May 26, 2016 17:00 ET
MONTREAL, QUEBEC–(Marketwired – May 26, 2016) – MDN Inc. (TSX:MDN) (the “Company”) is pleased to announce that Alain Krushnisky will succeed Yves Therrien as Chief Financial Officer of the Company, and also announces the results of its annual shareholders’ meeting held on May 26, 2016.
Mr. Krushnisky graduated from the University of Ottawa in 1983 with a bachelor’s degree in commerce and is a member of the Chartered Professional Accountants of Canada. Mr. Krushnisky has over 25 years of experience in the mining sector including ten years with a mid-tier producer in various capacities, including Vice-President and Controller. Since 2004, Mr. Krushnisky has been doing consulting work for various publicly traded exploration companies. He is currently Chief Financial Officer of a number of mineral exploration companies listed on the TSX Venture Exchange.
“I would like to thank Yves for his substantial contribution to MDN over the years and wish him an enjoyable retirement,” said Claude Dufresne, President and CEO. “We are looking forward to work with Alain. His experience and knowledge of the mining industry will strengthen MDN’s team,” added Mr. Dufresne
The following persons have been appointed as directors of MDN until the next annual shareholders’ meeting or until their successors are elected or appointed.
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Appointment of PwC LLP, Chartered Professional Accountants, as auditors of MDN.
PwC LLP was appointed as auditor of MDN for the current year and the directors were authorized to fix their remuneration by a show of hands.
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About MDN (TSX:MDN)
MDN Inc. is a mining exploration and development company with properties in Quebec and in Tanzania. In Quebec, MDN holds a 72.5% interest in Crevier Minerals Inc., which owns a NI 43-101 niobium tantalum resource and 100% of the Samaqua property.
This press release contains forward-looking statements. Such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements are discussed in greater detail in the Company’s most recent Annual Information Form filed on SEDAR. Investors and others who base themselves on the Company’s forward-looking statements should carefully consider the factors mentioned in the Annual Information Form, as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct, and as such, the forward-looking statements in this press release should not be unduly relied upon. These statements speak only as of the date of this press release.
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