Viscount Mining Corp (TSE:VML) (OTCQB:VLMGF), a silver and gold exploration company, announced Thursday that its chairman was stepping down.
Kaare Foy is resigning for health reasons, but will remain a member of the company’s advisory board.
Grant Devine, a member of the board and former Premier of Saskatchewan, will step in as interim chairman.
Devine was elected premier in 1982 after serving in parliament, and governed until 1991. While in power, he oversaw the privatization of Potash Corp, which became the world's largest producer of potash, a potassium compound, and third largest producer of nitrogen and phosphate. Cameco, the world’s largest publicly-traded uranium company, also privatized under his watch.
Devine also served on the board of agricultural company Agrium for ten years.
Viscount Mining is a project generator with a portfolio of sites including Silver Cliff in Colorado and Cherry Creek in Nevada. Its stock was unchanged at C$0.19.
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