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International Bethlehem Mining Corp — Board/Management Information 2021
Mar 9, 2021
44972_rns_2021-03-09_260f3c12-c082-42a1-bf32-ef118a373e2b.pdf
Board/Management Information
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FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
International Bethlehem Mining Corporation 2489 Bellevue Avenue West Vancouver, British Columbia V7V 1E1
(the “Company” or “International Bethlehem”)
Item 2 Date of Material Change
March 9, 2021
Item 3 News Release
Issued in West Vancouver, B.C. on March 9, 2021 and disseminated through the facilities of Market News and Stockwatch.
Item 4
Summary of Material Change
International Bethlehem Mining Corp. announces Officer and Director appointments.
Item 5 Full Description of Material Change
5.1 Full Description of Material Change
International Bethlehem today reported that Peter Berdusco has been appointed CEO, President and as a Director of the Company. Douglas Mason has recently resigned as CEO, of the Company, but remains a Director. The Company also announces that Scott Davis has been appointed CFO, and that Charles (Hugh) Maddin has resigned as CFO, but remains a Director.
Peter Berdusco is a senior executive officer and board member in the public and private sectors. Over the past 20 years he has applied his expertise to corporate restructurings, reverse-take-overs, board oversight, strategic planning, corporate management and project financing. The last ten-year years he has fulfilled the position of Chief Executive Officer for a number of junior resource companies that trade on the TSX Venture Exchange. During his tenure as CEO, he has successfully raised capital and financed mining projects in the Americas and in Africa.
Scott Davis is a partner of Cross Davis & Company LLP Chartered Professional Accountants, a firm focused on providing accounting and management services for publicly-listed companies. He has held several CFO positions with companies listed on the TSX Venture Exchange. Scott’s past experience consists of senior management positions, including Assistant Financial Controller with Appleby, Auditor with Davidson & Company LLP Chartered Professional Accountants and Accounting Manager with Pacific Opportunity Capital Ltd.
Peter Berdusco, CEO and President states, “Under the guidance of this new slate of management the Company will move forward to pursue and investigate potential new business opportunities and to raise capital to support such plans. I look forward to working with the Board to help guide International Bethlehem’s future.”
For further information, contact Peter Berdusco at 1.877.844.4661.
5.2 Disclosure for Restructuring Transactions
Not Applicable.
Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102
Not applicable
Item 7 Omitted Information
No information has been intentionally omitted from this form.
Item 8 Executive Officers
The name and business telephone number of an executive officer of the Company who is knowledgeable about the material change and this report is:
Douglas L. Mason, Chairman of the Board Telephone: (604) 922-2030
Further information may be obtained from Valerie Samson, Corporate Affairs for the Company at (604) 922-2030.
Item 9 Date of Report
This report is dated the 9th day of March, 2021.