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American Resource Corporation shareholders elect new board members and board appoints new president and CEO.


GREENBRAE, Calif.--(BUSINESS WIRE)--June 20, 1995--American Resource Corporation Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:AREE) announced following its annual shareholders meeting that the shareholders elected the following four directors to the board: Ian B. Smith; Richard E. Berman; James F. Wickham and Neil Woodyer, the latter two being new appointees. The Board of Directors also appointed Smith, currently chairman of the board, to the additional responsibilities of president and chief executive officer.

Smith has served as chairman of the board since May 1994. He is a mining engineer and serves as president and founding partner of Mineral Resources Noun 1. mineral resources - natural resources in the form of minerals
natural resource, natural resources - resources (actual and potential) supplied by nature
 Development Inc., an international mining engineering consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
. He has over 29 years experience in operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. , planning, engineering as well as project management and consulting. Smith replaces Tony D. S. Wicks who had been a director, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of American Resource since 1988 and is leaving the company for personal reasons.

James F. Wickham is currently a management and engineering consultant with more than 40 years experience in the mining and minerals industry that have encompassed a variety of U.S. and international management positions, including 20 years with Bechtel, the San Francisco-headquartered, international engineering firm. Wickham retired from Bechtel as project engineering manager, Latin American projects. He has also held engineering and operations management positions in the U.S. and South America. He holds a B.S. in mining and metallurgical engineering from the University of Arizona (body, education) University of Arizona - The University was founded in 1885 as a Land Grant institution with a three-fold mission of teaching, research and public service. .

Neil Woodyer is managing director of Endeavour Financial Corp., an international consulting firm with offices in Vancouver, B.C.; Denver, Colo.; and Toronto. Woodyer has held general and senior financial management positions in the United Kingdom and the United States for more than 25 years. He has also served as the chief executive officer of Lloyds Bank's commodity trading, project finance and trade finance company. He currently serves on the boards of Zamora Gold Corp. and Bema Gold Corp.

Richard E. Berman is a senior partner in the law firm of Ruden, Barnett, McClosky, Smith, Schuster & Russell, P.A. where he specializes in sophisticated commercial litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 in state and federal courts. He has been a director of ARC since October 1993. He holds a juris doctor The degree awarded to an individual upon the successful completion of law school.

Juris doctor, or doctor of Jurisprudence, commonly abbreviated J.D., is the degree commonly conferred by law schools.
 degree, magna cum laude, from Syracuse University. His firm specializes in litigation, corporate tax and complex commercial transactions.

CONTACT: American Resource Corp., Greenbrae

Stephen Anderson, 415/461-6868
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 20, 1995
Words:388
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