Sacre-Coeur hires Martohardjono as refinery manager
2010-01-15 07:54 AT - News Release
Mr. Gregory Sparks reports
SACRE-COEUR MINERALS ENGAGES ARDITO MARTOHARDJONO AS REFINERY MANAGER AT MILLION MOUNTAIN
Sacre-Coeur Minerals Ltd. has entered into an agreement to engage Ardito Martohardjono as its refinery manager in Guyana, South America. Mr. Martohardjono has been a director of the company for in excess of five years and will continue to serve on the board.
Mr. Martohardjono has 20 years of experience in the mineral exploration service industry with a number of companies, including Bondar Clegg Canada Ltd. and ALS Chemex. Mr. Martohardjono will receive $4,000 per month in fees as compensation for his services in this capacity.
In connection with Mr. Martohardjono's engagement as refinery manager, the company has granted him, subject to any necessary regulatory approvals, additional incentive stock options to purchase up to 25,000 shares. The options are exercisable for a term of three years at a price of 90 cents per share.
According to Gregory B. Sparks, chief executive officer of the company, "We are pleased to have someone with Mr. Martohardjono's experience and integrity looking after this critical element in our alluvial gold production process."
We seek Safe Harbor.