News (June 01, 2000)
At the annual meeting of SouthernEra Resources Ltd. on June 6, six of the eight directors nominated by management
were replaced by a vote of shareholders. Christopher Jennings and Patrick Evans retained their positions on the board. The new directors elected are James Anthony, Thomas Dawson, Vahid Fathi, Louis Fox, Rudi Fronk and Philip Martin. They are replacing Steven Banning, Oliver Lennox-King, Lyle Hepburn, Norman Hardie, Patrick Ryan and Patrick MacCulloch. The new board has cancelled the company’s planned move from Toronto to Denver, and is evaluating the recently appointed management.
The Ontario Securities Commission has hired Deborah McCombe to the new position of chief mining consultant, in the Corporate Finance Branch, where she will work with other staff on the new Standards of Disclosure for Mineral Projects, and with the Continuous Disclosure Team. Most recently McCombe was president of the international firm of consulting geologists and engineers Watts, Griffis and McOuat.
Robert T. Boyd has been appointed as president and CEO of Ashton Mining of Canada Inc.; he will also be a director of the company. Boyd has more than 25 years of experience in exploration, executive management and corporate finance. He comes to Ashton from Geographe International MFS Inc. Boyd replaces John S. Auston who has retired after four years with the firm.
William Hayes, executive vice-president of Placer Dome Inc., has been elected chairman of the Washington, D.C.-based Gold Institute. Hays assumes the position from Jack Thompson, chairman and CEO of Homestake Mining Co.