La Mancha Resources

Published : April 09th, 2012

ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
   

LA MANCHA RESOURCES ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

 Please find attached the most recent La Mancha Resources press release.

 .................

 Veuillez trouver ci-joint le plus r�cent communiqu� de presse de La Mancha Resources.

LA MANCHA RESOURCES ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

LA MANCHA RESOURCES ANNONCE DES CHANGEMENTS AU SEIN DE SON CONSEIL D'ADMINISTRATION

 

NEWS RELEASE

 

Montr�al, Qu�bec, April 8, 2012

 

LA MANCHA RESOURCES ANNOUNCES CHANGES

TO ITS BOARD OF DIRECTORS

 

La Mancha Resources Inc. (TSX: LMA, hereinafter "La Mancha" or the "Company") is pleased to announce the appointment of three new Independent Directors to its Board of Directors, effective immediately. Concurrently, the Company announces the resignations of William Hess and Johanne Duchesne as directors of the Company. The Board of Directors of La Mancha wishes to thank Mr. Hess and Ms. Duchesne for their significant contribution to the Company over the last five years.

The Company is delighted to welcome the new Independent Directors, each of whom has solid experience in business and highly esteemed reputations.

Fran�ois Lemarchand has developed an expertise as a financial advisor. He has been an independent consultant in financial strategy and capital markets since 2009. Over 15 years he developed extensive experience in Corporate Finance and Capital Markets by assuming various positions with National Bank of Canada, The Bank of Nova Scotia and L�vesque Beaubien Geoffrion. Between 1996 and 2009, he worked at Bombardier Inc. where he served as Senior Vice-President and Treasurer from 2006 to 2009. Mr. Lemarchand holds a masters degree in economics from the University of Montreal and is a Chartered Director from the Directors College. He is active on the board of various not-for-profit organizations.


Jean Pierre Ouellet has a dual expertise in law and finance. He has been an advisor to Capital Saint-Laurent, a venture capital fund, since 2008. During the course of his career, he has held such positions as Senior Partner at the Montr�al law firm of Stikeman Elliott and Senior Vice-President, Chief Legal Officer and Corporate Secretary of Canadian National Railway. More recently, he served as Vice-Chairman of RBC Capital Markets with responsibility for Qu�bec. Mr. Ouellet has a master's degree in law from the University of Oxford and a licentiate in laws from the Universit� de Montr�al. As a corporate director, Mr. Ouellet has sat on the boards of a number of Canadian publicly traded companies, including Bionair, Hartco Enterprises, C-Mac and Cr�dit commercial de France (Canada).. He has also been a director of several non-profit organizations, including the Montr�al Economic Institute, the Macdonald-Stewart Foundation, the RCGA Foundation, the Fondation du maire de Montr�al and Club Mont-Royal. He is also a member of the board of Caisse de d�p�t et placement du Qu�bec, where he sits on the Human Resources Committee, and a member of the board of Noranda Income Fund, and Chair of its Governance, Ethics and Human Resources Committee. Mr. Ouellet is also a member of the Qu�bec advisory councils of Talisman Energy and of Birch Hill Equity Partners.

Fran�ois R. Roy has extensive experience as a corporate director and executive in the private and public sectors, at non-profit organizations and in academia. He began his career at The Bank of Nova Scotia, where he held several positions in Canada and the United States, and then worked for Soci�t� g�n�rale de financement du Qu�bec. Mr. Roy subsequently held the position of Chief Financial Officer at Quebecor, Avenor and Telemedia Corporation. He has been a corporate director since 1998 and sits on the boards of Transcontinental, Fibrek, Noranda Income Fund, Capstone Infrastructure Corporation and Caisse de d�p�t et placement du Qu�bec. He was also McGill University's Chief Financial Officer from 2007 to 2010. Mr. Roy holds a Bachelor of Arts and a Master of Business Administration from the University of Toronto. Over the past 25 years, he has been and continues to be active with many not-for-profit organizations, including the Montr�al Museum of Fine Arts, the Canadian Centre for Architecture, Vie des Arts magazine, the Op�ra de Montr�al and Coll�ge Jean-Eudes.

The Board of Directors has unanimously appointed Dominique Delorme as Chairman of the Board of the Company and is delighted to announce the appointment of Fran�ois R. Roy as lead director.

"Collectively, these nominations bring invaluable transaction, finance and legal depth, not to mention independence, to the Board of Directors and we know that they will greatly contribute to strengthening the Company's position" said Dominique Delorme.

