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KRY Crystallex's Thompson exits after Cristinas rejection
Tuesday, June 03, 2008 6:05 PM
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Crystallex International Corp (:KRY)
Shares Issued 294,670,845
Last Close 6/2/2008 $0.84
Tuesday June 03 2008 - News Release

Mr. Robert Fung reports

CRYSTALLEX PRESIDENT AND CEO TO RESIGN; BOARD APPOINTS INTERIM CEO AND PRESIDENT

Crystallex International Corp. president and chief executive officer Gordon Thompson has submitted his resignation in order to pursue personal interests. The Crystallex board has appointed Robert Fung executive chairman and CEO and Robert Crombie as president both on an interim basis.

Mr. Fung has served on the Crystallex board since 1996 and has been chairman of the company since 1998. Mr. Crombie joined the company in 2002 and has served as senior vice-president of corporate development since April, 2007.

"On behalf of the company and board of directors, we would like to thank Gordon for his dedication to the company, contributions, hard work and for his support," said Mr. Fung.

The company is continuing its efforts to advance the Las Cristinas project which will create significant employment, health care facilities and sustainable development for all Venezuelans, especially for the surrounding communities.

(Source: iStockAnalyst )



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