Vancouver-based Millennial Potash Corp. (MLP) announced on March 6 that Rick Lacroix has joined the company’s Board of Directors. Lacroix most recently served as a director for Allana Potash Corp. in Toronto, Ont., and was also a director at Millennial Lithium Corp., Vancouver, B.C.
He previously spent more than 30 years with Potash Corp. of Saskatchewan, including as Senior Vice President, and was also a former director of Canpotex and former Chairman of Canpotext Bulk Terminals. Lacroix has a B.S. in Electrical Engineering from the University of Saskatchewan.
“We are very pleased that Mr. Rick Lacroix has decided to join the Millennial Potash Board,” said Farhad Abasov, who was appointed Chairman of the Board for MLP in February (GM Feb. 10, p. 27). “We are looking forward to Rick’s contributions to our Board as we accelerate our exploration and development activities at our Banio Potash Project in Gabon.”
MLP also announced that it has granted a total of 100,000 incentive stock options exercisable for a period of five years at an exercise price of $0.50 per share. In addition, the company said it has elected to terminate its option on the Mohave Gold Project and has provided a notice of termination to M3 Metals Corp.