Azimut appoints Jacques Simoneau as Director
08 Maggio 2012 - 3:25PM
PR Newswire (Canada)
Symbol: AZM.TSX Venture LONGUEUIL, QC, May 10, 2012 /CNW Telbec/ -
Mr Dennis Wood, Chairman of the Board of Azimut Exploration Inc
("Azimut") , is pleased to announce the appointment of Dr Jacques
Simoneau to the company's Board of Directors, effective
immediately. Dr Simoneau brings a broad experience in business
financing and a strong business development vision. Dr Jacques
Simoneau is a Corporate Director with a comprehensive experience in
investment, venture capital and technology. He has been recently
appointed President and CEO of Univalor, a limited partnership
founded in 2001 whose mission is to accelerate the transfer to
industry of the results of research undertaken by researchers from
the Université de Montréal, its affiliated schools and most of its
affiliated hospitals. He was Executive Vice President Investments
at the Business Development Bank of Canada ("BDC") from 2006 to
2010. Prior to that, he was President and CEO of Hydro-Québec
CapiTech Inc, Senior Vice-President of the Fonds de solidarité
FTQ and CEO of Société Innovatech du sud du Québec. He also
held executive positions at Advanced Scientific Computing and
Alcan. Dr Simoneau is a director of Transat A.T. and of Sustainable
Development Technology Canada. He serves on the scientific
committee of the Centre québécois de recherche et de
développement de l'aluminium and on the advisory committee of
the Université de Montréal's faculty of medicine. Dr Simoneau
was a member of the Conseil de la science et de la
technologie du Québec from 2004 to 2011, and was also
director of three other public companies and ten private companies
between 1995 and 2010. Jacques Simoneau is a mechanical engineer.
He holds an MSc from Laval University and a PhD from Queen's
University. He is a member of the Ordre des ingénieurs du
Québec and the Professional Engineers Ontario, and is certified
ICD.D by the Institute of Corporate Directors. Other Azimut board
members are Dr Jean-Marc Lulin, Mr Jean-Charles Potvin, and Mr
Louis P. Salley. Azimut has granted a total of 395,000 stock
options to its directors, officers, employees and consultants. Of
this number, 350,000 have been granted to its directors and
officers and 45,000 to its employees and consultants. These options
have an exercise price of $0.45 per share and are exercisable
during a 10-year period. Azimut is a mineral exploration company
using cutting-edge targeting methodologies with the objective of
discovering major ore deposits. Azimut holds the largest mineral
exploration portfolio in Quebec, including key properties for gold,
copper, uranium and rare earth elements. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release AZIMUT
EXPLORATION INC. CONTACT: Jean-Marc Lulin, President and CEOTel.:
(450) 646-3015 - Fax: (450) 646-3045info@azimut-exploration.com
www.azimut-exploration.com
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