Business
WGI Heavy Minerals announces senior management changes
COEUR D'ALENE, ID, April 29 /CNW/ - WGI Heavy Minerals, Incorporated (TSX: WG) today announced th...
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"\n\n\n\nCOEUR D'ALENE, ID, April 29 /CNW/ - WGI Heavy Minerals, Incorporated\n(TSX: WG) today announced that Greg Emerson, the current President of WGI's\nNorth American Operations, has been appointed interim Chief Executive Officer\neffective May 1, 2008. The term of the Company's current Chief Executive\nOfficer, Covell Brown, expires on April 30, 2008. Mr. Brown has agreed to\ncontinue serving as the non-executive Chairman of the Board of Directors and\nto continue to lead the process by which the Special Committee of the Board is\ncurrently considering strategic alternatives for the Company. Mr. Brown will\nalso continue to serve as the Chairman of WGI's Indian subsidiary.\n\n\nThe Board of Directors is pleased that Mr. Emerson has agreed to assume\nthe interim CEO role as he has had a long-standing relationship with the\nCompany, serving as its Chief Financial Officer from 1996 until November, 2005\nand then as Senior Vice President, Corporate Performance from November, 2005\nuntil being promoted to his current duties as President, North American\nOperations in August, 2006. Mr. Emerson will report to the Board through the\nChairman of the Audit Committee.\n\n\nThis press release contains forward-looking statements concerning the\nbusiness, operations, and financial performance and condition of WGI Heavy\nMinerals, Incorporated. A number of the matters discussed and statements made\nin the press release contain forward-looking statements reflecting current\nexpectations regarding future assets. When used in this press release, the\nwords "believe", "anticipate", "intend", "estimate", "expect", "project", and\nsimilar expressions are intended to identify forward-looking statements,\nalthough not all forward-looking statements contain such words. These\nforward-looking statements are based on current expectations and are naturally\nsubject to risks, uncertainties, and changes in circumstances beyond\nmanagement's control that may cause actual results to differ materially from\nthose expressed or implied by such forward-looking statements. Factors that\nmay cause such differences include but are not limited to: exploration and\ndevelopment risks; risks related to permits and title to property; risks\nrelated to foreign countries and regulatory requirements; operating ...