08:58:27 EDT Fri 29 Mar 2024
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Terreno Resources Corp (2)
Symbol TNO
Shares Issued 14,235,506
Close 2017-05-24 C$ 0.05
Market Cap C$ 711,775
Recent Sedar Documents

Terreno appoints Brown as director, president, CEO

2017-06-01 12:56 ET - News Release

Mr. George Brown reports

TERRENO RESOURCES ADDS NEW DIRECTORS AND APPOINTS NEW OFFICERS

Richard Patricio has resigned as director, president and chief executive officer of Terreno Resources Corp. The company wishes him success in his future endeavours.

The company is pleased to announce that, subject to regulatory approval, George A. Brown has been appointed as a replacement director to the board. Mr. Brown has also been appointed as chief executive officer and president. His immediate goal shall be to put into place all of the conditions required for the company to graduate from the NEX to a TSX Venture Exchange listing.

Mr. Brown was born in Quebec and is a graduate of Bishop's University with an honours bachelor of business administration. He has been involved in the administration of junior resource exploration companies for over 35 years. Most recently, as president of MacMillan Minerals Inc., Mr. Brown guided its efforts in 2016 into a successful transition to becoming Maverix Metals Inc., a significant new royalty and streaming company. Mr. Brown also has experience as the chief executive officer who completed the graduation of Duran Ventures Inc. from an NEX-listed company to a TSX-V-listed company.

The board has also increased the board from three directors to four with the addition of Richard Williams. Mr. Williams attended the University of Western Ontario for his BA in political science and then the University of Ottawa to obtain his LLB degree. He is the president of Blackwell Investor Relations Corp., and he is a senior-level executive with broad in-depth experience in international and corporate and commercial affairs and securities law. He has experience being a director and officer of several public companies.

Carmen Yuen, CPA, has been appointed as treasurer of the company.

The company has granted 750,000 stock options exercisable at five cents with an expiry of May 31, 2022, to the three new directors and/or officers.

The company also wishes to announce that the address of the registered office is now Suite 1102, 44 Victoria St., Toronto, Ont., M5C 1Y2.

We seek Safe Harbor.

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