McFarlane Lake Mining announces board changes
McFarlane Lake Mining Limited, a Canadian mineral exploration and development company, is announcing today changes to its board.
Guy Mahaffy has been a member of the board since the Company went public early last year. In addition to being a board member, Guy served as chairman of the Audit Committee and as a member of the Compensation Committee of the board. Guy is stepping down as a board member to pursue other opportunities. We want to thank Guy for his leadership and contribution to McFarlane over the last year. His knowledge of accounting practices and processes in the public markets helped McFarlane through its start-up early last year and now maturing as an operating public company.
Today, the Company also announces that Deborah Battiston (CPA) has accepted a position as a new member of McFarlane’s board. Deborah is a Chartered Professional Account and an ICD.D (“Institute of Corporate Director’s Director”) obtained from the University of Toronto’s Rotman School of Management. Ms. Battiston also holds a BA in Economics from the University of Guelph.
She has over 35 years of financial management experience, 24 of which are in the public company sector, with broad experience in the mining sector, having served as CFO and director of multiple mining companies. Her mining experience includes CFO of MX Gold Corporation, where Ms. Battiston saw the company through junior exploration into production in Val d’Or Quebec; Buffalo Coal Corp, an operating coal mine in South Africa; Afrique Gold, an operating gold mine in Côte d’Ivoire Africa; and Consolidated Thompson Iron Mines Limited, where she was CFO through to the pre-feasibility study on the expansion of the Bloom Lake iron ore project to 7 million tonnes of concentrate per year and the agreement with Cleveland-Cliffs Inc and Stelco Inc. to acquire a 71.4% interest in the Wabush Mines joint venture.
Mark Trevisiol, Chairman and CEO of McFarlane, added, “It was a pleasure working with Guy, and we wish him the best in his new endeavours. We welcome Deb to the McFarlane board and look forward to working with her as McFarlane continues its ongoing exploration and development programs on its gold properties.”
About McFarlane Lake Mining Limited
McFarlane is a mineral exploration company focused on the exploration and development of the High Lake mineral property located immediately east of the Ontario-Manitoba border and the West Hawk Lake mineral property located immediately west of the Ontario-Manitoba border. In addition, McFarlane holds the McMillan and Mongowin mineral property located 70 km east of Sudbury and owns the Michaud/Munro mineral property 115 km east of Timmins. McFarlane is a “reporting issuer” under applicable securities legislation in the provinces of British Columbia and Alberta.