All three new directors are considered to be independent within the meaning of applicable securities laws. They were appointed as members of the Audit Committee (of which Mr. Lemarchand is Chair) and the Corporate Governance and Human Resources Committee (of which Mr. Ouellet is Chair) as well as members of the Special Committee (of which Mr. Roy is Chair) that is currently conducting an auction process for the Company. Mr. Ouellet was also appointed as member of the Reserves and Resources Committee.

Furthermore, the Company's majority shareholder, Compagnie Fran�aise de Mines et M�taux, a wholly-owned subsidiary of AREVA Mines, has reaffirmed its request to the Company, as announced on March 14, 2012, to conduct an auction process through which the Special Committee, with the assistance of its financial and legal advisors, will analyze acquisition proposals in order to maximize value for all shareholders. 

ABOUT LA MANCHA RESOURCES INC.:
La Mancha Resources Inc. is an international gold producer based in Canada with operations, development projects and exploration activities in Sudan, C�te d'Ivoire and Australia. La Mancha's shares trade on the Toronto (TSX) under the symbol "LMA". For more information on the Company, visit its website at http://www.lamancha.ca/.

For additional information, please contact:
La Mancha Resources Inc.

Martin Amyot

Nicole Blanchard

Vice President Corporate Development

Investor Relations

Tel: (514) 987-5115 ext 25

(514) 961-0229

Email: info@lamancha.ca

 

 



LA MANCHA RESOURCES ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS




Unsubscribe - If you no longer wish to receive this newsletter click to unsubscribe

..................

D�sinscription - Si vous souhaitez ne plus recevoir cette lettre d'information cliquez


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. Source: La Mancha Resources, Canada
If you would like to unsubscribe and stop receiving these e-mails click .

.
Data and Statistics for these countries : Australia | Canada | France | Sudan | All
Gold and Silver Prices for these countries : Australia | Canada | France | Sudan | All

La Mancha Resources

PRODUCER
CODE : LMA.TO
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

La Mancha Res. is a gold producing company based in Canada.

La Mancha Res. holds various exploration projects in Argentina and in Australia.

Its main assets in production are WHITE FOIL, ITY, HASSAÏ and FROG'S LAKE in Australia, its main asset in development is FETEKRO in Australia and its main exploration properties are LA ORTIGUITA, BONDOUKOU, HUALILAN and ARIAB in Argentina and HASSAI VMS and PARK DAM in Australia.

La Mancha Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 499.5 millions as of today (US$ 500.2 millions, € 391.6 millions).

Its stock quote reached its lowest recent point on October 31, 2008 at CA$ 0.04, and its highest recent level on March 09, 2012 at CA$ 4.03.

