Kennady Diamonds appointed Dr Rory Moore to the positions of president, CEO and director of Kennady Diamonds with effect from May 1, 2016. Dr. Moore will succeed Patrick Evans who has been president and CEO since the Company’s incorporation in 2012.
Jonathan Comerford, chairman of Kennady Diamonds, commented: “Over the past six months the Company has advanced the governance separation of Kennady Diamonds from its former parent Mountain Province Diamonds with the appointment of two new independent directors. The appointment of a new president and CEO who is independent of Mountain Province is the next key step in this process.”
Kennady Diamonds has awarded Dr. Moore stock options to purchase up to 200,000 common shares of its capital stock at a price of $3.30 per share, exercisable for a period of ten years.