FORMATION CAPITAL CORPORATION STRENGHTENS BOARD
Vancouver, BC, September 17, 1999, Formation Capital Corporation (FCO.TSE) announced today that Mr. Robert J. Quinn has joined the Board of Directors. Mr. Quinn is presently a partner with Baird Hanson Quinn LLP, a US law firm covering domestic and international mining transactions, development and operations, with a special emphasis on environmental permitting and compliance.
Upon completing a Bachelor of Science in Business Administration, Mr. Quinn focused his graduate work on mineral economics at the Colorado School of Mines before receiving his Juris Doctorate, in May of 1981 from the University of Denver College of Law.
Mr. Quinn comes to the Company with a distinguished career in the mining industry gained from his experience with various mining companies and legal firms. Mr. Quinn acted as corporate counsel to Hecla Mining Company before moving on to become Vice President, General Counsel and Secretary for Battle Mountain Gold Company. With nine mines operating in five countries and exploring worldwide, his focus at Battle Mountain included due diligence, negotiating, structuring and documenting major domestic and international acquisitions and joint ventures and the related financing, permitting and development of major new projects.
Elected at the Company's annual general meeting, Mr. Quinn replaced Dr. Lloyd A. Clark as a board member when Dr. Clark, after careful consideration, decided not to stand for re-election. We sincerely thank Dr. Clark for his valuable contributions over the last six years and wish him well in his future endeavors. Dr. Clark will continue to consult for the Company in a reduced capacity, allowing him the opportunity to pursue other ventures of both business and personal natures.
"We are extremely pleased to welcome Mr. Quinn to our Board of Directors and we look forward to his valuable contributions as we approach the feasibility stage of our Sunshine cobalt/copper/gold project in Idaho", stated Mari-Ann Green, the Company's Chairman.
The Company trades on the Toronto stock exchange under the symbol FCO.
On Behalf of the Board
"Mari-Ann Green"
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Mari-Ann Green
Chairman
For further information please contact:
Formation Capital Corporation
720 - 789 West Pender Street, Vancouver, BC, V6C 1H2
Investor Relations: 1-877-642-6200
Email: formcap@istar.ca - Or visit our Web site at: formcap.com |
