SOURCE GOLD CORP. FILES (8-K) Disclosing Change in Directors or Principal Officers Edgar Online "Glimpses"
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
On March 25, 2014 , The Corporation appointed Edward Aruda , to the positions of the President, Treasurer, Secretary and as a Director, effective immediately.
The Board of Directors also accepted the resignation from Dhugald Pinchin from all capacities to the Corporation effective immediately. His resignation is for personal reasons and is not in connection with any known disagreement with the Company on any matter.
Edward J. Aruda , age 55, is the founder, President and a Director of Santa Rosa Resources Inc. , since its formation in 2007. He has much personal experience and leadership skills in the oil and gas industries, from the manufacturing of drilling equipment to the development of oil and gas properties. Mr. Aruda began his career in 1977 working for Smith Tool , a division of Smith International , a major manufacturer of oil and gas well drilling bits. In 1990 Mr. Aruda became involved in the investment banking and financing of oil and gas programs. Mr. Aruda worked as a Registered Representative of the NASD and previously held series 22, 6 and 63 licenses. He has overseen the successful financing and development of numerous oil and gas properties throughout the southwest.
There are no understandings or arrangements between Mr. Aruda and any other person pursuant to which Mr. Aruda was selected as a director. There is no family relationship between Mr. Aruda with any of our other officers and directors, or person nominated or chosen by the Company to become a director. There has not been any transaction or currently proposed transaction, in which the Company was or is to be a participant and the amount involved exceeds $120,000 , and in which Mr. Aruda had or will have a direct or indirect material interest since the beginning of the Company's last fiscal year.
