| Jean-Sebastien David and Claude Dufresne are Joining the Board of Directors of MDN Inc. | |
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MONTREAL, QUEBEC--(Marketwired - Jun 12, 2014) - MDN inc. ("MDN") (MDN.TO) is pleased to announce the appointment of Mr. Jean-Sébastien David and Mr. Claude Dufresne as directors of the company. Born in the Saguenay-Lac-St-Jean region, Mr. David held the position of Chief Operating Officer of Arianne Phosphate Inc., a company working on the development of the mining project Lac au Paul in the Saguenay region. Before joining Arianne Phosphate Inc., Mr. David was Vice President Sustainable Development of Osisko Mining Corporation (2007-2012) where he was instrumental in obtaining the authorizations for the construction and the development of the Canadian Malartic Project. His experience with Arianne Phosphate and Osisko includes project evaluation, consultation and negotiation with regulatory agencies and stakeholders, including First Nations groups as well as the development and implementation of sustainable development policies. He has held various positions in the mining, forestry and environmental operations. He has also worked for Iamgold, Cambior and Louisiana-Pacific. He began his career at Nutrinor in 1993. He earned a BA in Geology and a Masters in Project Management from the Université du Québec à Chicoutimi. Mr. Dufresne is currently President and CEO of MDN Inc. The company would also like to announce the resignation of Mr. Marc Boisvert as Vice-President of Exploration and as Director of MDN inc., and the resignation of Mr. Serge Bureau as Director of MDN inc. Both Messrs. Boisvert and Bureau remain active with the company, but as consultants. Commenting on the addition of Mr. David as Director of MDN inc. and the resignations of Messrs. Boisvert and Bureau, the Chairman, Serge Savard, said: "Firstly, we would like to acknowledge the contribution to the company of Messrs. Boisvert and Bureau, especially in the difficult environment of the recent years. They contributed to the development of MDN's exploration projects in Tanzania, including the discovery of Nikonga and Ikungu projects, and brought the development of the Crevier project past the preliminary economic phase. We are also please to announce the appointment of Mr. David to the board of MDN inc. His experience and involvement with the Saguenay community will bring a significant contribution to the development of the Crevier project." About MDN (MDN.TO) |
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MDN Inc
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PRODUCTEUR |
CODE : MDN.TO |
ISIN : CA55276L1040 |
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MDN. est une société de production minière d'or et de cuivre basée au Canada. MDN. détient divers projets d'exploration au Canada. Son principal projet en production est TULAKAWA MINE en Tanzanie et ses principaux projets en exploration sont LAC SHORTT, DES MÉLOIZES, CLAIRY, LE TAC, LESPERANCE, MATAGAMI, MCGOLD et CREVIER au Canada et IKUNGU en Tanzanie. MDN. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 5,2 millions CA$ (4,0 millions US$, 3,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 octobre 1996 à 2,15 CA$, et son plus bas niveau récent le 24 décembre 2015 à 0,01 CA$. MDN. possède 114 660 000 actions en circulation. |