| SAS Announces Appointments of New Chairman of the Board and New Director | |
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TORONTO , Feb. 19, 2015 /CNW/ - St Andrew Goldfields Ltd. (TSX-SAS) (OTCQX-STADF), ("SAS" or the "Company") today announced that effective immediately, Herbert Abramson will become Chairman of the Board. Mr. Abramson has been a director of the Company since 1995 and held the position of Chairman of the Board from 1995 to 2009. In light of Mr. Abramson's relationship with other shareholders of SAS, Mr. John Hick , who has been a director of the Company since 2012, was appointed Lead Director.
SAS also announces that Don Njegovan has been appointed to the Board of Directors. Mr. Njegovan, a mining engineer, is a former Managing Director, Global Investment Banking-Mining of Scotia Capital.
About SASSAS (operating as "SAS Goldmines"), is a gold mining and exploration company with an extensive land package in the Timmins mining district, north-eastern Ontario , which lies within the Abitibi greenstone belt, the most important host of historical gold production in Canada .
SAS owns and operates the Holt and Holloway mines. The Company is also advancing the Taylor Project and is conducting an aggressive exploration program across 120km of land straddling the Porcupine-Destor Fault Zone.
SOURCE St Andrew Goldfields Ltd.
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St Andrew Goldfields Ltd
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PRODUCER |
CODE : SAS.TO |
ISIN : CA7871885074 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
St Andrew Goldfields is a gold development stage company based in Canada. St Andrew Goldfields holds various exploration projects in Canada. Its main assets in production are CLAVOS and HOLLOWAY in Canada, its main assets in development are HISLOP and HOLT MINE & MILL in Canada and its main exploration properties are TAYLOR, AQUARIUS, TIMMINS GUIBORD and GARRISON CREEK in Canada. St Andrew Goldfields is listed in Canada. Its market capitalisation is CA$ 165.7 millions as of today (€ 153.1 millions). Its stock quote reached its highest recent level on February 25, 2000 at CA$ 9.60, and its lowest recent point on October 24, 2008 at CA$ 0.07. St Andrew Goldfields has 368 269 984 shares outstanding. |