La Mancha Res. has 142 716 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of La Mancha Resources
Annual Report
Nominations of La Mancha Resources
4/2/2012ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
5/4/2011Appoints New COO and CFO
2/26/2007New Appointments to the Board of La Mancha
Financials of La Mancha Resources
3/28/2012POSTS RECORD NET EARNINGS OF $36.1 M AND RECORD OPERATING C...
8/8/2011POSTS RECORD NET EARNINGS FOR THE SECOND QUARTER
5/18/2011NET EARNINGS DOUBLE ON RECORD CASH FLOW FROM OPERATING ACTIV...
Project news of La Mancha Resources
2/11/2013Group implements its growth strategy in Australia: Gold prod...
11/13/2012ANNOUNCES COMPLETION OF COMPULSORY ACQUISITION BY WEATHER I...
3/27/2012MEASURED AND INDICATED RESOURCES MORE THAN DOUBLE TO 4.8 MI...
1/19/2012MEETS ITS 2011 GOLD PRODUCTION FORECAST
5/16/2011(Ity)POSITIVE FEASIBILITY STUDY FOR THE HASSA=C3=8F MINE: LA MANC...
5/9/2011(Ity)ITY MINE RESUMES OPERATION
3/29/2011(Frog's Lake)A Record Year for La Mancha in 2010 as Production Increases ...
2/24/2011(Ity)ITY Mine Update
8/23/2010(Fetekro)Intersects Grades of Up to 135 g/t Au at Its Fetekro Propert...
8/3/2010First Stages of Frog's Leg Drilling Extension Program Return...
7/29/2009(Hassaï)New Longhole Drilling Doubles the Length of La Mancha's Hass...
7/20/2009(Frog's Lake)Frog's Leg Mine to Boost its Average Annual Gold Production ...
5/26/2009(Hassaï)Confirms the Presence of a Second Enriched Zone at the Hassa...
2/17/2009(Frog's Lake)Plans to Increase Production to up to 100,000 oz of Gold in ...
1/22/2009(Frog's Lake)2008 Year End Production Increases 33% to 71,550 Ounces
1/7/2009(Hassaï)Hassai Mine Tailings Begin Adding to La Mancha's Gold Resour...
1/5/2009(Ity)Resource at La Mancha's Ity Mine Jumps 50% on Excellent Dril...
12/10/2008(Hassaï)Recent VMS Drilling Suggests the Presence of a Supergene Zon...
7/30/2008(Hassaï)Preliminary Drill Results at La Mancha's Hassai Mine Suggest...
8/8/2008(Frog's Lake)Posts its Highest Quarterly Gold Production to Date
5/13/2008(Frog's Lake)Obtains a First Gold Pour From New Australian Frog's Leg Min...
4/23/2008(Frog's Lake)Reports Wide High-Grade Intercepts 150 Meters Below Current ...
7/5/2007(Frog's Lake)Frog?s Leg?s Resource Nearly Doubles
Corporate news of La Mancha Resources
11/13/2012Offer Update
8/28/2012ACKNOWLEDGES WEATHER II TAKEOVER OFFER SUCCESSFUL AND DECLAR...
8/3/2012SECOND QUARTER GOLD PRODUCTION JUMPS 21% FROM THE PREVIOUS Q...
7/31/2012Offer Update - La Mancha TSX:LMA
7/20/2012Offer Document Posted - La Mancha TSX:LMA
7/13/2012REACHES DEFINITIVE AGREEMENT TO BE ACQUIRED BY WEATHER II AT...
6/21/2012DISCOVERS A SIGNIFICANT VMS LENS BELOW THE ODERU
6/15/2012(White Foil)WHITE FOIL PROPERTY SHOWS UNDERGROUND POTENTIAL WITH MINERA...
6/11/2012(Ity)New Drill Results at La Mancha's Ity Mine Indicate That Mine...
5/15/2012REPORTS Q1 NET EARNINGS OF $7.9 MILLION
4/9/2012ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
3/22/2012Proven and Probable Reserves Grow by 36% at La Mancha's Frog...
3/14/2012ANNOUNCES AUCTION PROCESS
2/22/2012VMS Resource Increases to 81MT Indicated and 37MT Inferred
1/31/2012Discovers a Mineralized Structure Extending Over 800M at Sis...
9/12/2011HASSA=C3=8F VMS DRILLING UPDATE: INTERSECTS 3.30M @ 94 g/t G...
7/11/2011HIGHLIGHTS IMPORTANT STEP FORWARD FOR SUDAN
6/27/2011Hassai Mine's Third Quarter Production Impacted
6/17/2011(Ity)Clarification on CIL Feasibility Study
5/3/2011NOMME UN NOUVEAU CHEF DES OPERATIONS ET UN NOUVEAU CHEF DES ...
1/14/2011RECORD GOLD PRODUCTION IN 2010
7/22/2010Confirms the Discovery of a New Gold Mineralised Zone at its...
5/12/2010Continues to Generate Profits Into 2010
11/11/2009Reports Another Strong Quarter
8/7/2009Posts Record Quarterly Net Earnings As Gold Production Rises...
2/4/2009Takes Advantage of Strong Gold Prices
2/5/2008 to Spend $10.6 Million on Exploration in 2008
5/28/2007Completes the Renewal of the Ity Mine's Mining Permit
5/16/2007Frog's Leg Results Exceed Expectations
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (LMA.TO)Other OTC (LACHF)
3.50+0.00%3.48+0.00%
TORONTO
CA$ 3.50
11/08 12:07 -
0%
Prev close Open
3.50 3.50
Low High
3.50 3.50
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  3.50 -%
Volume 1 month var.
1,500 -%
24hGold TrendPower© : 18
Produces Gold
Develops
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 11/20/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.28+1.75%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 9.33+0.43%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.60+3.28%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05-9.09%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
 2.23-0.89%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 14.42+3.30%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
 0.32+1.59%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
 0.21+5.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 2.11+5.50%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 42.42+1.51%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Sun Res.(Oil)SUR.AX
Released ASX Announcement: Quarterly Activities Report
AU$ 0.00+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.