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Rare Element Resources Names Lowell A. Shonk as Interim Chairman

Investing News Network
Feb. 26, 2015 08:58AM PST
Rare Earth Investing

Rare Element Resources Ltd. (TSX:RES) announced that following the resignation of Patrick M. James, chairman and director since 2014, the company’s board has appointed Lowell A. Shonk as interim chairman and will reduce the size of the board from eight to seven.

Rare Element Resources Ltd. (TSX:RES) announced that following the resignation of Patrick M. James, chairman and director since 2014, the company’s board has appointed Lowell A. Shonk as interim chairman and will reduce the size of the board from eight to seven.

As quoted in the press release:

Rare Element Resources Ltd. (TSX: RES), a mineral resources company advancing development of the Bear Lodge Critical Rare Earth Project located in northeast Wyoming, reported today that Patrick M. James, Chairman and Director since 2014, submitted his resignation to the Company, effective immediately, due to personal reasons.

Randall J. Scott, president and CEO, stated:

Pat, with over 45 years in executive roles within the mining industry, joined our board to share with us his insights on how to successfully transition from an exploration company to a rare earth producer. However, because of the professional he is, when Pat felt he was no longer able to give his full attention to this role, he made the choice to step down.

Click here for the full Rare Element Resources Ltd. (TSX:RES) press release

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