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Thursday, May 25, 2017 2:56:16 PM
Resignation of Director and Executive Officer
On May 16, 2017, Carl Ager resigned as a director of Searchlight Minerals Corp. (the “Company”), effective immediately. Mr. Ager also alleged that he was terminated as Vice President, Secretary and Treasurer without cause by the Company as a result of the Company’s failure to pay his salary, which he believes constitutes a material breach of his employment agreement. The Company disputes this allegation. Further, Mr. Ager has informed the Company that his resignation as a director was due to material disagreements with the management of the Company.
Wahhhh.....poor Mr. Ager.
Is this thing finally coming to an end?
Mining Company Research Board http://investorshub.advfn.com/boards/board.aspx?board_id=21803
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