Everton Resources Inc. (EVR.V) announced that it has appointed Sabino Di Paola as new Chief Financial Officer effective today. Di Paola replaces Judith Mazvihwa-MacLean who has resigned her position as CFO today to pursue other interests.
Sabino Di Paola, is the President and owner of Accounting Made Easy Plus. Di Paola is a Chartered Accountant. He has close to a decade of experience in audit, finance and accounting while working as an auditor for international accounting firms such as PricewaterhouseCoopers and BDO Canada. He currently serves as the Chief Financial Officer of Undur Tolgoi Minerals Inc. He is also the Chief Financial Officer of Red Ore Gold Inc. which is a junior exploration company.
The Stock Option plan has been amended to increase the time allowed for directors, officers, consultants, or employees to exercise their options from 60 days to 12 months from the date they cease to be a director, officer, consultant, or employee of the company.
The company said it increased the maximum number of common share reserved for issuance under its stock option plan from about 11.69 million to 13.15 million, representing 10% of the outstanding common shares to date. The company noted that the options may be granted to the company's employees, officers, directors and persons providing ongoing services to the company, subject to regulatory approval.
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