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Gold/Mining/Energy : Trillion ResourcesTLQ -- Ignore unavailable to you. Want to Upgrade?

To: EZbeliever who wrote (61)	3/31/1999 12:03:00 AM
From: wayne cath	Read Replies (1) \| Respond to of 67

Cons. Trillion ex-manager files termination suit Consolidated Trillion Resources Ltd TLQ Shares issued 4,811,510 Mar 30 close $0.80 Tue 30 Mar 99 Street Wire by Brent Mudry Consolidated Trillion Resources faces a wrongful dismissal suit from its former exploration manager for Zimbabwe, terminated a year after moving to the African country with his family on a three-year contract. In a statement of claim filed Monday in the Supreme Court of British Columbia, Patrick Donovan seeks $150,000 (U.S.) in contract salary and assorted relocation-related expenses. The named defendants are Consolidated Trillion and Trillion Zimbabwe, its subsidiary, which oversees the company's exploration interests in Zimbabwe, Mozambique, Botswana, Mali, South Africa and the Ivory Coast. Mr. Donovan notes he was hired on Oct. 5, 1996, as a consultant for African operations for Trillion, and he was promoted to the position of exploration manager for Zimbabwe on Jan. 1, 1997. The geologist claims the three-year employment contract required him to move with his wife and children from Quebec and relocate in Harare. Lawyer Geoffrey Howard of Gowling Strathy & Henderson notes Mr. Donovan sold his house in Quebec and most of his other personal assets. The contract called for Mr. Donovan to be paid a $65,000 salary in the first year, increased to $75,000 (U.S.) in the second year. The salary was to be deposited, tax free into the geologist's offshore bank account in the Channel Islands, as he would be a non-resident of Canada for Canadian tax purposes. Trillion also allegedly committed to pay Mr. Donovan an additional $17,500 (U.S.) salary in Zimbabwe and provide him with free housing, a gardener, a maid, a security guard, a company vehicle and a $10,000 (U.S.) annual education allowance for each of his children. Mr. Donovan claims Trillion also promised to pay his relocation costs when he returned to Canada. The suit claims Mr. Donovan was suddenly terminated on Dec. 5, 1997, without notice or cause. Mr. Donovan also claims that Trillion "maliciously" told immigration authorities in Zimbabwe on Feb. 12, 1998, that he and his family were improperly and illegally residing in the country. The suit claims the geologist and his family were ordered deported five days later, and he was forced to hire an immigration consultant so his children could finish their school year. Mr. Howard seeks assorted general, special and punitive damages. Statements of defence have not yet been filed. "We had to wind down that department due to market conditions," vice-president Michael Halvorson told Stockwatch. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com