In order for the Audit Committee to meet the requirements for member independence as prescribed by securities regulators, Georgina Martin, Executive Vice-Chair is no longer a member of the Audit Committee.
The Audit Committee now consists of Tom Stefan (Chair), Randy Hayward and Cornelius O'Connell. In connection with Mr. Stefan's appointments, he has also stepped down as CFO of the Company.
In addition, Darb Dhillon, the Company's Controller, has been appointed Vice President, Finance and will assume Mr. Stefan's financial accounting, reporting and budgeting management role.
Jemi Fibre is a Western Canadian based forest products company. Jemi Fibre's operations consist of private timberlands and Crown forest licenses, a full service contract logging division, a sawmill producing high value lumber products and wood treatment facilities producing posts and lumber for agricultural use.
