Business
David Layman appointed New Director, RJK grants options
KIRKLAND LAKE, ON, June 10 /CNW/ - RJK Explorations Ltd. (the "Company") (TSX VENTURE: RJX.A) ann...
About this update from Rjk Explorations Ltd. Class A
[{"type":"text","content":"\n\n\n\nKIRKLAND LAKE, ON, June 10 /CNW/ - RJK Explorations Ltd. (the "Company")\n(TSX VENTURE: RJX.A) announces that it has appointed David Layman as a\nDirector of the company. Mr. Layman has served in varying financial capacities\nduring the past 28 years with Placer Dome Inc., MinVen Gold Corporation,\nGoldfields (USA), Greenstone Resources Ltd., World Wide Minerals Ltd., Khan\nResources Inc., and Diadem Resources Ltd. Each of these positions has given\nMr. Layman increased experience in international mining and capital markets.\n\n\nRecently Mr. Layman served in a consulting capacity in taking UrAsia\nEnergy Ltd. public and subsequently merging UrAsia Energy with SXR Uranium One\nInc. to form Uranium One Inc. Mr. Layman serves in the capacity of Senior\nVice-president, CFO and Co-CEO of GLR Resources Inc.\n\n\nMr. Layman is President of Atlantic Settlement Holding Corporation, a\ncorporate management and financial advisory company and is a Chartered\nAccountant, registered in Ontario. Mr. Layman is replacing Dr. James Franklin\nwho did not let his name stand for re-election at the company's recent AGM.\nThe board would like to thank Mr. Franklin for the many years of service he\nprovided to the company and wish him the very best in all his future\nendeavors.\n\n\nIn addition, subject to regulatory approval, the company has granted an\nadditional 1,200,000 incentive stock options to Mr. Layman, directors and\nemployees of the company. With the additional granted options, the company\nwill have a total of 2,775,000 options outstanding or 5.4% of the issued and\noutstanding shares of the company.\n\n\nThe new options have been granted under the company's previously approved\nrolling plan and are exercisable at $0.10 per share until June 10, 2014.\n\n\nForward Looking Statements: This news release contains certain\nforward-looking statements. These forward-looking statements are subject to a\nvariety of risks and uncertainties beyond RJK's ability to control or predict\nwhich could cause actual events or results to differ materially from those\nanticipated in such forward-looking statements. Although RJK believes that the\nassumptions inherent in the forward-looking statements are reasonable, undue\nreliance should not be placed on these forward-looking statements.\n\n\nNeither the TSX Venture Exchange nor its Regulat...