Mr. Pascal Hamelin reports
METANOR RESOURCES APPOINTS MR. JAMES N. FAIRBAIRN AS NEW CFO
Metanor Resources Inc. has appointed James N. Fairbairn to the Metanor team as the new chief financial officer.
Mr. Fairbairn is a finance professional with over 25 years of experience in corporate governance, leadership, mergers and acquisitions, corporate finance, and financial and management reporting. He is a chartered accountant who brings strong financial skills and who has served as a senior officer and/or a director in both public and privately held companies.
The transition between the actual CFO, Claudine Levesque, and Mr. Fairbairn will be scaled over several months to assure a smooth business transition. The company wishes to thank Ms. Levesque, who successfully managed the company finance over the last nine years.
Pascal Hamelin, president and chief operating officer of Metanor Resources, commented: "We are very pleased to welcome Jim, a qualified and experienced individual. His knowledge will be an asset to the company through its next phase of growth."
In addition, the corporation announces that it has granted 100,000 incentive share purchase options to Mr. Fairbairn in accordance with the terms and conditions of its incentive share purchase option plan. These options immediately vested, have an exercise price of 81 cents and will be valid for a period of five years, until July 14, 2022.
About Metanor Resources Inc.
Metanor Resources is a Quebec-based emerging gold producer having its main assets, the Bachelor mine and the Barry project, in addition to over 15,000 hectares of exploration property, located in the mining-friendly jurisdiction of Quebec in the heart of the Urban-Barry camp.
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