| Claude Dufresne Appointed President and Chief Executive Officer of MDN Inc. | |
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MONTREAL, QUEBEC--(Marketwired - May 12, 2014) - MDN Inc. ("MDN") (MDN.TO) is pleased to announce the appointment of Mr. Claude Dufresne as President and CEO effective today. Seasoned professional recognized worldwide for its expertise in the niobium market, Mr. Dufresne was responsible for the sales and marketing of ferro- niobium produced by the Niobec mine from 2001 to 2012. He also developed a knowledge and expertise in the field of ferro- alloys, industrial minerals and certain base metals. As president of Camet Metallurgy Inc, Mr. Dufresne participated in various economic assessment studies in the field of ?Çï?Çïrare earths, niobium, manganese and bauxite, and acted as a supplier of various raw materials to the steel sector. Before foundering Camet Metallurgy Inc. in 2008, Mr. Dufresne served as Director of Marketing at Iamgold Inc. and also worked with the corporate development department of the company. He has 10 years' experience as a metallurgist and mill superintendent for Cambior Inc in Quebec and in Guyana, S.A. Mr. Dufresne graduated from Laval University in 1991 with a degree in mining engineering with a speciality in minerals processing. Mr. Dufresne is a member of the Ordre des Ingénieurs du Québec. Mr. Dufresne will concentrate its efforts toward the development of the Crevier project (niobium and tantalum), while ensuring the creation of value for the Company assets in Tanzania. Messrs. Marc Boisvert and Serge Bureau will remain at the service of company and will, respectively, focus on finding partners for the assets in Tanzania and on the development of the Crevier project. Commenting on the addition of Mr. Dufresne in the MDN team, Chairman, Serge Savard, said: "We are privileged to have the benefit of Claude's leadership skills. He is also known for its extensive knowledge of metals market and his vision. " He added:" We believe that Claude, with its dynamism and experience in the mining sector, will bring a renewal to the company and will lead Crevier as the next niobium producer". About MDN (MDN.TO) |
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MDN Inc
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PRODUCER |
CODE : MDN.TO |
ISIN : CA55276L1040 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
MDN. is a gold and copper producing company based in Canada. MDN. holds various exploration projects in Canada. Its main asset in production is TULAKAWA MINE in Tanzania and its main exploration properties are LAC SHORTT, DES MÉLOIZES, CLAIRY, LE TAC, LESPERANCE, MATAGAMI, MCGOLD and CREVIER in Canada and IKUNGU in Tanzania. MDN. is listed in Canada. Its market capitalisation is CA$ 5.2 millions as of today (US$ 4.0 millions, € 3.5 millions). Its stock quote reached its highest recent level on October 11, 1996 at CA$ 2.15, and its lowest recent point on December 24, 2015 at CA$ 0.01. MDN. has 114 660 000 shares outstanding. |