21:49:22 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



UC Resources Ltd (2)
Symbol UC
Shares Issued 19,249,718
Close 2014-10-28 C$ 0.025
Market Cap C$ 481,243
Recent Sedar Documents

UC appoints four new directors to board

2014-10-30 20:57 ET - News Release

Mr. Gary Monaghan reports

UC RESOURCES ANNOUNCES NEW DIRECTORS

UC Resources Ltd. has added a number of directors to the UC board of directors.

The company is pleased to announce that Trent Blind has joined the UC board of directors.

Mr. Blind is currently the chairman of the Ermineskin Cree Nation group of companies and senior adviser and executive management consultant to Atco Structures & Logistics Ltd., Atco Sustainable Communities Inc. and Simplex Grinnell.

Mr. Blind served aboriginal communities throughout the province of Alberta and the Northwest Territories in his role as one of the founding senior managers of aboriginal banking with Bank of Montreal. He played a role in guiding Bank of Montreal in establishing a billion-dollar portfolio with various aboriginal communities throughout Canada.

Mr. Blind is also the founding president and chief executive officer of George Gordon First Nation Holdings Inc., the former parent business development company for the George Gordon First Nation. In past years, Mr. Blind completed a four-year contract as the chief financial officer for the Siksika Nation's economic and business development arm. During his appointment as chief financial officer, the group of companies' assets grew from $14-million in market value to in excess of $100-million.

Mr. Blind has served as a senior adviser to the Western Cree Tribal Council in representing its socio-economic and business development interests in the proposed $6-billion Enbridge Gateway pipeline project. He has in past years also served as the chief negotiator and senior adviser to the Akaitcho Treaty 8 chiefs in representing their socio-economic and business development interests in the Ekatai diamond mine owned and operated by BHP Billiton -- the largest resource and mining company in the world.

Mr. Blind has also held positions with a few federal government departments, including Immigration Canada, Revenue Canada and Indian & Northern Affairs Canada.

Over the years Mr. Blind has participated in a number of community events and has made several presentations to numerous organizations in raising the public's awareness of aboriginal issues.

He has been a director with a number of local, regional and national aboriginal organizations, including the Canadian Aboriginal Science and Technology Society, the Calgary Chamber of Commerce's Aboriginal Opportunities Committee, the Canadian Council for Aboriginal Business (Alberta chapter), and Petromin Resources Ltd., a public company listed on the TSX Venture Exchange, and was past chairman of the Metis Economic Development Corp. He is currently the chairman of Treaty 7 Economic Development Corp.'s investment committee. Mr. Blind is the president and principal owner of Aboriginal Financial Services Corp., a senior advisory and executive management consulting services firm.

Mr. Blind is a treaty Indian from the Gordon's First Nation in the Treaty 4 area of Southern Saskatchewan. He attended the University of Alberta and the University of Regina and has earned two degrees: a bachelor of arts, economics (special), from the University of Alberta and a bachelor of administration from the University of Regina. He majored in economics and finance and is a CMA associate.

"We are very pleased to welcome Trent to our board," stated Gary Monaghan, executive chairman of UC Resources. "Trent has valuable experience, connections and intelligence right in the markets we are focusing our concentration on for resource projects," he commented. "It has been estimated that over the next decade, more than 600 major resource projects with first nations, worth approximately $650-billion, are planned for Canada. Mr. Blind's willingness to assist UC Resources in this sector of growth is very beneficial to the company," he stated.

The company is also very pleased to welcome former U.S. Senator Larry Faulk to its board of directors. Senator Faulk was a Washington Senator from 1966 to 1970. He is a prominent figure in public life in Tacoma and Pierce county and has been for the last four decades. In 1969, he played a key role in the creation of the State Appeals Court, and in making sure that Tacoma and Spokane would house divisions of that Appeals Court. The original bill housed the Appeals Court only in Seattle. Senator Faulk and his fellow legislators from Tacoma and Spokane said they would not vote for it if the court was based solely in Seattle -- a place that, in Senator Faulk's view, was always trying to squeeze out the state's other cities.

Senator Faulk worked as an executive with the Boeing Company for many years, and he also headed a number of non-profit and governmental agencies, including the Martin Luther King Center in Tacoma and the Washington State Pollution and Shoreline Hearings Board. He became a trustee of Tacoma Community College and also taught there as a political science instructor. In 2008, he ran again for the state Senate seat that he had held 42 years earlier.

"The company will benefit from Senator Faulk's influence, contacts and knowledge, and we welcome him as we move in new directions," commented Mr. Monaghan.

The company has also added Lorne Mark Roseborough to its board. Mr. Roseborough currently is executive chairman of CleanGen Inc. and director of Sunvault Energy Inc. Mr. Roseborough previously held the position as a start-up lead executive for Dow Corning's $1.2-billion semiconductor plant in Clarksville, Tenn. Mr. Roseborough was a director of Epod Solar Inc. from Oct. 10, 2007, to Jan. 8, 2010. He also held management positions with Epod Solar from 2003, was promoted to vice-president and held that position from June 30, 2008, until July 30, 2009.

From 1992 to 2003, Mr. Roseborough worked at Belkorp Industries Inc., where he was vice-president of manufacturing, having direct responsibility for the operations of three pulp and paper mills and a small oil refinery. These operations had approximately 350 employees and $300-million in revenues.

From November, 1999, to 2003, he also held the position as president and chief executive officer of Bluewater Fiber in Port Huron, Mich. (on behalf of owners Merrill Lynch and Cerberus Capital Partners), which was a large recycle pulp mill.

The company is pleased to add Paul Bercier to its final board seat. Mr. Bercier served in the Canadian military as an officer for 16 years and then in the oil and gas service industry for 20 years as a business owner, executive and in senior management. He developed BGH Gas Test Operating into the third-largest production-testing company in Western Canada and western United States of America. While with Western Lakota Energy Services, Mr. Bercier helped manage the aboriginal community portfolio for the acquisition and operation of partnership drill rigs for 12 first nations and Metis organizations, which are still operating under the aegis of Savanna Energy Services.

Mr. Bercier has worked with the Metis Nation of Alberta as adviser and director for Economic Development and Environment, where he helped managed the development of a 10-year economic development plan. He helped structured the acquisition of a Metis cultural centre, and served on several environmental and economic development committees at the municipal, provincial and federal levels. He is recognized as a national economic developer and received an award by the Canadian Association of Native Development Officers in 2002.

He participated in the initial Canadian aboriginal trade mission to China in 2008 on behalf of the Metis Nation. He is currently working as a consultant with SunVault Energy and as a freelance adviser on aboriginal affairs.

Mr. Monaghan has this comment about working closely with first nations, "Our intention is to build our shareholder base with these groups, thus securing right to subsurface rights across a multitude of aboriginal land footprints," commented Mr. Monaghan, executive chairman of UC Resources. "This is a business model that is long overdue in Canada for minerals, oil, natural gas and other resource commodities," he continued.

The company plans to focus its attention to this market sector.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.