Monday, February 28, 2011

Canadian CFOs on the Move - week ending February 25, 2011

Companies with CFOs on the move this week include: Argentum Silver Corp., Eaglewood Energy Inc., Panoro Minerals Ltd., Blue Note Mining Inc., Alacer Gold Corp., Compton Petroleum Corporation, Exile Resources Inc., Redstar Gold Corp., Softchoice Corporation, Otish Energy Inc., Mxi® Technologies, Belzberg Technologies, Inc., Canadian Imperial Venture Corp.

Argentum Silver Corp. (TSX-V: ASL) announced that following the closing of its Qualifying Transaction, it has announced that Simon Anderson has been appointed as Chief Financial Officer. Mr. Anderson is the Chief Financial Officer of Arco and is President of S2 Management Inc., a private Vancouver-based company providing financial consulting and corporate advice to private businesses and public companies listed in Canada and the United States. He has served as an officer and director of several companies and has experience in the process of public listing of private companies.

Eaglewood Energy Inc. (TSX-V: EWD) announced that Arlene Weatherdon has resigned as the Company's Chief Financial Officer. She has agreed to remain in a consulting role as long as her services are required. Diana Moes, Eaglewood's Controller, will become interim CFO, taking over many of Ms Weatherdon's duties.

Panoro Minerals Ltd. (TSX-VE: PML, BVLAC: PML, FRANKFURT: PZM) announced the appointment of David W. Huber as Chief Financial Officer, replacing Michael Kerfoot. Prior to joining Panoro, Mr. Huber spent over six years in the Cayman Islands providing CFO and Corporate Secretarial services for the reinsurance industry. He also spent over five years with KPMG in the Cayman Islands and PricewaterhouseCoopers in Edmonton, Alberta.

Blue Note Mining Inc. (TSX-V: BNT) announced the appointment of Daniel Bortoluzzi as Chief Financial Officer in replacement of Robert Therriault who has left the Company. Mr. Bortoluzzi has been the Company's corporate controller since October 2008 and has over fifteen years of experience working with private and public mining and manufacturing companies. Previously, Mr. Bortoluzzi has served as corporate controller of Campbell Resources, Zemex Corporation and Lorbec Metals, and was a manager at Samson BĂ©lair Deloitte & Touche.

Alacer Gold Corp. (TSX: ASR) announced the appointment of Douglas Tobler as Chief Financial Officer. Prior to joining Alacer (formerly Anatolia Minerals) in 2004, Mr. Tobler was president and founder of Falcon Strategic Partners where he provided advisory services to a number of mining, oil & gas, distribution and technology companies.

Compton Petroleum Corporation (TSX: CMT) announced the departure of Leigh Cassidy, Vice President, Finance and Chief Financial Officer ('CFO'). Theresa Kosek, has been appointed to the position of Vice President, Finance and CFO upon Mr. Cassidy's departure. Ms. Kosek has over 16 years of experience in the petroleum industry in roles of increasing responsibility for finance and corporate matters. She has been with Compton for over 11 years and most recently served as Controller for the Corporation. Prior to this, Ms. Kosek was employed by Grant Thornton LLP, providing financial and valuation advice to a number of small to mid-sized petroleum clients. She also serves on the Board and is Treasurer of Lunchbox Theatre.

Exile Resources Inc. (TSX-V: ERI) announced that it has appointed Darren Moulds as the Company's new Chief Financial Officer. Mr. Moulds replaces Graham Warren who has resigned from the management team and will be leaving the Company to pursue other opportunities. Mr. Moulds has held previous management positions including Chief Financial Officer of Africa Oil Corp. and Financial Controller of Upstream Operations for Centurion Energy International Inc. (Dana Gas).

Redstar Gold Corp. (TSX-V: RGC) announced the appointment of Alec Peck as Chief Financial Officer. Mr. Peck takes over from Paddy Nicol, who has been with Redstar since 1995 serving as a director from 1999 and as its CFO since 2003. From 1986 until 1993, he was a partner in Toronto and then Vancouver with member offices of the international public accounting firm Horwath International. From 1993 until March, 2004, he was a vice-president in the corporate finance group of publicly listed full-service investment dealers, first with CM Oliver and then Canaccord Capital Corp., which acquired CM Oliver.

Softchoice Corporation (TSX: SO), announced the appointment of Bill Linton to Chairman of the Softchoice board. Mr. Linton is the Vice President, Finance and Chief Financial Officer of Rogers Communications Inc. Mr. Linton has held various executive level positions throughout his career. In addition to senior roles in finance at SHL Systemhouse Inc., Rogers Wireless and Rogers Cable, Mr. Linton managed the sale of Prior Data Services Inc., to X-wave Solutions while serving as Prior Data's Chairman and Chief Executive Officer.

Otish Energy Inc. (TSX-V: OEI) announced that Iqbal Boga has joined the Company, replacing Chris Hobbs as CFO and Director. He is currently the CFO, Secretary and a director of Taku Gold Corp. (TSX-V: TAK). Mr. Boga was a sole practitioner with I. J. Boga, Chartered Accountant from 1993 to August 2007. He has acted as a director, Chief Financial Officer and Corporate Secretary for various Exchange-listed companies. Mr. Boga was an officer and director of four capital pool companies, all of which have completed Qualifying Transactions.

Mxi® Technologies (www.mxi.com) announced the appointment of Scott Helmer to the role of Chief Financial Officer (CFO). Mr. Helmer brings over 15 years of experience to the role of CFO having previously held senior finance positions with both public and private technology companies in the communications and information security markets. Prior to joining Mxi, Mr. Helmer served as CFO of Galazar Networks and held senior finance roles with ActivCard, Alcatel, and Newbridge Networks.

Belzberg Technologies, Inc. (TSX: BLZ), following a definite agreement to merge itself with Frontline Technologies Corp. through an acquisition of Frontline by Belzberg. The combined entity, will operate under the Frontline brand name. David Evans of Belzberg will continue as VP Finance.

Canadian Imperial Venture Corp. (TSX-V: CQV, Frankfurt: DFM) announced the appointment of Tina Ricketts as Chief Financial Officer and Corporate Secretary for CIVC.

If you have news about CFOs on the move, or any comments on this feature, please email us.

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