To: .Trev who wrote (998 ) 2/25/1999 5:28:00 AM From: Wafa SHIHABI Read Replies (1) | Respond to of 2006
Aber Resources Ltd - Aber appoints Donald S. Macdonald to board Aber Resources Ltd ABZ Shares issued 45,777,883 1999-02-23 close $10.85 Wednesday Feb 24 1999 Mr. Kenneth Hanna reports The company has appointed the Honourable Donald S. Macdonald, P.C., C.C., to the board of directors. Mr. Macdonald was a member of Parliament between 1962 and 1978 and a member of the cabinet of Prime Minister Pierre E. Trudeau from 1968 to 1977. Mr. Macdonald held, in succession, the portfolios of president of the Privy Council, Minister of National Defence, Minister of Energy, Mines & Resources and Minister of Finance. From 1978 to 1988, Mr. Macdonald was a partner in the law firm McCarthy & McCarthy, in Toronto. During that period he served as chairman of the Royal Commission on the economic union and development prospects for Canada, also known as the Macdonald Commission. Between 1988 and 1991 he was High Commissioner for Canada to Britain. In 1995/96 he served as chairman of the advisory committee on competition in Ontario's electricity system. Mr. Macdonald is chairman of Siemens Canada, chairman of Celanese Canada Inc., and chairman of the Canadian Council for Public-Private Partnerships. He is also a director of a number of other commercial corporations in Canada and the U.S. He is a member of the Queen's Privy Council for Canada and a Companion of the Order of Canada. The company's principal asset is a 40 per cent interest in the Diavik Diamonds project at Lac de Gras, 300 kilometres northeast of Yellowknife, NWT. The remaining 60 per cent is owned by Diavik Diamond Mines Inc., a subsidiary of Rio Tinto plc of London, England. The project is in the feasibility study stage. Diamond production is expected to begin in the second quarter of 2002, subject to a favourable feasibility study, the receipt of government approval and permits, and a construction decision by the joint venture partners. The company retains the right to market its 40 per cent share of diamond production. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com