Andrew Saxton Joins Earthworks Board.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 12, 2004 Earthworks earthworks: see land art. Industries Inc. ("Company") is pleased to announce that Andrew Saxton has accepted appointment as a Director of the Company. Mr. Saxton is Chairman of King George Financial Corporation and is a director of Canadian Commercial Corporation (Ottawa), VSM MedTech, Pheromone pheromone Any chemical compound secreted by an organism in minute amounts to elicit a particular reaction from other organisms of the same species. Pheromones are widespread among insects and vertebrates (except birds) and are present in some fungi, slime molds, and algae. Sciences Corp., Imperial Parking Canada Corp. and the University of BC Investment Management Trust. Mr. Saxton's past positions have also included, co-founder of Laurentide Financial Corp., Grouse Mountain Resorts, British Columbia Television Broadcasting System and Chairman of the Investment Committee of the Insurance Corporation of British Columbia The Insurance Corporation of British Columbia (ICBC) is a provincial crown corporation in British Columbia created in 1973 by the NDP government of British Columbia. The original purpose of ICBC was to provide universal automobile insurance in British Columbia. (ICBC ICBC Industrial and Commercial Bank of China ICBC Insurance Corporation of British Columbia ICBC International Commercial Bank of China ICBC Imax Cargo Bay Camera (Space Shuttle) ICBC Interagency Committee on Back Contamination ). His past directorships also included Ultratech Corporation (Sunnyvale CA) and Morlan Pacific Corp. (Parent Co. of Morris Plan Company and Great Falls and Yosemite Insurance Co's., San Francisco). The appointment of Mr. Saxton will be a valued addition as the Company moves forward with the development of it's integrated waste management project in California. Dan Atkinson has resigned as a Director of the Company. The Company's Solicitor, Carl R. Jonsson, has been appointed Secretary of the Company. The Company has granted additional options as to a total of 200,000 shares exercisable at $1.15 per share to Directors and service providers - pursuant to the Company's Option Plan. The Company has also agreed with its principal U.S. law firm to settle an account owing for services rendered of $40,000 (U.S.) by issuing 52,000 shares at a deemed price of $1.00 (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) per share. EARTHWORKS INDUSTRIES INC. David Atkinson, President The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for the adequacy or accuracy of this Release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion