Business
Golden Birch Resources Inc. Announces the Resignations of David Drinkwater and Stephen Lewin
TIMMINS, ON / ACCESSWIRE / March 11, 2021 / Golden Birch Resources Inc. (CSE:GBRX) ("Golden Birch" or the "Company") announces the retirement and resignation of
About this update from Loyalist Exploration Limited
[{"type":"text","content":" TIMMINS, ON / ACCESSWIRE / March 11, 2021 / Golden Birch Resources Inc. (CSE:GBRX) (\"Golden Birch\" or the \"Company\") announces the retirement and resignation of Mr. David Drinkwater from the Board of Directors. Commencing with his appointment on July 30, 2019, Mr. Drinkwater's mandate as an independent director and the Chairman of the Board of Directors of the Company has been to assist with the Company's development into a publicly listed mineral exploration company. The Company would like to extend its gratitude to Mr. Drinkwater for his valuable contributions to the Company and wishes him well in his retirement. The Company also announces the resignation of Mr. Stephen Lewin from the Board of Directors for personal and health reasons. The Company would like to thank Mr. Lewin for his time serving as a director and wishes him well in his future endeavours. Pursuant to the option agreement dated March 20, 2020 (the \"Option Agreement\") between the Company, Papuan Minerals Pty Ltd (\"PMPL\"), and Papuan Minerals Limited, PMPL is entitled to replace its two representative directors to the board of the Company, upon the removal or resignation of such directors. PMPL had previously put forth Mr. Lewin as one of its two representative directors, and the Company understands that PMPL is presently conducting a search to identify a replacement representative director to fill the vacancy to created by the Resignation. In addition, pursuant to the Option Agreement, the Company will work with PMPL to identify a mutually acceptable independent Chairman of the Board of the Company to fill the vacancy caused by the retirement of Mr. Drinkwater. For further information please visit the Company's website at www.goldenbirchresources.ca or contact: Alan MartinChief Executive Officer, President and Executive DirectorE: [email protected]: +61.488.223.828 Iain MartinChief Administrative Officer & Executive DirectorE: [email protected]: 1.705.288.0249 Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materiall...