LNG Energy Ltd. announced that President and CEO, David Afseth and Dr. Robert Gayton have been appointed Directors of the Company at the Annual and Special Meeting held on April 14, 2011 along with David Cohen, Paul Larkin and Richard Green.
Dr. Robert Gayton graduated from the University of British Columbia (UBC) in 1962 with a Bachelor of Commerce and in 1964 earned the Chartered Accountant (C.A.) designation while at Peat Marwick Mitchell. Dr. Gayton joined the Faculty of Business Administration at UBC in 1965 beginning 10 years in the academic world, including time at the University of California, Berkeley, earning a Ph.D. in Business. Dr. Gayton rejoined Peat Marwick Mitchell in 1974 and became a partner in 1976, providing audit and consulting services to private and public company clients for 11 years. He has directed the accounting and financial matters of public companies in the resource and non-resource fields since 1987. He was Vice President of Finance with Western Silver Corporation from 1995 to 2004 and was a director of Western Silver Corporation (2004-2006), Bema Gold Corporation (2003-2007), Northern Orion Resources Inc. (2004-2007), and Doublestar Resources (2000-2007) each of which were “taken over”. Dr. Gayton is currently a director of Nevsun Resources Ltd., Amerigo Resources Limited, Palo Duro Energy Inc., B2Gold Corp., Quaterra Resources Inc., Western Copper Corp., Silvercorp Metals Inc. and Eastern Platinum Limited.
The Company has granted 7,180,000 stock options pursuant to its previously approved stock option plan to directors, officers, employees and consultants of the Company. The options are exercisable over 5 years at an exercise price of $0.59 per share.
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Source: LNG Energy, April 19, 2011;