Posted by Katie Woodward - OilVoice
Select Sands Corp. (TSX VENTURE:SNS)(OTC PINK:CLICF) is pleased to announce that David Giannini will be joining the Company's Board of Directors as an independent director.
David Giannini is an investment banker registered with Scarsdale Equities LLC working from both Houston, Texas and Ottawa, Ontario. David has over 30 years experience in the investment business.
Prior to joining Scarsdale Equities in 2006, he spent nearly ten years with Sanders Morris Harris in institutional sales, after stints with Jefferies & Company, Inc., Simmons & Company International also in Houston, and seven years with Kidder Peabody & Co. Incorporated in New York. In recent years he has specialized in oil & gas, metal mining, and related industries. Mr. Giannini graduated with a B.A. and LL.B. from Western University, and an LL.M. from the London School of Economics. He was raised in Canada and still plays hockey.
'David Giannini's knowledge and background in the U.S. oil and gas industry and his deep contacts in the industry were invaluable in helping Select Sands with their recent private placement financing. His experience will help provide advice and direction to Select Sands in their role within the U.S. oil and gas industry and will help Select Sands to connect with U.S. institutions,funds investors, and analysts,' commented Rasool Mohammad, Company President and CEO. 'We are very pleased to have David on our team.'
Mr. Giannini's appointment is effective immediately but remains subject to TSX Venture Exchange approval.
Mr. Giannini has been granted 300,000 options under the Company's option plan. Each option is exercisable into one common share at an exercise price of Cdn$0.90 at any time on or before the fifth anniversary of its issuance. One half of such options will vest on the six month anniversary of the issuance date with the remainder vesting on the 12 month anniversary of the issuance date.
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