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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Polar Star Mining Corporation | TSXV:PSR | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES The shareholders of Polar Star Mining Corporation (TSX VENTURE:PSR) elected a new Board of Directors at its annual meeting held in Toronto on April 17th. David Petroff has been appointed Chairman, and joins Stuart Bottomley, Al Kroontje, Wes Roberts, David Seton, David Speck and Douglas Willock as directors. Douglas Willock has been appointed President and Chief Executive Officer of the company. In furtherance of the Board's commitment to transparency and good corporate governance, after the annual meeting their first action was to name the following committees. - Audit Committee - David Petroff (Chair), Stuart Bottomley and Wes Roberts - Corporate Governance, Nominating, and Health, Safety and Environment Committee - David Seton (Chair), David Petroff and Stuart Bottomley - Resource Committee - Wes Roberts (Chair), Al Kroontje and Doug Willock - Compensation Committee - Stuart Bottomley (Chair), David Petroff and David Seton The Audit, Corporate Governance and Nominating and HSE, and the Compensation Committees are entirely composed of independent directors. "It has been gratifying to receive strong shareholder support for our Board," said Doug Willock. "However our work is only beginning. We will move very quickly to advance two of the projects in our pipeline of properties in Chile." The current management team of the company will be maintained. Adam Rochacewich will continue as Chief Financial Officer, Terry Walker as Vice-President Exploration, and David Speck as Vice-President Corporate Development. Their first priority will be to complete the analysis of the recent NI 43-101 technical report of the Chepica project and initiate a redesigned drill program at Montezuma. About Polar Star Mining Corporation Polar Star Mining Corporation was created to acquire advanced stage exploration properties focusing on gold, copper-gold and uranium. The geographic focus of Polar Star is Chile, where the company has approximately 146,112 hectares covering 20 properties. Forward-Looking Statements The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. Accordingly, readers should not place undue reliance on forward-looking statements. For a more detailed discussion of such risks and other factors, refer to Polar Star Mining Corporation's filings with Canadian securities regulators available on www.sedar.com or the Company's website at www.polarstarmining.com. Share Capitalization: Shares outstanding: 59,431,241 as at April 9, 2009. The Toronto Stock Exchange Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this release and the information contained herein.
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