Dejour Enterprises Names 2 New Board Directors
Dejour Enterprises announced that at the Annual Meeting of Shareholders held on October 17, 2008, the shareholders elected Richard Patricio and the Board appointed Robert Holmes to the Company's Board of Directors.
This brings the total number of directors to 7, of whom 4 are independent. The shareholders re-elected the current members of the Board, ratified the existing stock option plan, and re-appointed Dale Matheson Carr-Hilton LaBonte, Chartered Accountants, of Vancouver, British Columbia, as auditors of the Corporation.
Robert Holmes, 64, began as an Investment Executive with Merrill, Lynch, Pierce, Fenner & Smith, and held various senior executive positions with the firm Blyth, Eastman, Dillon & Company (purchased by Paine Webber & Co.). In 1980, Holmes co-founded Gilford Securities, Inc., a member of the NYSE, and in 1992 founded a hedge fund, Gilford Partners.
Holmes has served on several boards including the North Central College Trustees in Naperville, IL; Board of Trustees Sacred Heart Schools Chicago; Crested Butte Academy in Crested Butte, CO; and Mary Wood Country Day School in Rancho Mirage, CA. He graduated with a BA from North Central College in 1965.
Holmes said, "I am pleased to join the board of this exciting company and look forward to helping Dejour Enterprises realize its significant potential."
Richard Patricio, 34, is Vice President Corporate & Legal Affairs and Secretary of Brownstone Ventures Inc.(one of Dejour's major shareholders) Prior to joining the Company, Patricio practiced law at a top tier law firm in Toronto and worked as in-house General Counsel for a senior TSX listed company. Patricio is a lawyer qualified to practice in the Province of Ontario. Richard will also join Dejour's audit committee.
Patricio said, "I am excited to be joining Dejour's Board of Directors. The Company is at a very interesting stage in its development. With the Peace River Arch properties in Canada producing more than 630 BOE per day, Dejour has become more than just a large land play; it’s a rapidly growing producer of natural gas and oil."
Dejour Chairman & CEO Robert L. Hodgkinson said, "We are very pleased to have professionals of this pedigree and talent join our board. They will be invaluable in providing direction and serving the interests of all shareholders as the Company continues to grow."
In addition, Dejour announced that Dr. Marc Bustin and Dr. Lloyd Clark have moved from the Board of Directors to the Company's Board of Advisors. Hodgkinson stated, "Both Dr. Bustin and Dr. Clark have provided Dejour with invaluable technical advice and support over the past years and I am very pleased they wish to continue to contribute as advisors."
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