Hudson Announces Appointment of Herb Wilson to Board
08 11월 2012 - 4:45AM
OTC Markets
HUDSON RESOURCES INC. (“Hudson” or “the Company” – TSX-V: “HUD”,
OTCQX: “HUDRF”) is pleased to announce the appointment of Mr.
Herbert (“Herb”) G.A. Wilson, B.Sc., F.I.Q. to its Board of
Directors. Mr. Wilson has over 30 years of experience in the
development and operation of construction materials and industrial
minerals operations and will provide valuable guidance for the
development of Hudson’s White Mountain Anorthosite Project in
Greenland. The anorthosite is a calcium feldspar mineral comprised
of aluminum, silica and calcium with potential industrial
applications in fiberglass feedstock, alumina production and
fillers for paints and plastics.
Mr. Wilson is currently the President and CEO of Polaris Minerals
Corporation, a TSX listed company engaged in the operation and
development of quarries principally supplying construction
aggregates by ocean going vessels to California and Hawaii from the
northeast coast of Vancouver Island, BC. Mr. Wilson joined Polaris
Minerals in 2001, prior to which he was President of United States
Lime & Minerals Inc., a NASDAQ-listed public company producing
lime products and construction materials from limestone quarries
located in the south-central United States. From 1992 to 1998 he
was a founding director and Executive Vice-President and Chief
Operating Officer of Global Stone Corporation, a Toronto-listed
public company producing construction aggregates and lime
products.
James Tuer, Hudson’s President stated: “We are very pleased to
welcome Herb to our board as we advance our White Mountain
Anorthosite Project in Greenland. Herb’s extensive career in
industrial mineral projects including the design, construction and
management of major producing companies will be an excellent
addition to our board. His experience in logistics and bulk
shipping will be important as Hudson negotiates off-take agreements
and logistics to get the calcium feldspar product to end users in
the high end E- Glass Fiber industry and industrial filler markets
in Europe, North America and Asia.”
In connection with the appointment, the Company has granted to Mr.
Wilson 125,000 incentive stock options. The options are exercisable
at $0.36 per share and have a term of five years, subject to the
policies of the TSXV.
BY ORDER OF THE BOARD OF DIRECTORS
"James Tuer"
James Tuer, President
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