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first bauxite corp (FBX) Details

First Bauxite Corporation, a natural resources company, is engaged in the acquisition, exploration, and development of bauxite deposits in Guyana, South America. The company holds interests in the Bonasika project, which consists of Bonasika 1, Bonasika 2, and Bonasika 5 blocks covering a total area of 3.8 square kilometers; and Bonasika 6 and Bonasika 7 blocks covering a total area of 39.6 square kilometers located to the southwest of Georgetown, Guyana. It also has interests in the Tarakulli property that consists of 2 prospecting licenses covering an area of approximately 10,000 hectares located in north eastern Guyana; and the Essequibo-Demerara project located in the coastal bauxite belt of Guyana. The company was formerly known as Academy Ventures Inc. and changed its name to First Bauxite Corporation in December 2008. First Bauxite Corporation was incorporated in 2003 and is headquartered in Toronto, Canada.

Founded in 2003

first bauxite corp (FBX) Top Compensated Officers

Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$73.5K
Compensation as of Fiscal Year 2013.

first bauxite corp (FBX) Key Developments

First Bauxite Corporation Announces Management Changes

First Bauxite Corporation announced that effective immediately Mr. Alan Roughead has replaced Mr. Hilbert Shields as President and Chief Executive Officer of FBX. Alan brings over 25 years of experience in the industrial minerals industry focused on operations, marketing and finance. Alan has been a Non Executive Director of FBX since August 2012 and will relocate to Toronto in October 2014 to take up his new role. Alan's role with the Corporation will include leading the development and implementation of the Corporation's strategic plan, and optimisation of the Corporation's substantial resource base to produce and sell sintered bauxite refractory and ceramic proppant products. A key function will be securing project financing for the development and construction of the Corporation's high quality bauxite resource.

First Bauxite Corporation, Annual General Meeting, Apr 17, 2014

First Bauxite Corporation, Annual General Meeting, Apr 17, 2014., at 16:00 US Eastern Standard Time. Location: offices of Gowling Lafleur Henderson LLP. Agenda: To consider the audited financial statements for the financial year ended September 30,2013 and the auditors' report thereon; to consider the election of directors for the ensuring year; to consider the appointment of auditors for the ensuing year and authorizing the directors to fix their remuneration; and to transact such further or other business as may properly come before the meeting or any adjournment.

First Bauxite Corporation Announces Executive Changes

First Bauxite Corporation appointed Mr. Larry Washow as a Non-Executive Chairman of the Board, Mr. Washow was acting as an Interim Non-Executive Chairman of the Board since August 29, 2013. In addition First Bauxite announced that Mr. George Bennett has resigned as its Chief Operating Officer.


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