Welcome!

News Feed Item

Avanti Mining Reports Results from Annual Meeting

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/02/14 -- Avanti Mining Inc. (TSX VENTURE: AVT)(PINKSHEETS: AVNMF) ("Avanti" or the "Company") is pleased to announce voting results from its annual meeting held on May 28, 2014 (the "Meeting"). At the Meeting, shareholders voted in favour of fixing the number of directors of Avanti at five, and the following management nominees were appointed as directors to hold office until the next annual meeting of shareholders or until their successors are elected or appointed: Mr. Gordon J. Bogden, Mr. Jasper Bertisen, Mr. Peter Roberts, Mr. Mark A. Smith and Mr. Robert Francis.

The Avanti Board of Directors thank Mr. Craig Nelsen and Mr. Mark Premo for their dedication and contributions to the Company throughout their tenure as directors of Avanti. Mr. Nelson was a Co-founder of Avanti and served as President and Chief Executive from its inception in 2006 to October 2013 when he moved to the role of Executive Chairman and was instrumental in the development of the Kitsault Mine Project. Mr. Premo was appointed to the role of President and Chief Executive in October 2013 through March 2014. Mr. Nelson and Mr. Premo did not stand for re-election at the Meeting. The Avanti Board also thanks Mr. A.J. Ali for his contributions in advancing the Company and the Kitsault Mine Project as a Co-founder and Chief Financial Officer of Avanti. Mr. Ali will continue in his current role of Executive Vice President until June 30, 2014, at which time he will retire from Avanti.

Mr. Mark A. Smith, Chairman said, "On behalf of the Board of Directors, I wanted to thank Messrs. Nelsen and Ali as Co-founders of the business, for their contribution over the years that helped move Avanti Mining and the Kitsault Mine Project forward. The Board also thanks Mr. Premo for his contribution to the company. We wish all three gentlemen all the best in their future endeavours."

Shareholders also voted in favour of re-approving the Company's stock option plan, and the re-appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as the auditors of Avanti at the Meeting.

Subsequent to the Meeting, the Company appointed Mario Caron to its board of directors. Mr. Caron is the former President and Chief Executive Officer of Aldridge Minerals Inc. and Axmin Inc., and has previously sat on the board of directors of Marengo Mining Limited, Orosur Mining Inc., Vaaldiam Mining Inc. and First Uranium Corporation. Mr. Caron holds a Bachelor's degree in Mining Engineering and is a member of the Quebec Order of Engineers and the Association of Professional Engineers of Ontario.

Avanti further announces that it has cancelled 1,000,000 incentive stock options granted to an officer of Avanti on April 30, 2014 at an exercise price of C$0.07 per share in accordance with the Company's stock option plan approved by shareholders at the Meeting.

Neither the 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.

Contacts:
Avanti Mining Inc.
Gordon J. Bogden
President & Chief Executive Officer
416-847-0376

Avanti Mining Inc.
Graham du Preez
Chief Financial Officer
416-847-0376
www.avantimining.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Cloud resources, although available in abundance, are inherently volatile. For transactional computing, like ERP and most enterprise software, this is a challenge as transactional integrity and data fidelity is paramount – making it a challenge to create cloud native applications while relying on RDBMS. In his session at 21st Cloud Expo, Claus Jepsen, Chief Architect and Head of Innovation Labs at Unit4, will explore that in order to create distributed and scalable solutions ensuring high availa...
Cloud adoption is often driven by a desire to increase efficiency, boost agility and save money. All too often, however, the reality involves unpredictable cost spikes and lack of oversight due to resource limitations. In his session at 20th Cloud Expo, Joe Kinsella, CTO and Founder of CloudHealth Technologies, tackled the question: “How do you build a fully optimized cloud?” He will examine: Why TCO is critical to achieving cloud success – and why attendees should be thinking holistically ab...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to ...