Pan American Fertilizer Corp. Provides An Update on its Corporate Restructuring
07.11.2014 | The Newswire
Vancouver, November 07, 2014 - Pan American Fertilizer Corp. (TSX.V: PFE, Frankfurt: 6GF) (the "Company" or "Pan American") provides an update to its corporate restructuring.As part of the Company's planned corporate restructuring, Mr. Sukhprit Sajan has resigned as CFO effective October 31, 2014 to pursue other interests. The Board and management of the Company wishes to thank Mr. Sajan for his dedication to the Company and to wish him well in his future endeavours.
To ensure a smooth transition, Mr. Alan Ahlgren has been contracted since October 1, 2014 to work with the management team through the restructuring, with the expectation that he would assume the role of CFO once the 2013 Year End Audit and first, second and third quarter unaudited financial statements for 2014 have been filed on SEDAR.
Mr. Ahlgren is a Chartered Professional Accountant, Chartered Accountant and has extensive experience having served as CFO and Corporate Secretary with AQM Copper Inc. from 2012-2013 and as CFO and Corporate Secretary with First Coal from 20008-2012 before the company was purchased by Xstrata Coal Canada. From 2006-2008, Mr. Ahlgren served as Vice President Finance with Kinross Gold Corp.. Mr. Ahlgren graduated from the University of Manitoba with a Bachelor of Commerce (Honours) in Accounting and Finance in 1979.
About Pan American Fertilizer Corp.
Pan American is a Canadian company dedicated to providing fertilizer to growing agricultural markets specifically in the Cono Sur of South America. The company is focused on the extraction of a specific type of fertilizer called calcium sulphate (also referred to as "Agricultural Gypsum") in Argentina. To ensure long term development and increase shareholder value, Pan American plans to significantly expand its current operational objectives while building its asset base by acquiring additional calcium sulphate properties and other fertilizer related assets and by expanding its markets to countries of the Cono Sur which neighbor Argentina, such as Paraguay, Uruguay, Chile and Brazil.
On behalf of the Board of Directors of Pan American Fertilizer Corp.
"Rob Rennie"
Dr. Rob Rennie, Executive Chairman
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