Intrepid Mines Limited: Executive Chairman Temporary Remuneration Package
13.09.2013 | Marketwire
BRISBANE, AUSTRALIA--(Marketwired - Sep 13, 2013) - Intrepid Mines Ltd. ("Intrepid", the "Company") (TSX:IAU)(ASX:IAU) advised on 8 August 2013 that the Chairman Mr Ian McMaster AM would assume the role of Executive Chairman for the period until a new CEO is appointed.
The key terms of Mr McMaster's appointment have now been finalised and are as follows:
| Term: | Initially 3 months from 1 September 2013 and then subject to monthly review (if required). |
| Salary: | $30,000 per month plus superannuation at 9.25%. |
| Short Term Incentives: | The Board at its discretion may award a short term incentive bonus on completing or demonstrably advancing recovery of value in Indonesia. |
The search for a new CEO has progressed with a short list of candidates subject to final interview.
Contact
Interpid Mines Limited - Brisbane, Australia
Ian McMaster
Executive Chairman
+61 7 3007 8011
imcmasrter@intrepidmines.com
Interpid Mines Limited - Toronto, Canada
Greg Taylor
+905 337 7673 or Mobile: +416 605 5120
gtaylor@intrepidmines.com
www.intrepidmines.com