Business
Windstorm Appoints Roman Friedrich as Director
Mar. 3, 2011 (TheNewswire.ca) -- Windstorm Resources Inc. (TSX-V: WSR, "Windstorm" or "the C...
About this update from Western Star Resources, Inc.
[{"type":"text","content":"\nWindstorm Appoints Roman Friedrich as Director\n\n Mar. 3, 2011 (TheNewswire.ca) -- Windstorm Resources Inc. (TSX-V: WSR, \"Windstorm\" or \"the Company\") is pleased to announce the appointment of Mr. Roman Friedrich III as director and Audit, Governance and Compensation Committees Chair.Mr. Friedrich has been an investment banker and commercial banker for over thirty years, specializing in service to the mining and metals industries, with particular emphasis on Mexico and South America. He is Senior Managing Director and head of Metals and Mining Investment Banking at McNicoll Lewis & Vlak (\"MLV\"), a New York based investment bank. Immediately prior to joining MLV in September 2010, Mr. Friedrich managed Roman Friedrich & Company (\"RFC\"), a boutique investment banking firm specializing in M&A advisory to the mining industry. Before founding RFC, he was the Managing Director at TD Securities responsible for its global mining M&A business. Over his career, he has provided numerous companies with advice on acquisitions, mergers and divestitures, as well as providing valuations and fairness opinions to companies in the mining, metals and other industries. His investment banking activities have included the raising of equity and debt capital and the arranging of project finance. Mr. Friedrich serves as a Director of the Board of Trustees of several NYSE listed closed end mutual funds including Claymore Dividend and Income Fund and Claymore/Guggenheim Strategic Opportunity Fund, in addition to serving as a member of the Independent Review Committees and independent Director of the family of Canadian closed end mutual funds and ETFs managed by Claymore Investments Inc. listed on the TSX. Mr. Friedrich holds a B.A. from Rutgers University and attended business school at New York University.\"We are delighted that Roman has agreed to join our Board of Directors. Roman's wealth of experience will serve Windstorm well as we continue to advance and strengthen the Company\" said Dr. Gerald Carlson, President and C.E.O.The Company has granted Mr. Friedrich incentive stock options to purchase up to 165,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.42 per share. These options are subject to a four-month hold period.Mr. Friedrich replaces outgoing director Mr. Sean Hurd. T...