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10/2/09

Constitution Mining (CMIN.ob): This is, of course, bullish

I mean, when the President and CEO suddenly resigns for no apparent reason it can only be good for the company, right?

When it comes to CMIN.ob you'll remember me....cos I'm the one who warned you.

Link here, text below:

On September 25, 2009, Willem Fuchter resigned as our Chief Executive Officer, Principal Executive Officer, President and as a member of our board of directors. There was no known disagreement with Dr. Fuchter on any matter relating to the Company’s operations, policies or practices. On September 29, 2009, the board of directors appointed Gary Artmont (Age: 59) to act as President, Chief Executive Officer and Principal Executive Officer and hold these positions until removed by the board of directors.

Mr. Artmont has served on our Board of Directors since September 7, 2007. Previously, he served as our President, Chief Executive Officer and Principal Executive Officer from September 7, 2007 to January 10, 2008. Prior to that, he served as our Vice President, Exploration, from March 13, 2007 until September 7, 2007. In the late 1990s, as Indonesian-based chief geologist for Freeport-McMoRan, Mr. Artmont was responsible for the management and coordination of a large helicopter-supported regional reconnaissance program and detailed property evaluation program from 1989-1995. During the late 1990’s through until 2007, Mr. Artmont evaluated acquisition opportunities in Eastern Europe, South America, Southeast Asia China and Mongolia. His work focused on a wide range of commodities including gold, copper, iron, coal and nickel. During his career, Mr. Artmont has conducted over 150 site visits to producing mines located throughout the world. Mr. Artmont was a director of Pac Rim (PRL) from 2000 to 2006 and Prosperity Resources (PSP-ASX) from 2006-2008. Mr. Artmont is not a director or officer of any other reporting company at the present time

There are no family relationships between Mr. Artmont and any other of our directors or executive officers.
Mr. Artmont has not had any material direct or indirect interest in any of our transactions since the beginning of the Company’s last fiscal year or in any currently proposed transaction. At this time, we do not have any employment agreement with Mr. Artmont.