Monday, December 24, 2007

Brian Dobbin resigns Newfound directorships

Newfound has announced that company president Brian Dobbin will be stepping aside from his position effective Dec. 31st. In the press release, the company, which owns Humber Valley Resort near Corner Brook, announced Dobbin “will be resigning his Newfound directorships, to pursue personal interests.”

The company said Dobbin’s shareholdings in the company “are unaffected and existing restrictions on the disposal of shares remain in effect.” In addition to the locally well-known Humber Valley project, Newfound has other resort projects in Nevis and St. Kitts. On Dec. 13th, two other Newfound directors provided much-needed working capital for the company.
View press release

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