Clifton Mining Company (OTCBB: CFTN)
ALPINE, UT, Oct. 3, 2014 /PRNewswire/ - For some time the management of Clifton Mining Company has focused on filling previous vacancies in its board of directors. The focus has been two-fold. One is to have an outside board, with a majority of members not related to the founding family. The other is to add individuals who can contribute significantly to areas of particular interest to the company: (i) metallurgy, including microwave processing; (ii) biotechnology; and (iii) interests of potentially large investors. The board has selected three candidates, who will be voted on at the annual general meeting on November 14th. Their resumes follow.
Robert J Holladay - Born 1948, Highland Park, Michigan. Received BS in Chemistry and Physics from Brigham Young University 1972. Received MBA from BYU 1974. Officer and Director American Consolidated Mining Co, Alpine, Utah 1983 - 1993. Metallurgical Manager, Osprey Mining Co, LTD, Johannesburg, South Africa 1987 - 1990. Officer, Clifton Mining Company, Alpine, Utah 1993 - 2014. A Managing Director, American Silver, LLC 1998 - 2014. CEO, ABL Medical, American Fork, Utah 2011 - 2014. Married (1971), five children. Resides in Utah.
Clifford "Kip" Reid - Born 1947, Pecos, Texas. Professional golfer, Florida 1966-1968. Colorado Mountain College 1968-1970. Life insurance sales rep 1971-1973. General Manager sporting goods chain 1973-1977. President of Kip Reid Sports Sales Inc. 1977-1984. Licensed securities broker 1984-2011 and retired in 2011. Spent 30 plus years raising equity and working interest capital for the mining and oil & gas industries. Married 1969 with 2 children. Resides in Texas.
Larry M. Smith - Born 1927, Seattle, Washington. Joined Navy and was discharged in 1947. Graduated from the University of Washington in 1951 with a BS in Electrical Engineering. Joined Bell Laboratories in 1951 and worked most of the years in the Data Communications field. Obtained a MS in Math from Steven Tech. in 1957. Retired from Bell Labs after 39 years at the end of 1989. Formed LMS Consulting in 1990 and represented companies in International data communications standards bodies. Closed LMS Consulting in 1997. Married Patricia Hipp in 1953, two children, wife passed away in June of 2012. Resides in New Jersey.
Clifton trades on the U.S. OTC: (CFTN).
Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company's business prospects and performance.
SOURCE Clifton Mining Company
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