Normiska Corporation Announces Changes in Management.GUELPH, Ontario -- Normiska Corporation announces today the resignation of Mr. David Graham as President and Chief Executive Officer. Mr. Graham, one of the founders of Normiska Corporation, will be devoting time to his natural resource management company. Mr. Graham will remain a Director and continue to contribute to the direction of the corporation. The Board of Directors has appointed Peter J. Goodwin, currently a director of the Corporation, as President and Chief Executive Officer of Normiska. The Board is pleased that Mr. Goodwin has agreed to assume this role. He brings 25 years of experience in the mineral business to this assignment, most recently as President of the Industrial Minerals Group of Zemex Corporation, a world leader in the production of feldspar, mica and clays. Mr. Goodwin will undertake to direct the implementation of the newly evolved plan to expand the Corporation through both organic internal growth and the acquisitions anticipated in the near future. Normiska Corporation is a major producer of expanded perlite perlite or pearlstone Natural glass with concentric cracks such that the rock breaks into small, pearl-like bodies. It is formed by the rapid cooling of viscous lava or magma. and vermiculite ver·mic·u·lite n. Any of a group of micaceous hydrated silicate minerals related to the chlorites and used in heat-expanded form as insulation and as a planting medium. for the horticultural industry from its plant in Lachine, Quebec and peat, compost and pine bark mulch products from its plant in Fort Frances, Ontario Fort Frances, Ontario is a town, located in the northwestern part of Ontario, Canada. Its population (2001) was 8,315. It is in the Rainy River District. Fort Frances is a popular fishing destination and hosts the Fort Frances Canadian Bass Championship each summer. . Normiska has 16,779,760 common shares issued and outstanding. No securities commission or stock exchange has approved or disapproved of this news release. Normiska Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:NCO NCO abbr. noncommissioned officer NCO noncommissioned officer NCO n abbr (Mil) (= noncommissioned officer) → Uffz. ) |
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