TORONTO & MARSEILLE, France, June 6, 2013 /CNW/ - Foraco International
SA (the "Company" or "Foraco"), a leading global provider of mineral
drilling services, announced today changes to its Board of Directors.
Gonzalo Van Wersch and Jean-Paul Camus, after three and six years
respectively, have decided to leave the Board for personal reasons.
Mr. Camus was appointed to the Foraco Board during the company's IPO in
August 2007 and Mr. Van Wersch joined the board in May of 2010 with the
acquisition of Adviser.
"On behalf of the directors we wish to thank Mr. Camus and Mr. Van
Wersch for their valuable contributions and dedication as directors of
Foraco and we wish them the very best in their new projects" commented
Daniel Simoncini, Chairman and CEO of Foraco.
Director and Co-CEO Jean-Pierre Charmensat added, "Over the years both
directors have dedicated their time and efforts and helped guide the
company's growth into a Global provider of drilling services. We are
grateful for their past contributions to the leadership of Foraco."
The Foraco Board now consists of 5 directors who were elected at the May
22, 2013 General Meeting.
About Foraco International SA
Foraco International SA (TSX: FAR) is a leading global mineral drilling services company that provides a
comprehensive and reliable service offering in mining and water
projects. Supported by its founding values of integrity, innovation and
involvement, Foraco has grown into the third largest global drilling
enterprise with a presence in 23 countries across five continents. For
more information about Foraco, visit www.foraco.com.
"Neither TSX Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Exchange) accepts responsibility
for the adequacy or accuracy of this release."
Caution concerning forward-looking statements
This document may contain "forward-looking statements" and
"forward-looking information" within the meaning of applicable
securities laws. These statements and information include estimates,
forecasts, information and statements as to Management's expectations
with respect to, among other things, the future financial or operating
performance of the Company and capital and operating expenditures.
Often, but not always, forward-looking statements and information can
be identified by the use of words such as "may", "will", "should",
"plans", "expects", "intends", "anticipates", "believes", "budget", and
"scheduled" or the negative thereof or variations thereon or similar
terminology. Forward-looking statements and information are necessarily
based upon a number of estimates and assumptions that, while considered
reasonable by Management, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
Readers are cautioned that any such forward-looking statements and
information are not guarantees and there can be no assurance that such
statements and information will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results to
differ materially from the Company's expectations are disclosed under
the heading "Risk Factors" in the Company's Annual Information Form
dated April 2, 2013, which is filed with Canadian regulators on SEDAR (www.sedar.com). The Company expressly disclaims any intention or obligation to update
or revise any forward-looking statements and information whether as a
result of new information, future events or otherwise. All written and
oral forward-looking statements and information attributable to Foraco
or persons acting on our behalf are expressly qualified in their
entirety by the foregoing cautionary statements.
SOURCE: Foraco International SA
For further information:
Sonia Tercas, Manager, Investor Relations
Tel: (647) 351-5483