William R. MacNeill, Chairman of the Board of Claude Resources Inc. (TSX;CRJ) announces that Arnie Hillier, Chief Executive Officer and Chief Financial Officer is retiring from his Executive positions with the Corporation effective March 1, 2004.
At that time, Neil McMillan, currently President of Claude, will also assume the responsibilities of Chief Executive Officer. Rick Johnson, Corporate Controller, will become Vice President Finance and Chief Financial Officer.
Mr. Hillier will remain as Vice Chairman of the Board and member of the Executive Committee of the Board of Directors on an ongoing basis.
Statements contained in this document which are not historical fact, are forward looking statements which involve risk and uncertainties which could cause actual results to differ materially from those expressed in the forward looking statements. Such factors include: volatility and sensitivity to market prices for gold and foreign currency, competition, environmental risks, and receipt of permits and approvals from government authorities.
| Neil McMillan President 306.668.7505 306.668.7500 Fax info@clauderesources.com |
| Renmark Financial Communications Inc. 514.939.3989 514.939.3717 Fax |
Neil Murray-Lyon nmurraylyon@renmarkfinancial.com Edith English eenglish@renmarkfinancial.com Media: Dominic Sicotte dsicotte@renmarkfinancial.com |
| Claude Resources Inc. 200, 224 - 4th Avenue South Saskatoon, Saskatchewan S7K 5M5 306.668.7505 P 306.668.7500 F |
Toronto Stock Exchange Trading Symbol CRJ |
