By: Drake Management
Drake Gold Resources Inc. Interim Chief Financial Officer Thomas Conar resigned from his position with the Company. He will cease all duties to the Company, effective immediately.
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Tuesday, June 17, 2008
President John Marconette Resigns
By: Drake Management
President and Director John Marconette respectfully resigned from all activities and positions held with Drake Gold Resources Inc. His decision was motivated partly by health issues, but primarily in order to facilitate his desire to focus solely on mining operations. Mr. Marconette will continue to represent Drake’s Georgia interests through his involvement with Southern Mining (SME).
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President and Director John Marconette respectfully resigned from all activities and positions held with Drake Gold Resources Inc. His decision was motivated partly by health issues, but primarily in order to facilitate his desire to focus solely on mining operations. Mr. Marconette will continue to represent Drake’s Georgia interests through his involvement with Southern Mining (SME).
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Friday, June 6, 2008
Drake Management Institutes Internal Review To Improve Company Compliance Plan
Under suggestion of recent additions to the Board of Directors, Drake Gold Resources management team has initiated a comprehensive review of all material business actions and dealings. While previous Drake officers have done an exemplary job building the company, a commitment by management to ensure success compels the implementation of strategies, including those related to audit preparation and filings. In an effort to provide full compliance with all governmental and industry regulations, Drake management intends to conduct a comprehensive review of all company policies, transactions, agreements, and material decisions made by officers and management.
Chief Operating Officer, James Goularte states, "Currently Drake management maintains a policy of fiscal discipline and diligence in all company matters. In this light, we remain committed to performing a thorough internal review of our policies, actions, and material business to ensure full regulatory compliance and success in all future endeavors."
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Chief Operating Officer, James Goularte states, "Currently Drake management maintains a policy of fiscal discipline and diligence in all company matters. In this light, we remain committed to performing a thorough internal review of our policies, actions, and material business to ensure full regulatory compliance and success in all future endeavors."
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