Canadian Golden Dragon appoints director,
new officers
Canadian Golden Dragon Resources Ltd
CGG
Shares issued 11,466,593
2000-02-07 close $0.16
Monday Feb 7 2000
Mr. Elliot Strashin reports
The company has appointed Stephen Simms to its board of directors, Elliot
Strashin as president and chief executive officer, and Kenneth Crosby as secretary
and chief financial officer.
The officers and directors of the company are now comprised of the following:
Mr. Strashin, president and CEO and director; Mr. Crosby, secretary, CFO and
director; John Davies, director; Duane Parhman, director; Anthony Crossley,
director; Wayne O'Connor, director; and Mr. Simms, director.
The company has negotiated, subject to the approval of the Canadian Venture
Exchange, a private placement totalling $50,000. Proceeds will be raised by the
company issuing a total of 333,333 shares at 15 cents per share. Each share will
have attached thereto, one share purchase warrant to purchase an additional share
at 15 cents within the first year and at 18 cents per share within the second.
Proceeds raised by way of this private placement will be used for exploration and
development of the company's Ontario mineral properties and for general working
capital purposes. |
