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Arcan Resources Appoints Three Board Members

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Arcan Resources Appoints Three Board Members

Arcan Resources Ltd. has announced the appointment of Mr. Lorie Waisberg and Mr. Henry Cohen to the Board of Directors of the Company, and the appointment of Mr. Waisberg as Chairman of the Board of Directors.

The anticipated appointment of Messrs. Waisberg and Cohen to the Board was announced previously in connection with the recent transaction pursuant to which all of Arcan's outstanding convertible debentures were exchanged for common shares. Their appointments coincided with the resignations of Michael Laffin and Robert Dales as directors.

Mr. Waisberg holds law degrees from the University of Toronto and Harvard University and had a distinguished 30 year career as a business law partner of Goodmans LLP in Toronto. This was followed by direct business experience as Executive Vice…

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