Archangel Diamond Corporation announces appointment of former De Beers executive to the board of directors.VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Sept. 19, 1996-- Archangel archangel, in religion archangel (ärk`ānjəl), chief angel. They are four to seven in number. Sometimes specific functions are ascribed to them. The four best known in Christian tradition are Michael, Gabriel, Raphael, and Uriel. Diamond Corporation (VSE See DOS/VSE. VSE - Virtual Storage Extended :AAD AAD American Academy of Dermatology. AAD American Association of Dermatology ) is pleased to announce the appointment of Mr. Richard Anthony Wake-Walker to the Board of Directors. From 1991 to 1994 Mr. Wake-Walker was General Director of the first De Beers office in Moscow, where his responsibilities included creating a legal entity within the Russian Federation for De Beers, and the establishment of contacts within the complex political and diamond hierarchy of the Russian Federation. "Mr. Wake-Walker's deep understanding of the political, financial and economic situation in Russia will be a key asset to the successful growth of AAD." said Franco Boulle, Chairman 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 Archangel Diamond Corporation. Mr. Wake-Walker brings not only a tremendous network of contacts within the Russian Federation, but also 21 years of experience in all facets of the diamond industry, which he acquired while working internationally with De Beers and the CSO (Chief Security Officer) The person in charge of all staff members who are responsible for promulgating, enforcing and administering security policies for all systems within an enterprise or division. . The addition of Mr. Wake-Walker to the Archangel Board of Directors strengthens the company's presence within the Russian Federation. Further to the news release of September 9, 1996, Mr. Alex Budzinsky, who was recently appointed President of Archangel Diamond Corporation, has also been appointed to the Board of Directors. ON BEHALF OF THE BOARD Franco Boulle, Chairman and CEO -0- The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Archangel Diamond Corporation Investor Relations, 416/861-3080 416/861-0418 (Fax) |
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