Thorburn being new members to the Board.Re-appointing Davidson & Company LLP, Chartered Professional Accountants as auditor of the Company for the ensuing year and authorizing the directors to fix their remuneration; andApproving the Company's stock option plan for the ensuing year in accordance with the policies of the TSX Venture Exchange.Brian Ostroff is a graduate of the University of Toronto (1986). In 1987, he joined RBC Dominion Securities where his focus was on smaller cap special situations as well as alternative investments. In 1999, he joined the M&A advisory firm Goodrich Capital where he was the Canadian managing partner overseeing mandates across a spectrum of industries with a focus on display technologies and mining. In 2004, Mr. Ostroff moved over to the trading side of the business where he spent a year as a proprietary trader with a large Canadian bank and subsequently on his own for four years, prior to joining Windermere Capital as Managing Director. His area of focus is the junior and mid-tier mining sector. Mr. Ostroff has sat on Arianne Phosphate's board since 2014 and serves as CEO since 2016.Mary Ellen Thorburn is a Chartered Professional Accountant (CPA, CA) and Chartered Financial Analyst (CFA) whose areas of expertise include, but are not limited to, strategic planning and budgeting, treasury management and capital raising, business valuations and modelling, team building and leadership, and capital projects management. Ms. Thorburn began her career with PricewaterhouseCoopers and was progressively promoted through the ranks. From public accountancy, she transitioned into equity research, working as a mining & metals analyst with UB...