Hudson Announces the Appointment of Sam Yik as CFO and Jim Cambon to the Board of Directors
26 Juin 2018 - 9:01PM
Hudson Resources Inc. ("
Hudson" or the
"
Company") (TSXV:HUD) (OTC:HUDRF) is pleased to
announce the appointment of Sam Yik as Chief Financial Officer and
the appointment of Jim Cambon, Executive Vice-President, Project
Development, to the Board of Directors.
Sam has a diverse business background and over
25 years of public company experience in industrial sectors
including resources, technology, petrochemicals, and
transportation. He has extensive international hands on management
experience in senior financial, commercial, and operational roles
in companies with market capitalization ranging from $10 million to
$2 billion. Sam brings over 10 years of CFO experience in managing
publicly listed companies on the TSX, TSXV, and the NYSE-MKT. Sam
has a Bachelor of Commerce degree from the University of British
Columbia, and obtained his CA designation while articling with
KPMG.
Jim has been a member of Hudson’s management
team since 2006. He has over 30 years of international business
development and project management experience in the mineral
exploration, consulting and engineering industries with a focus on
Arctic projects. He has held senior positions with engineering
firms including AMEC and Bateman. He was co-founder of the
Mongolian exploration company QGX Ltd., which was acquired for $300
million in 2008. He obtained a Bachelor of Science (Geology) from
the University of Western Ontario.
James Tuer, Hudson’s President stated, “I’m very
pleased that Jim has joined Hudson’s board. For the past 12 years
Jim he has been instrumental in making Hudson a success. We look
forward to his contributions at the board level. I’m also very
happy that Sam has joined our management team as our new CFO. His
experience will be very valuable as Hudson moves to production
later this year and works toward generating revenue from multiple
revenue streams around the globe. We thank Alnesh Mohan and his
team at Quantum Advisory Partner’s LLP for eight years of hard work
in providing CFO and bookkeeping services.”
With respect to the Company’s annual
compensation review governing the granting of options, the board of
directors has approved a total of 5,230,000 incentive stock options
to be granted to directors, officers and employees of the Company,
as per the terms of the stock option plan. The options are
exercisable at $0.47 per share for a period of five years, and are
subject to the policies of the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
“James
Tuer”
James Tuer, President
For further information:James
Tuer, PresidentPh: 604-628-5002 or
604-688-3415tuer@hudsonresources.ca
Forward-Looking
Statements
This news release includes certain
forward-looking statements or information. All statements other
than statements of historical fact included in this news release,
including, without limitation, statements regarding the use of
proceeds from the private placement, and other future plans and
objectives of the Company are forward-looking statements that
involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's plans or expectations
include market prices, general economic, market or business
conditions, regulatory changes, timeliness of government or
regulatory approvals and other risks detailed herein and from time
to time in the filings made by the Company with securities
regulators. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise
except as otherwise required by applicable securities
legislation.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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