LA PRAIRIE, QUEBEC–(Marketwired – Sept. 15, 2015) – The management of Vanstar Mining Resources Inc. (TSX VENTURE:VSR) wishes to announce the following corporate changes. Mr. Denis Tremblay was appointed as the new CFO and Corporate Secretary of the Company, following the resignation of Liette Nadon, effective September 30. Mr. Tremblay has been managing public companies for the last 20 years.
The board of directors also appointed Mr. Alain Chayer as director of the Company. Mr. Chayer is President of Liaison Capital, a consulting firm providing corporate financing and business management services. He was previously Branch Manager for the BDC for 8 years and a Senior Director for the Caisse de Dépôt et de Placement du Québec for 4 years.
Maxime Lemieux and Gilles Laverdière also submitted their resignations as directors. Vanstar wants to thank them and Liette Nadon for their past services and wishes them the best in their future endeavors.
On the exploration front, Iamgold is pursuing exploration works on Vanstar’s Nelligan project. An IP survey should be completed by the end of September.
Finally, the Company cancelled a previously announced $450,000 projected financing with an American private investment fund at $0.15 per share. See July 16 press release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
President and Chief Executive Officer