EDMONTON, ALBERTA–(Marketwired – July 31, 2015) – Athabasca Minerals Inc. (“Athabasca” or the “Corporation”) (TSX Venture:ABM) announce today that Douglas M. Stuve and William A. Kanters have resigned from the Athabasca Board of Directors effective July 31, 2015. Mr. Stuve served as a director of Athabasca from June 2010. Mr. Stuve served the Company in a number of roles while on the Board, including Chairman of Board, Chairman and member of the Audit Committee, and Chairman and member of the Compensation, Corporate Governance and Nominating Committee. Mr. Kanters served as a director from July 2012. Mr. Kanters was a member of the Audit Committee and Chairman and member of the Compensation, Corporate Governance and Nominating Committee.
The Board of Directors and management would like to thank Mr. Stuve and Mr. Kanters for their valuable contributions to the Company while serving on the Board of Directors and wish them well in their future endeavours.
The Board of Directors for Athabasca is now comprised of five individuals (previously seven), consisting of Mr. Elzinga, Mr. Kriangkum, Mr. O’Connor-Parsons, Mr. Peck, and Mr. Bereznicki. Certain committees of the Board of Directors have been realigned with the departures.
About Athabasca Minerals
The Corporation is a resource company involved in the management, exploration and development of aggregate and silica sand projects. These activities include contracts works, aggregate pit management, aggregate production and sales from corporate-owned pits, new aggregate development and acquisitions of sand and gravel operations, and development and supply of frac sand for Western Canada. The Corporation also has industrial mineral land holdings for the purpose of locating and developing sources of industrial minerals and aggregates essential to high growth economic development.
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
The securities of Athabasca have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.