News Feed Item
IDM Announces Results from AGM; David Parker and Andrew Farncomb Join the Board of Directors
|By Marketwired .
|June 16, 2014 02:37 PM EDT
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/16/14 -- IDM Mining Ltd. (TSX:IDM) ("IDM" or the "Company") (previously Revolution Resources Corp.) is pleased to announce that David Parker and Andrew Farncomb were elected to the Board of Directors at the AGM held earlier today. Shareholders also re-elected Michael McPhie, Robert McLeod and Aaron Keay. Georg Hochwimmer did not stand for re-election; the Company is grateful for Georg's contributions and looks forward to continuing to work with him as a consultant.
"The addition of David Parker and Andrew Farncomb gives IDM two new strong, and enthusiastic Independent Directors," said Rob McLeod, President and CEO. "David is considered one of Canada's foremost leaders and authority in Social License and Sustainability in the mining industry, and Andrew brings strong corporate finance experience, based out of Toronto. We look forward to their contributions and oversight as we advance the Red Mountain Gold Project."
David Parker recently joined the Norman B. Keevil Institute of Mining Engineering at the University of British Columbia Faculty of Applied Science on a two year secondment as an Adjunct Professor and Executive in Residence. In addition to teaching in the graduate program, Mr. Parker is developing new programs and initiatives related to governance of the extractives sector, integrated resource management and sustainable livelihoods. He is also working closely with academia, the mining industry, civil society, and government to establish the recently announced Canadian International Institute of Extractive Industries and Development.
Mr. Parker was previously Vice President Sustainability at Teck Resources Limited and is currently on secondment. Over the 22 years that he has been with Teck, Mr. Parker has led and collaborated in several initiatives to advance Teck's approach to sustainability and has been particularly focused on creating mutually respectful and collaborative relationships with First Nations people in Canada. He has conceived and implemented a number of visionary initiatives, such as the Sullivan Round Table, a conference co-chaired by Teck, the City of Kimberley and the World Bank to examine best practices in mine closure. Mr. Parker was the inspiration for the Zinc Saves Kids program with UNICEF, which is active in saving children's lives in Nepal, Peru and India. He also developed Teck's role in the Vancouver 2010 Olympic Winter Games and chaired the Olympic Sponsor's Sustainability Initiative.
Mr. Parker has chaired the Mining Association of British Columbia and the International Council on Mining and Metals Social and Economic Development Task Force. He currently serves as a director on the boards of UNICEF Canada, the Mining Association of British Columbia, and Science World. His education includes a Bachelor of Business Administration degree from Acadia University, a Bachelor of Law degree from Dalhousie University and a Masters of Law degree from the University of British Columbia where he has served as an adjunct professor in environmental law.
Mr. Farncomb graduated from the Queen's University School of Business with a Bachelor of Commerce (Honours) degree. He is a founding partner of Cairn Merchant Partners LP, an independent merchant bank offering a full range of advisory services to public and private companies. Mr. Farncomb has extensive experience advising public and private companies on mergers, acquisitions and financing transactions, in the natural resources, consumer products, industrial, technology and media sectors. Mr. Farncomb was formerly a Partner and Investment Banking professional at Paradigm Capital Inc., a Canadian investment dealer. Mr. Farncomb sits on the Board and is Chair of the Investment Committee at the Flavelle Foundation.
Detailed results of the election of the directors are set out below:
Director Nominee Votes For % For Votes Withheld % Withheld
Aaron Keay 40,471,451 72.17 15,606,200 27.83
Robert McLeod 50,510,451 90.07 5,567,200 9.93
Michael McPhie 55,926,151 99.73 151,500 0.27
David Parker 994,700(ii) 100(ii) 0.0(ii) 0.0(ii)
Andrew Farncomb 994,700(ii) 100(ii) 0.0(ii) 0.0(ii)
(ii)Based only on shares that are present at the meeting, Management Proxy Appointee totals are not included.
Shareholders also determined the number of directors of the Company at five and re-appointed Davidson & Company LLP as the auditor of the Company.
Additional details will be provided in a Report of Voting Results to be filed on SEDAR.
The Company wishes to clarify its June 13, 2014 news release as follows. Of the 5,268,000 shares issued on June 13, 2014 in connection with the Company's Red Mountain option agreement, 4,955,500 common shares were issued to Seabridge Gold Inc. in satisfaction of an option payment and 312,500 common shares were issued as part of advisory fee units. The 250,000 common shares issued by the Company in settlement of outstanding debts were issued as part of 250,000 Common Units (as defined in the June 13 news release).
About IDM Mining Ltd.
IDM Mining Ltd. is mineral exploration company (TSX:IDM) based in Vancouver, BC, Canada. The Company's current exploration activities are focused on precious metals in British Columbia and the Carolina Slate Belt, USA. Further information can be found on the Company's website at www.IDMmining.com.
ON BEHALF OF THE BOARD of IDM Mining Ltd.
Robert McLeod, President, CEO and Director
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform.
In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 27, 2016 08:00 PM EDT Reads: 1,895
The IoT is changing the way enterprises conduct business.
In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
May. 27, 2016 07:45 PM EDT Reads: 2,845
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
May. 27, 2016 07:00 PM EDT Reads: 1,304
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
May. 27, 2016 07:00 PM EDT Reads: 1,288
SYS-CON Events announced today that Isomorphic Software will exhibit at SYS-CON's [email protected]
at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, high-productivity enterprise web applications for any device.
SmartClient couples the industry’s broadest, deepest UI component set with a java server framework to deliver an end-...
May. 27, 2016 07:00 PM EDT Reads: 2,147
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Commvault is a leading provider of data protection and information management...
May. 27, 2016 06:00 PM EDT Reads: 3,132
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures.
Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
May. 27, 2016 06:00 PM EDT Reads: 2,024
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
May. 27, 2016 05:15 PM EDT Reads: 352
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
May. 27, 2016 05:00 PM EDT Reads: 2,363
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future.
In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
May. 27, 2016 04:45 PM EDT Reads: 1,561
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
May. 27, 2016 04:45 PM EDT Reads: 2,174
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
May. 27, 2016 04:00 PM EDT Reads: 2,467
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
May. 27, 2016 03:30 PM EDT Reads: 2,187
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York.
“CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 27, 2016 03:30 PM EDT Reads: 1,116
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure.
The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
May. 27, 2016 03:00 PM EDT Reads: 415