Rangeford Resources Inc. (fka RGFR)

[roger wilco]

8K filed

http://ih.advfn.com/p.php?pid=nmona&article=67246611&symbol=RGFR

Section 5 – Corporate Governance and Management


Item 5.02. Departure of Directors or Principal Officers


On May 27, 2015, the Board of Directors notified Mr. Colin Richardson that the Company is not going to renew Mr. Richardson’s Corporate Officer Consulting Engagement Agreement (the “Agreement”), pursuant to which he serves as the Company’s President. The Agreement is to automatically renew for successive 12 months terms, unless previously terminated; the current 12 month term expires on June 30, 2015. The Agreement does not reflect the Company’s current business and financing plans and therefore the Board does not believe it would serve to help carry out such plans. The Board hopes to renegotiate the terms of Mr. Richardson’s employment and enter into a new and revised agreement that better aligns with the Company’s plans; however, there can be no guarantee that the parties will come to an agreeable solution.