Yahoo Finance CLEARVIEW RESOURCES LTD. ANNOUNCES DIRECTOR RESIGNATION
CALGARY, AB, April 9, 2024 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") announces the resignation of Mr. Richard Carl as a director of the Company effective April 8, 2024.
Lindsay Stollery Jephcott, Chair of the board of directors commented, "we extend our sincere gratitude to Richard for his service and contributions during his time on our board. In addition, we extend our gratitude for his contributions as long standing chair of the audit committee and as member of the compensation committee. Richard has been a valued member of Clearview for over fourteen years and his vision, commitment and dedication have been instrumental to the Company. We thank him for his unwavering service as a pivotal member of the Clearview team."
In addition and in connection with Mr. Carl's resignation, Clearview announces it has changed the composition of its audit and compensation committees. The Company appointed Bruce Francis to the compensation committee, Lindsay Stollery Jephcott to the audit committee and David Vankka as chair of the audit committee. Mr. Francis is "independent" of the Company within the meaning of applicable laws, rules, policies, guidelines and requirements as determined by the board of directors and Ms. Stollery Jephcott is "financially literate" and not "independent" within the meanings of National Instrument 52-110 – Audit Committees (the "Instrument"). The Company relies on the exemption from the independence requirement pursuant to sections 3.5 and 3.9 of the Instrument and Ms. Stollery Jephcott will serve on the audit committee until the earlier of (i) the next annual meeting of the Company; and (ii) the date that is six months from the date hereof. The board of directors has determined that the reliance on the exemption will not materially adversely affect the ability of the audit committee to act independently and to satisfy the other requirements of the Instrument.
FOR FURTHER INFORMATION PLEASE CONTACT: | |
CLEARVIEW RESOURCES LTD. | |
2400 - 635 – 8th Avenue S.W. Calgary, Alberta T2P 3M3 | |
Telephone: (403) 265-3503 | Facsimile: (403) 265-3506 |
Email: info@clearviewres.com | Website: www.clearviewres.com |
Rod Hume | Brian Kohlhammer |
President & CEO | V.P. Finance & CFO |
Note Regarding Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information (collectively "forward-looking information") within the meaning of applicable securities laws relating to the Company's current expectations, estimates, projections and assumptions that were made by the Company in light of information at the time the statement of made. Forward-looking information typically uses words such as "anticipate", "believe", "project", "expect", "goal", "plan", "intend" or similar words suggesting future outcomes, statements that actions, events or conditions "may", "would", "could" or "will" be taken or occur in the future. Forward-looking information contained in this press release includes the Company's ongoing investigation and attempt to recover the stolen funds. Forward-looking information is provided in this press release for the purpose of giving information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking statements for any other purpose.
Forward-looking information provided in this press release is based on information available at the date hereof and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking information is expressly qualified by the above statements. Clearview does not undertake any obligation to publicly update or revise any forward-looking statements or information contained herein, except as required by applicable laws.
SOURCE Clearview Resources Ltd.
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