Goldbrook Appoints New Director
Vancouver, British Columbia � Goldbrook Ventures Inc.,
(�Goldbrook� or the �Company�) is pleased to announce the appointment of Mr.
William R. (Bill) LeClair, FCA, as a Director of the Company effective
Mr. LeClair was most recently the President and CEO of Crew Gold Corporation,
which was a UK-based mining company. During his six years with Crew Gold,
Bill sold operating mines, negotiated the restructuring of more than $350 million
in debt, raised money through public markets in Europe and acquired new
properties. The company employed up to 3,000 staff in operating mines and
exploration projects in multiple jurisdictions, and was focused on gold mining
in West Africa prior to when it was taken over in January 2011.
Prior to joining Crew Gold, Bill was the CFO of Hot House Growers Income Fund.
In this capacity, he worked with the chief executive officer to complete an IPO
on the TSX and eventually sell the Fund to its biggest competitor.
"I have been fortunate to be involved with the financial aspects of
business as well as operations," he says. "I've truly enjoyed the
wide diversity of industries and positions I have worked in and held, and the
people I've worked with. The
training and exposure I received when studying and working in public practice
certainly set me up well for the wide variety of experiences and opportunities
Bill's CA career began in 1976 with Coopers & Lybrand in Vancouver, acting
as Audit Manager from 1980 to 1984, then Principal, Business Investigations
Group from 1988 to 1991, with a brief side journey to Strataco Management. He
subsequently served for 13 years as a director of Colyvan Property Services, a
private, Vancouver-based real estate company, and for 12 years as VP of
operations for Burrard International Holdings (GolfBC Division). He was
also a founding shareholder and director of Okanagan Pie Company.
Bill's volunteerism is equally diverse. With a major corporate interest in
Guinea, he has directed a variety of community programs to improve quality of
life; these include building medical clinics with operating theatres,
developing women's farming, and expanding and rebuilding primary schools for
more than 500 students. Community work has also been conducted in the
Philippines, primarily in the construction and staffing of primary schools
within Crew Gold Corporation's mining concession. Bill's past service locally
includes serving as a councillor for the City of Coquitlam for 20 years, a
board member of the Coquitlam Public Library, and treasurer of the Coquitlam
Foundation. In addition, he has been supporting and raising funds for the
Coquitlam Foundation and the Juvenile Diabetes Research Foundation since 1983
and 2002, respectively.
Mr. Baker, Chairman, Goldbrook Ventures, states that �Goldbrook has achieved
significant milestones over the past few years in assembling and
exploring a large strategic land position in the Raglan nickel belt, and
successfully executed a takeover of Canadian Royalties Inc. with our partner
Jilin Jien Nickel Industry Co., Ltd. Now is an appropriate time to
enlarge the Board of Directors team to ensure the Company can continue to
exploit its opportunities in a timely and efficient manner. The addition of Bill
LeClair, with his particular experience and capabilities in the resource
sector, is important for our forward progress, and adds valuable expertise to
our existing Board and Management team�.
Mr. William R. LeClair�s appointment has been approved by the Board of
Directors but is subject to customary regulatory approval.
Pursuant to the Company�s stock option plan, the Board has granted 1.5 million
incentive stock options to Mr. LeClair exercisable at $0.26 for a period of
five years, subject to regulatory approval.
ON BEHALF OF THE BOARD:
(signed) �David Baker,�
Chairman and Director