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Endeavour Mining closes acquisition of Avion Gold
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18th October 2012
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TORONTO (miningweekly.com) – In line with growing its business as a result of closing the C$389-million acquisition of West African miner Avion Gold, TSX-listed Endeavour Mining on Thursday said it had expanded its board from seven to eight members, making room for Avion president and CEO John Begeman and former chairperson James Coleman.

In order to make room for the new appointments, Endeavour said director Martin Reed had resigned from the board.

In addition to chairperson Michael Beckett, Endeavour's board of directors now comprised of Neil Woodyer, Jorge Gamarci, Wayne McManus, Mark Connelly, Dr Antony Harwood, Begeman and Coleman.

Endeavour also announced that, effective October 29, Morgan Carroll would be appointed as general counsel and corporate secretary. Carroll joined Endeavour in 2008 and is an attorney in the State of New York, and a solicitor in England & Wales.

The company said Avion would be delisted from the TSX “in due course”.

Endeavour Mining’s shares listed on the Toronto exchange traded 4.4% lower on Thursday afternoon at C$2.39 apiece.

Edited by: Creamer Media Reporter

 

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Picture by: Reuters