Rainmaker Mining Corp. Announces Appointment of New President and CEO
19 Febbraio 2014 - 3:00PM
Marketwired
Rainmaker Mining Corp. Announces Appointment of New President and
CEO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 19, 2014) -
Rainmaker Mining Corp. ("Rainmaker") (TSX-VENTURE:RMG) is pleased
to announce R. D. (Rick) Patmore has joined the company as
President and CEO, effective immediately. He will also join the
Board of Directors.
Mr. Patmore has over 35 years of extensive, hands on field,
operational, and financial experience as a senior manager,
executive, and business owner in the oil and gas service industry.
He brings a vast array of knowledge, skill, and expertise in all
facets of oil field services, and has successfully negotiated the
sale and purchase of several companies in this industry. Mr.
Patmore has a proven track record of successfully building
companies that experience substantial growth in size and market
capitalization that are subsequently bought out by large TSX-listed
companies. Precision Drilling and Bonus Well services are two such
companies that have purchased assets developed by Mr. Patmore.
Mr. Patmore was president of Wellco Energy Services Trust where
he grew the company from 75 employees to 625 employees and
increased the market cap from $25 million to $160 million. Wellco
was was acquired by Peak Energy and later acquired by Clean Harbors
(NYSE) for $200 million. Mr. Patmore is currently Chairman of the
Board of Dynamic Directional Drilling another such company that has
experienced massive growth under his watch.
Throughout his career Mr. Patmore has played a pivotal role in
the start-up, growth, and sale of many companies. Mr. Patmore has
cultivated a solid network of industry contacts and has gained
comprehensive knowledge of the oil and gas services,
transportation, heavy equipment and rental sectors. These
attributes are optimal to lead and build Rainmaker into a fully
integrated player in the burgeoning North American Frac Sand
space.
Mr. Patmore has worked hard to earn a solid reputation in the
oil patch through his entrepreneurial spirit and a work ethic,
which has extended from the field to the boardroom. He has served
on the Board of six companies ranging in size from 10 to 625
employees over the past ten years and is currently Chairman of the
Board of a directional drilling company.
Concurrently, Harvey Smith has resigned from his position as
President and as a Director of the company. The Board wishes to
thank Mr. Smith for his contributions to Rainmaker.
About Rainmaker:
Rainmaker Mining Corp is a publicly traded company, on the TSX
Venture Exchange, focusing on the emerging frac sand supply
business. The company has options to acquire two highly prospective
properties in Alberta and Saskatchewan.
On Behalf of the Board of Directors, Rainmaker Mining Corp.
Chris M. Healey, P.Geo, Director
Neither the
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.
Rainmaker Mining Corp.Chris M. HealeyDirector(604) 921-1810(604)
921-1898
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