Business
Pedro Resources Ltd. Announces Appointment of Chief Financial Officer and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - March 24, 2025) - Pedro Resources Ltd. (CSE: VBN) ("Pedro" or the "Company") is pleased to announce the appointment of Deborah Mercier as Chief Financial Officer of the Company. Ms. Mercier has been in the accounting industry for approximately 45 years. In the past 20 years, she has owned and operated multiple businesses in the United States and the Edmonton Area. She specializes in assisting companies as they navigate complex ...
About this update from Pedro Resources Ltd.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - March 24, 2025) - Pedro Resources Ltd. (CSE: VBN) ("Pedro" or the "Company") is pleased to announce the appointment of Deborah Mercier as Chief Financial Officer of the Company.","length":233,"tagName":"p"},{"type":"text","content":"Ms. Mercier has been in the accounting industry for approximately 45 years. In the past 20 years, she has owned and operated multiple businesses in the United States and the Edmonton Area. She specializes in assisting companies as they navigate complex circumstances.","length":267,"tagName":"p"},{"type":"text","content":"The board of directors would like to thank Ms. Jacqueline Wilkie, who acted as interim Chief Financial Officer during this transition period. Ms. Wilkie will continue with the Company in her roles as Chief Executive Officer, interim Corporate Secretary and director.","length":266,"tagName":"p"},{"type":"text","content":"The Company is also pleased to announce the engagement of Mr. Patrick Cossette as a consultant to provide financial strategy and planning advice to the Company. Mr. Cossette is a seasoned finance and accounting professional with over 17 years of experience supporting growth and strategic company objectives across domestic and international locations while seamlessly directing all accounting functions.","length":404,"tagName":"p"},{"type":"text","content":"Corporate Update: ","length":17,"tagName":"p"},{"type":"text","content":"The Company is pleased to provide an update on its operations and its proposed change of business (the "Change of Business") announced on November 3, 2023.","length":165,"tagName":"p"},{"type":"text","content":"Pursuing the Change of Business has been a lengthy process that has been delayed, among others, by complexities surrounding the departure of the Company's former Chief Financial Officer in 2024 which contributed to the Company's difficulties in meeting listing requirements for the Change of Business within the expected timeframe.","length":339,"tagName":"p"},{"type":"text","content":"While these factors have resulted in delays, the Company continues to address all the regulatory requirements necessary to move forward. Management has been diligently focused and is actively working to meet the Canadian Securities Exchange's (the "CSE") requests to expedi...