China Diamond appoints Keith Minty as new President & CEO
04 May '06
2 min read
China Diamond Corporation The board of directors of China Diamond Corp. are pleased to announce a change of its current management structure to fast track its re-organization efforts.
Effective immediately, Mr. Keith Minty, P. Eng., the current Chairman of the board has replaced Mr. Mike Michaud as President and CEO of the Company, who has resigned his position with the Company. Mr. George Laforme, an independent director of the Company, who has well versed business experience in China, replaces Keith Minty as Chairman of the board of directors of the Company.
The corporate structure was changed to allow Mr. Minty to have direct involvement in the process of re-organizing and rebuilding the Company. With a well experienced President and CEO, the rebuilding of the Company's management team and the turn around process can commence immediately. Mr. Minty will commence the candidacy selection for a new management team and to manage the Company's business affairs.
Mr. Mike Michaud tendered his resignation, upon the satisfactory completion of his management contract in place since early 2004. The board of directors recognizes and appreciates all the invaluable work that Mike performed at the Company's diamond and gold projects during his tenure at the Company. The board wishes Mike all the success in his future endeavors as he will be missed by all his colleagues in China.
Headquartered in London, Ontario, China Diamond Corp. is a junior resource company engaged in mining for diamonds and the exploration and advancement of diamond and gold prospects in China.