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Global Cobalt (V.GCO) welcomes new CFO as it waves goodbye to COO

Stockhouse Editorial
0 Comments| May 16, 2014

Global Cobalt (TSX:V.GCO, Stock Forum), a Vancouver-based exploration and development firm focused on cobalt and other strategic metals, announced today that the company had appointed Oleg Scherbina as its new CFO.
According to the new release, “Mr. Scherbina is a financial manager with broad experience in all aspects of accounting and financial management. He has direct experience within the mining, construction and oil/gas sectors in Russian and North America, and has been involved with numerous mining companies including Uranium One, Eureka Mining Plc and Bema Gold Corporation. Oleg has been instrumental for the development financial control and reporting systems for Global Cobalt, as well as the day-to-day financial operations of the company, including contract review, payroll, budgeting, and financial control development.”
Company president and CEO, Erin Chutter, commented, “I am very pleased by the Board's decision to appoint Oleg as an Officer of Global Cobalt. For the past three years as Corporate Controller Oleg has been an important member of our senior executive team and has proven his mining finance, operational accounting and capital market experience. The Board has a high level of confidence that given Oleg's existing knowledge of the Company that he will carry on the high standards in place as Global Cobalt continues to advance its Russian and North American assets.”
In other news, the company also said goodbye to its COO, Dr. Michael Hitch, who submitted his resignation due to his growing responsibilities as an Associate Professor at the Norman B. Keevil Institute of Mining Engineering, UBC.

FULL DISCLOSURE: Global Cobalt is a Stockhouse Publishing client.

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