Business
Monument Appoints New Directors and Names George Brazier Chairman of the Board
Monument Appoints New Directors and Names George Brazier Chairman of the Board
About this update from Monument Mining Limited
[{"type":"text","content":"Monument Appoints New Directors and Names George Brazier Chairman of the Board\n\n\n\nMonument Appoints New Directors and Names George Brazier Chairman of the Board\n\nVancouver, British Columbia CANADA, December 17, 2008 /FSC/ - Monument Mining Ltd. (MMY - TSX Venture, D7Q1 - FWB), (\"Monument\" or the \"Company\") announces that at its Shareholders' Annual General Meeting held on 5th December 2008 (the \"AGM\") the new Board of Directors was formed with a total of eight members: new members elected were George Molyviatis, Lorenzo Trentini and George Brazier; The re-elected members were Robert Baldock, Zaidi Harun, Adam Bradley, Carl Nissen and Patrick Soares.\n\nMr. George Brazier was elected as Chairman by the new board. Mr. Brazier has served as the Corporate Legal Counsel since the incorporation of the Company. He is a member of the Law Society of British Columbia and the Canadian Bar Association. He has practiced law for 42 years, the last 40 years at DuMoulin Black LLP, a boutique law firm specializing in corporate and securities law. \n\nMr. Brazier said: \"The Company was recently elevated to a Tier I Company under the rules of the TSX Venture Exchange. To ensure good corporate governance practice, the Board has appointed an independent chairman. Mr. Baldock, the former Chairman, stepped down for this purpose. Mr. Baldock is the founder of Monument and its business and a strategic leader of the Company. Under his leadership, within 11/2 years the Company has successfully raised a total $50 million capital to fund acquisitions of its mineral properties and construction of the gold treatment plant and development of the Selinsing Gold Mine. As a company builder, he has rapidly turned the the company into an emerging gold producer, expecting to be in full production in Q4 2009. Mr. Baldock, as CEO and President, will continue to lead the development of the Company to a gold producer and to increase the gold reserves and resources of the Company. \n\nMs. Sharmila Gracieuse was appointed as Corporate Secretary. \n\nThe 2009 Stock Option Plan was adopted at the AGM. It allows the Company to grant stock purchase options to its directors, officers, employees and consultants. The maximum number of shares eligible to be reserved...