Friday, June 6, 2008

CMM Corporate Message & Governance?

Register your displeasure with Margaret Kent if you agree that she has failed to uphold the ideals set forth in the Corporate Message and Corporate Governance statements below that were taken from the Century Mining web site.

Send an email or write to William Sheridan, Secretary to the Century Mining board of directors. Request that he circulate your correspondence to all Directors. If you are at all concerned, express your concern immediately and demand that she be removed. We are not a 16 cent/share company. Immediate termination could result in 2-3 fold share price increase.


Confidential Shareholder Concern
Century Mining Corporation
c/o William Sheridan
Lang Michener LLP
BCE Place, 181 Bay Street, Suite 2500
P.O. Box 747
Toronto, ON M5J 2T7 Canada

wsheridan@langmichener.ca



Corporate Message

Century Mining is an emerging Canadian mid-tier gold producer with operations in Canada and Peru. Century's corporate strategy is to locate, acquire and develop properties with previously discovered, yet undervalued mineral assets into operating mines. The Company is aggressively building a property portfolio of past gold producers with significant exploration potential. In addition to increasing production and reducing cash costs at its operations, the Company will carry out exploration programs to increase reserves and resources.

Century is committed to increasing shareholder value through economic organic growth at its core operations and by accretive acquisitions. Century’s management is dedicated to maintaining world class standards at its mining operations and in the communities in which it operates.



Corporate Governance

Century is committed to the highest standards of corporate governance practices. The Company adheres to guidelines for effective corporate governance as published by the Toronto Stock Exchange, and continually reviews its practices to ensure that its standards are in compliance with required regulatory regimes.

Century’s Board of Directors comprises seven persons, four of whom are considered independent of management. The directors are experienced in business, mining and finance and bring a skill set to ensure that the Company is compliant with corporate governance standards. The Board is chaired by the President and Chief Executive Officer. Specific charters and guidelines have been developed by the Board and by its various committees that set out their roles and responsibilities.

2 comments:

roxy14 said...

Consider it done......again.

bigjohn37 said...

Thanks for your excellent suggestion, Natik. Consider it done...
Don't you just love the magnanimous statement about how CMM is "committed to increasing shareholder value..."!!??? (like blowing millions on Peruvian misadventures, etc).

On another point, I wonder why Don MacDonald is leaving the ship? Maybe in anticipation of wide shareholders' rebellion? Or class-action lawsuits?