Beaufield
Resources Inc. (TSX VENTURE:BFD) is pleased
to announce the appointment of Mr. William
A. Lupien as an independent director of
the company subject to regulatory approval.
The Board of Directors has granted incentive
stock options to Mr. Lupien, to purchase
up to an aggregate of 400,000 common shares
in the capital stock of the Company exercisable
for a period of 5 years at $0.25 per share.
William A. Lupien has
been active in the securities industry
since joining the California-based brokerage
firm of Mitchum, Jones & Templeton
Inc. (MJT) in 1965. Mr. Lupien served
as Chairman and CEO of MJT, while also
a specialist on the floor of the Pacific
Stock Exchange for 17 years. He was a NASDAQ
market-maker for 5 years.
Upon leaving
MJT in 1983 Mr. Lupien served as President,
then Chairman and CEO of Instinet Corporation,
and was responsible for Instinet's move
into trading NASDAQ stocks prior to being
acquired by Reuters Plc.
Mr. Lupien has
served on numerous private and public
company boards including Mitchum, Jones & Templeton,
Instinet, National Health Enterprises,
Energy Metals Corporation, and others.
He also held a position as Trustee of
the Securities Industry Institute and the
Securities and Exchange Commission National
Market Advisory Board as well as being
a Governor of the Pacific Stock Exchange
for 6 years.
Mr. Lupien is currently
a private investor and a financial equity
market consultant. He is on the board
of directors of Uranium One (TSX:UUU),
Midway Gold Corp. (AMEX, TSX:MDW), Potash
One (TSX VENTURE:KCL), Aflease Gold Ltd.
(JSE:APO) and Skyler Technology Inc.
Mr.
Paul Carmel, President and Managing Partner
of MinQuest Capital Inc. has announced
his resignation from the board of directors
of Beaufield. Mr. Carmel has been a key
contributor to the revival of Beaufield
following reorganization approximately
10 years ago. His contribution to land
acquisition, financing and exploration
has been invaluable.
Beaufield is very
pleased that Mr. Carmel will remain active
as an advisor and as a continuing contributor
to the success of the company. |