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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Fishbaine who wrote (11510)	9/28/1999 1:48:00 PM
From: SnakeInATuxedo	Respond to of 14226

>> Whether the company proves successful or not has no longer anything to do with him. << It does as long as he remains Chairman and President as he signed this PR of 11-5-1998 November 5, 1998 Salt Lake City, November 5, 1998 /PRNEWSWIRE/--Global Platinum + Gold, Inc. (OTC Bulletin Board: GPGI) MDM Insurance Services Inc to manage production at Hassayampa facility The Board of Directors is very pleased to announce that an Agreement has been entered into with MDM Insurance Services Inc. (MDM) of Canada, where MDM shall assume management responsibility for getting Global's Hassayampa Mining facility into commercial production. MDM's president, Mr. Mike McKay, has extensive background experience in chemical metallurgy. His experience in projects ranges from the treatment of slags/dross, the addition of titanium/boron compounds to aluminum, wetting agents to remove non-metallic inclusions from molten metals, sulfur removal in steel and iron and molding parting agents for anode casting machines. Mr. McKay visited virtually every molten metal plant in Canada with additional trips to the USA, New Zealand, Australia, Mexico, Dominican Republic, Europe and the United Kingdom. In addition to Mr. McKay's personal experience, Mr. McKay has many contacts in the metals and mining industry. Mr. McKay is co-founder and president of MDM Insurance Services Inc, a Canadian corporation that successfully engages in the processing and adjudication of health, dental, and disability insurance claims. Mr. McKay first became involved with Global Platinum + Gold, Inc. in late summer of 1997, and has a significant monetary investment in the future of Global. Since that time he has visited the Hassayampa facility on several occasions and has been instrumental in incorporating a number of material and significant changes in Global's method of operations. In recent months Mr. McKay has taken a hands on approach to precious metals processing at Hassayampa. In tandem with Mr. Palmer, Mr. Twiford, and other employees, he has instituted improvements in plant design and quality control safeguards, among other contributions. The Board of Directors feel that Mr. McKay, with his financial commitment, his proven management skills, combined with his knowledge of chemistry and metals processing makes for a much need addition to the Global Platinum + Gold team. In addition, the Board of Directors is pleased to announce that a Consulting Agreement has been entered into with Mr. Michael Leece, who will work under the direction of Mr. McKay. Mr. Leece has extensive experience in the production methods used by GPGI. Mr. Leece's education includes a Bachelor of Science in Material Science Engineering, a Bachelor of Science in Metallurgy from Michigan State University, an Associate Degree in Electronics and Computer Engineering from Mission College in Santa Clara, California and a Certificate Degree in Health, Safety and Hazardous Waste Management from the University of California, Santa Cruz. In the past Mr. Leece has been retained as a consultant for Northrop Grumman Corporation, U.S. Pipe and Foundry Company, Westinghouse Electric Corporation and Water Purification U.S.A. and he has worked for Westinghouse Electric Corporation, Lockheed Missiles and Space Corporation and Morton Thiokol Incorporated. Mr. Leece has agreed to provide his services to Global for an initial 10 week period, 3 days per week. Very truly yours, BOARD OF DIRECTORS GLOBAL PLATINUM + GOLD, INC. Richard E. Jensen Chairman and President Or are you contending he's now just a figurehead? Then who is functioning in the critical role of Chief Executive Officer of this Company at this crucial point in its corporate life, as it fights for its corporate existence?