Aldridge Minerals CEO, director Caron resigns
ALDRIDGE ANNOUNCES LEADERSHIP CHANGE
Aldridge Minerals Inc.’s Mario Caron, president and chief executive officer, has resigned his position effective July 31, 2013. Mr. Caron has also resigned his seat on the company’s board of directors.
“On behalf of the board, we would like to thank Mr. Caron for his service, and we wish him well with his future endeavours,” said Barry Hildred, chairman of Aldridge. “During his tenure, the company was successful in advancing the development of its flagship Yenipazar project, which culminated in the successful completion of a feasibility study earlier this year resulting in the 100-per-cent earn-in of the project. The company will now focus on retaining new leadership that will guide us through our next phase of development.”
To effectively manage the transition to new leadership, Aldridge has established a special committee of the board that will provide general supervision and management of the day-to-day affairs of the company. In addition, the special committee will be responsible for overseeing a process to identify and hire a new chief executive officer.
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