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CDE City Developments Ltd

3.56
-0.02 (-0.56%)
20:27:12 - Realtime Data
Share Name Share Symbol Market Type
City Developments Ltd TG:CDE Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -0.56% 3.56 3.62 3.70 3.56 3.56 3.56 1,000 20:27:12

Two New Directors Elected to Coeur D'alene Mines Corporation at 2005 Annual Meeting

11/05/2005 12:24am

PR Newswire (US)


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Two New Directors Elected to Coeur D'alene Mines Corporation at 2005 Annual Meeting COEUR D'ALENE, Idaho, May 10 /PRNewswire-FirstCall/ -- Coeur d'Alene Mines Corporation (NYSE: CDE; TSX: CDM) the world's largest primary silver producer, today announced the election of Andrew Lundquist and Alex Vitale as the newest members of its Board of Directors, at the Company's Annual Shareholders meeting held today in Coeur d'Alene. Mr. Lundquist is Managing Partner of Lundquist, Nethercutt & Griles LLC, a business and government relations consulting and project management firm he founded in 2002. He is also a Director of Pioneer Natural Resources Company, an oil and gas company, and AREVA, the American division of a French nuclear company. Mr. Vitale is Managing Director in the Technology Investment Banking Department of Deutsche Bank Securities Inc. Each of the nine members of Coeur's Board of Directors were elected to one year terms by more than 95% of the votes cast at the Annual Meeting and a quorum of 83% of shareholders voting. In addition to Mr. Lundquist and Mr. Vitale, re-elected directors to the board were Dennis E. Wheeler, James J. Curran, Cecil D. Andrus, John H. Robinson, Robert E. Mellor, Timothy R. Winterer and J. Kenneth Thompson. Voting on the proposal for the 2005 Non- employee Directors' Equity Incentive Plan was adjourned until June 3, 2005 due to lack of quorum established at the meeting for this proposal. Coeur d'Alene Mines Corporation is the world's largest primary silver producer, as well as a significant, low-cost producer of gold. Coeur has mining interests in Nevada, Idaho, Alaska, Argentina, Chile and Bolivia and Australia. Contact: Tony Ebersole Director of Investor Relations 800-523-1535 Cautionary Statement This document contains numerous forward-looking statements within the meaning of securities legislation in the United States and Canada relating to the Company's silver and gold mining business. Such statements are subject to numerous assumptions and uncertainties, many of which are outside the Company's control. Operating, exploration and financial data, and other statements in this document are based on information the Company believes reasonable, but involve significant uncertainties as to future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, currency exchange rates, and the completion and/or updating of mining feasibility studies, changes that could result from the Company's future acquisition of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors set out in the Company's filings from time to time with the SEC and the Ontario Securities Commission, including, without limitation, the Company's reports on Form 10-K and Form 10-Q. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise. DATASOURCE: Coeur d'Alene Mines Corporation CONTACT: Tony Ebersole, Director of Investor Relations of Coeur d'Alene Mines Corporation, 1-800-523-1535 Web site: http://www.coeur.com/

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