Azimut Exploration Appoints Dennis Wood as Director.MONTREAL -- Azimut Exploration Inc.(TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:AZM AZM The ISO 4217 currency code for Azerbaijani Manat. ) ("Azimut") is pleased to announce the appointment of Mr. Dennis Wood as a Director of the Company. Mr. Wood was elected on February 22, 2006, during the last Annual General Meeting of Shareholders held in Montreal. Mr. Wood is a highly respected self-directed venture capitalist who brings with him more than 30 years of experience as a director and manager. He is currently President and Chief Executive Officer of Dennis Wood Holdings Inc., and Interim 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. for Le Groupe Bocenor Inc. One of his many outstanding business achievements was at C-MAC Industries Inc., a world leader in the design and manufacture of high-tech components and systems, where sales quadrupled during his 12-year term as President, Chairman and CEO, resulting in a successful merger of the Quebec-based company with Solectron Corporation of California. Mr. Wood lends his support to many companies and is a member of the board at National Bank Trust, Transat A.T. Inc., The Jean Coutu Group The Jean Coutu Group (PJC) Inc. TSX: PJC is a Canadian company headquartered in Longueuil, Quebec with its Jean Coutu Group (PJC) U.S.A. Inc. in Warwick, Rhode Island. (PJC PJC Permanent Joint Council (forum for NATA-Russia Consultations) PJC Prayer for Judgment Continued (legal term) PJC Pioneer Junior College (Singapore) ) Inc., Victhom Human Bionics Inc., Le Groupe Bocenor Inc., and Blue Mountain Wallcoverings. Mr. Wood's philanthropic associations include the Orchestre Metropolitain de Montreal, Bishop's University and Universite de Sherbrooke, Centraide, La Fondation de l'Hopital La Providence de Magog, and La Fondation des Maladies Mentales, to name but a few. He has been honoured with many distinctions, including an honorary doctorate from the University of Sherbrooke, and Canada's highest honour, The Order of Canada The Order of Canada is Canada's highest civilian honour within the Canadian system of honours, with membership awarded to those who exemplify the Order's Latin motto Desiderantes meliorem patriam, which means "(those) desiring a better country" (Hebrews 11:16). . Mr. Wood's high regard for the entrepreneurial spirit, his experience in acquisitions, and his negotiating and managerial skills will provide strong support for Azimut's growth. Other re-elected board members are Messrs. Jacques Bonneau, Jean-Marc Lulin, Jean-Charles Potvin and Louis P. Salley. Azimut is a mineral exploration company developing cutting-edge targeting methodologies to reduce exploration risk and discover major deposits. Azimut has 14.9 million issued shares. 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. (TSX Venture) does not accept responsibil ity for the adequacy or accuracy of this release. Azimut Exploration Inc. (TSX VENTURE:AZM) |
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