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Hana Mining Appoints New Chief Financial Officer |
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Friday, 06 May 2011 15:12 |
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Hana Mining Ltd. announced the appointment of Mr. Paul Taggar as the new Chief Financial Officer of the Company, effective as of May 3, 2011.
Mr. Matthew Kavanagh, the outgoing CFO, has resigned to pursue other opportunities. Mr. Taggar, a member of the Canadian Institute of Chartered Accountants, joins us from Fronteer Gold Inc. where he spent the last 5 years as Corporate Controller until the acquisition of Fronteer Gold by Newmont Mining Corp. for Cdn$2.3 billion in April 2011. Prior to Fronteer, Mr. Taggar worked as a manager for KPMG, LLP in their Vancouver and Silicon Valley offices in the audit assurance department. Mr. Taggar is a Chartered Accountant and has a BBA from Simon Fraser University. Mr. Taggar has been granted 250,000 incentive stock options exercisable at a price of $3.38 per share expiring on May 2, 2016. All securities issued upon exercise of the Options are subject to a hold period expiring four months after the date of grant. The subject Options will vest quarterly over 24 months, in 8 equal tranches, with the first tranche vesting August 2, 2011. The Options are subject to the terms and conditions of the Company's Stock Option Plan. |