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PacificOre ends proxy contest, current board resigns

 

PacificOre ends proxy contest, current board resigns

 

2013-08-30 19:10 ET – News Release

Mr. Peter Swistak reports

RESIGNATION OF BOARD

PacificOre Mining Corp.’s four current directors — Ernest Brisbane, Christian Derosier, Peter Swistak and Don Wilson — have resigned from the board, effective Aug. 30, 2013. The outgoing board has appointed Paul Sorbara as director, who in turn has appointed Adrian Bakker and Stephen Pearce to the board. Brian F. Adams, CGA, has also resigned today from his position as chief financial officer of the company.

The outgoing directors have concluded that, at this time, it is not in the best interests of the company to continue the proxy contest. The directors thank those shareholders who have given their support to the board during this difficult time and hope that their support for PacificOre continues into the future.

 

 

 

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More information on company activities and vanadium redox batteries, including global installations, can be found on the company’s website at www.vanadiumcorp.com

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