Mr. Ken Bates reports
CLINE MINING ANNOUNCES RESIGNATION OF CHAIRMAN, DIRECTOR AND THE APPOINTMENT OF NEW CHAIRMAN
Cline Mining Corp. has appointed Mark Haywood as executive chairman of the board of directors of Cline.
Mr. Haywood joined the board of directors on Feb. 11, 2013.
Ken Bates, chief executive officer of Cline, stated: "We are very pleased
to have access to Mark's extensive expertise and experience in the
mining industry. Along with his strong industry background, Mark
brings a strategic focus to the company which will be instrumental in
Cline moving forward to complete its financial restructuring together
with Marret Asset Management Inc. and its ongoing success."
Additionally, the company announced that Bill McKnight,
PC, resigned as chairman of the board of directors effective May 18,
2013. Mr. McKnight has served as a director of the company since
Dec. 8, 2004, and as chairman of the board since Jan. 26, 2005.
Mr. McKnight will continue to serve as a director of Cline.
Additionally, Peter Elzinga has resigned from the company's board of
directors. Mr. Elzinga has served as a director of Cline since June 11,
2010.
"We wish to thank and express our gratitude to the Honourable Bill McKnight
and Mr. Peter Elzinga for the dedicated, valuable and important service
and contributions they have each made to the company," commented Mr. Bates, chief executive officer of Cline.
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