Crystallex (AMEX:KRY)
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From Oct 2019 to Oct 2024
Johan Van't Hof Joins the Board of Crystallex; Becomes Chairman of the Audit
Committee
TORONTO, March 19 /PRNewswire-FirstCall/ -- Crystallex International
Corporation (Amex: KRY; TSX) announced today that Johan Van't Hof, President of
Tonbridge Corporation, a Toronto based infrastructure fund manager has joined
the Board of Directors of the Company. Mr. Van't Hof is the former COO and
remains a director of Carter Group, Inc., a North American electronics auto
parts manufacturer. Mr. Van't Hof, a chartered accountant, has been appointed
Chairman of Crystallex's Audit Committee. David Matheson stepped down as
Chairman and a member of the Audit Committee since he is no longer an
independent director as his law firm now acts as legal counsel to Crystallex.
"Mr. Van't Hof will be a valued addition to our Board of Directors," said Todd
Bruce, Crystallex's President and Chief Executive Officer. "His strong
accounting background and impressive experience in financial analysis, project
finance, and in structuring infrastructure transactions, especially in South
America, will benefit us greatly as we embark on larger mining projects such as
our development of the Las Cristinas properties in Venezuela."
Before joining the Carter Group, Inc., Mr. Van't Hof held several senior
Accounting and Financial positions including Partner and Managing Director,
PricewaterhouseCoopers Securities Inc., Project Finance & Privatization, from
1991 to 2001, and Corporate Finance Partner and Partner in Charge of the
National Office, Grant Thornton and its predecessor firms, from 1983 to 1991.
Mr. Van't Hof was seconded to the Corporate Finance Department, Ontario
Securities Commission, in 1982 and 1983.
Mr. Van't Hof is a graduate of the Amsterdam Institute of Finance, Project
Finance Program, is a Chartered Accountant (Ontario), and holds a Bachelor of
Commerce degree and an MBA (Finance) from the University of Toronto. Mr. Van't
Hof is a lecturer in Accounting and Finance at the University of Toronto, a
lecturer with the Ontario Institute of Chartered Accountants, and a past
lecturer in Auditing at the University of Waterloo. He has been a frequent
presenter at conferences of the Canadian Council for Public Private
Partnerships.
About Crystallex
Crystallex International Corporation is a Canadian based gold producer with
significant operations and exploration properties in Venezuela. The Company's
principal asset is the Las Cristinas property in Bolivar State which is
currently under development. Other key assets include the Tomi Mine, the La
Victoria Mine and the Revemin Mill. Crystallex shares trade on the TSX and AMEX
Exchanges.
For Further Information:
Investor Relations Contact: A. Richard Marshall, VP at (800) 738-1577
Visit us on the Internet: http://www.crystallex.com/
Email us at:
NOTE: This may include certain "forward-looking statements" within the meaning
of the United States Securities Exchange Act of 1934, as amended. All
statements, other than statements of historicalfact, included in this
presentation, including, without limitation, statements regarding potential
mineralization and reserves, exploration results, and future plans and
objectives of Crystallex, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's expectations
are disclosed under the heading "Risk Factors" and elsewhere in documents,
including but not limited to its annual information form ("AIF") and its annual
report on Form 20-F, filed from time to time withthe Canadian provincial
securities regulators, the United States Securities and Exchange Commission
("SEC"), and other regulatory authorities.
The Toronto Stock Exchange has not reviewed this release and does not accept
responsibility for the adequacyor accuracy of this news release.
DATASOURCE: Crystallex International Corporation
CONTACT: Investor Relations, A. Richard Marshall, VP of Crystallex
International Corporation, +1-800-738-1577
Web site: http://www.crystallex.com/
Company News On-Call: http://www.prnewswire.com/comp/114620.html