Buffalo Gold names Douglas to board
2004-03-31 14:57 ET - News Release
Mr. John Tully reports
APPOINTMENT OF NEW DIRECTOR
Tracy Moore has resigned from the board of directors and David Douglas has been appointed to the board to fill the vacancy created by Mr. Moore's resignation, effective Feb. 29, 2004. Buffalo Gold would like to take this opportunity to thank Mr. Moore for his acting as a director.
The company is pleased to have Mr. Douglas join the board. Mr. Douglas has spent over 20 years in the accounting, corporate finance and investment industries as an auditor, analyst and investment adviser. He has also served as a director of several private and public companies. Prior to establishing his own consulting practice, Mr. Douglas was a senior corporate finance analyst with a regional brokerage firm where he managed numerous public company transactions and financings. Mr. Douglas is a graduate of the commerce (finance) program at the University of British Columbia and is a chartered accountant.
Review by TSX Venture Exchange
As a result of a recent review by the TSX Venture Exchange, the exchange has determined that the company has contravened certain of the exchange's policies and requirements which were then applicable. As a result, the company has been put on formal notice by the exchange that it must comply with NEX (and exchange) polices and requirements in the future.
Reinstatement for trading
The company advises that it has now complied with the conditions required by the exchange for the reinstatement of trading. As a result, the exchange has advised the company that its shares will recommence trading on NEX as of the opening on April 2, 2004.
The company intends to continue actively seeking resource properties of merit.