Monday 29 August 2011

African Queen Mines makes two senior appointments

African Queen Mines (CVE:AQ) announced on Friday it has made two senior appointments, including for a new CFO and director, as well as a VP of financial administration.
Mark Lotz will serve as the new CFO and director of the company, replacing Limor Rubin, who has resigned to pursue other interests as she re-locates overseas. Rubin will remain on as financial consultant for the company for one year.
Lotz is a chartered accountant, with more than 17 years of experience in the minerals sector and related securities business.
He has held CFO and other senior financial positions with many well known mining and exploration companies, as well as two Vancouver-based securities firms.
Prior to that, Lotz served as a financial compliance officer for the Vancouver Stock Exchange, after four years as a senior auditor with Coopers and Lybrand, focusing on the mining and tax sectors.
The second appointment is Jennifer Todhunter, who will now become VP of Financial Administration, having served as finance manager for the company since 2005.
Todhunter, who has spent the last 10 years working with publicly traded companies mostly within the mining industry, has knowledge in accounting and finance dealing.
"Jennifer has contributed significantly to our success over the years and we are delighted to recognize her contributions through this appointment,” said African Queen's CEO, Irwin Olian.
Vancouver-based African Queen is an exploratory resource company with diversified mineral properties in Southern West Africa. It is exploring its properties in Mozambique, Kenya and Ghana for gold and other metals.

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