Pan American Fertilizer Corp. (TSX:V.PFE
, Stock Forum
) has a new Chief Financial Officer (CFO) in Sukhprit Sajan, the former VP Finance of the company.
Herrick Lau, who held the position since May 2012, switches to the PFE Advisory Board.
Sajan has previously worked in North and Central America, the Caribbean and Europe, in roles that included cash management and treasury functions, implementation of financial systems and controls, enhancement of policies and procedures, financial and management reporting, and team development, according to a press release
issued by the company.
Pan American provides fertilizer to markets such as South and Central America, focusing on the extraction of Argentinian calcium sulphate, or Agricultural Gypsum. The company is looking to aggressively expand
into other markets by acquiring other calcium sulphate properties and related assets.
The $2.5m market cap player recently completed a merger
with Golden Fame Resources (TSX:V.GFA, Stock Forum).
Despite positive news, the stock sits at a 52-week low $0.075.