Business
Change in the Board of Directors
(via TheNewswire) Vancouver, BC / TheNewswire / February 26, 2018 - CMC Metals Ltd. - ...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"Change in the Board of Directors(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / February 26, 2018 - CMC Metals Ltd. - (\"the Company\") (TSX-V: CMB) - is pleased to announce that it has restructured its Board of Directors.\n\n \n \nCarl von Einsiedel has agreed to step down as a Director of the Company and Graham Chisholm has agreed to join the Company's Board in his place. The Company wishes to thank Mr. von Einsiedel for his contributions to the Company since 2015 and wish him every success in his future endeavours.\n\n \n \nMr. Chisholm, A.C.I.S., is a seasoned mining and business executive with experience in public company governance, overseeing exploration and start-ups. He was the Founder, President and CEO of Nubian Resources Ltd (TSX.V.NBR) (previously ICS Copper Systems Ltd) raising $9,000,000 to undertake a 14000 meter core drilling program and that company went on to build a crushing circuit/leach circuit and installation of a 270 cell EMEW plant in Zambia. As a private businessman, he founded a $7,000,000 per year copper tube importing and exporting company importing Kembla Copper Tube and fittings from Australia becoming one of the largest importers of copper tube to Canada for the period 1997-2006.\n\n \n \nThe Company further wishes to announce that Ian Graham, the former President and CEO of the Company, has agreed to continue to act as an advisor to the Company. Mr. Graham's knowledge of the Company's properties and work performed during his tenure will greatly assist with the Company's goals.\n\n \n \nMichael Scholz, CFO of the Company stated, \"We are thrilled to have been able to secure the services of Graham Chisholm who is familiar with our Silver Hart and Radcliff properties, as well as welcome back Ian Graham as an advisor. The addition of these gentlemen will be instrumental in the Company's plan to start up the Bishop Mill with ore mined from the Radcliff mine and continue the Company's efforts with the Silver Hart and Radcliff properties.\" \n\n \n \nThe Company further wishes to announce that it has cancelled 2,000,000 incentive stock options granted to consultants of the Company on October 11, 2017 at $0.09 per share, due to the termination of services. In addition, the Company has cancelled 714,000 incentive stock options granted to directors which options were exercisable at $0.12 per share ...