Softrock Announces Appointment of New President And Chief Executive Officer
April 14 2020 - 6:30PM
Softrock Minerals Ltd. (TSXV: SFT) ("Softrock" or the "Company")
today announced that The Honourable Nick Taylor resigned as
President and Chief Executive Officer of the Company effective
immediately for personal reasons. The Company appointed
Stuart B. McDowall, a director of the Company, as the Company's new
President and Chief Executive Officer and appointed Mr. Taylor as
non-executive Chair of the Board. Mr. McDowall is an
independent businessman and civil engineer and was Canada's trade
commissioner for over 30 years, with postings in Europe, the Middle
East, Africa and South America. Mr. McDowall has been a
director of Softrock since 2009 and is also a director of
Groundstar Resources Limited and Wilton Resources Inc. The
Company thanked Mr. Taylor for his many years of service as
Softrock's President and Chief Executive Officer.
Softrock also announced that the Board granted
options to purchase an aggregate of 2,100,000 common shares of the
Company to its directors and officers. The options are
exercisable at a price of $0.05 per share and expire in five
years. The options were issued in replacement of the options
held by the grantees that had previously expired.
FOR FURTHER INFORMATION, PLEASE CONTACT:Stuart
McDowall, President and Chief Executive OfficerSoftrock Minerals
Ltd.Email: softrockminerals@shaw.ca
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