Changes to The Board of Indomin.TORONTO--(BUSINESS WIRE)--March 24, 1997--Indomin Resources Li(VSE See DOS/VSE. VSE - Virtual Storage Extended IRL 1. (jargon, chat) IRL - In real life. Generally synonymous with f2f. 2. (language, robotics) IRL - Industrial Robot Language. . ) Indomin Resources Limited is pleased to announce that Professor Jim Otto James Edwin Otto (born January 5, 1938 in Wausau, Wisconsin) was an American football center for the Oakland Raiders of the American Football League. Wausau High School and University of Miami has been appointed a non-executive director A non-executive director (NED, also NXD) or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way. of the Company. Mr. Ralph Newson and Dr. Iain Le May have resigned from the board of Indomin. Professor Otto, who is the Deputy Director of the Institute for Global Resources Policy and Management at the Colorado School of Mines Colorado School of Mines, at Golden; state supported, coeducational; chartered 1874. It was one of the first mineral engineering schools in the United States. , is a specialist in both international mineral law and resource economics. His career which has spanned industry, government and academia, has encompassed applied research, drafting of laws and agreements for developing countries, formulation of long term mineral sector development plans, designing national natural resource tax systems, project management, minerals marketing and country risk assessment. He has worked as a consultant and advisor to both industry and governments in many developing countries including Indonesia, Malaysia, China, Columbia, Venezuela, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. and Mozambique. Indomin's management believe that the skills and experience that Professor Otto brings to the board will be invaluable in the future growth and development of the company. Professor Otto and Mr Max Boulle, who has also recently joined the board of Indomin, have each been granted 50,000 stock options with an exercise price of $6.00. -0- No stock exchange has approved or disapproved the information contained herein CONTACT: Indomin Resources Limited Chuck Forrest, 416/ 955-9535 http://www.indomin.com |
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