| Item 5.02 | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers |
On November 15, 2009, David Grant resigned as a member of the board of directors of Amazon Goldsands Ltd. There was no known disagreement with Mr. Grant on any matter relating to the Company’s operations, policies or practices.
On November 17, 2009, the board of directors appointed Ken Phillippe (Age: 56) to act as President, Chief Executive Officer, Principal Executive Officer, Chief Financial Officer, Secretary and Treasurer and hold these positions until removed by the board of directors.
Mr. Phillippe previously served as the Company’s Secretary, Treasurer, Chief Financial Officer and Principal Accounting Officer from October 2006 to September 2008. Mr. Phillippe is a Chartered Accountant with over 25 years experience working with public companies in the capacities of director, officer, financial advisor or consultant. Mr. Phillippe obtained a Bachelor of Commerce degree from the University of British Columbia in 1976. He articled with Thorne Riddell (now KPMG) and obtained his professional accounting designation in 1981. In 1982, Mr. Phillippe established his own accounting practice. Between February 2000 and August 2005 he served in various positions including director, officer and chair of the audit committee of MDX Medical Inc., a Vancouver-based medical device company. Between January and December 2006, Mr. Phillippe served as chief financial officer of Columbia Goldfields Ltd., a junior gold mining company that is a reporting company under the Exchange Act. Since March 2006, Mr. Phillippe has served as Chief Financial Officer of Exchequer Resource Corp. (TSX-V (NEX)). Since October 2006, Mr. Phillippe has served as Chief Financial Officer and Secretary of Bold Ventures Inc., which was listed on the TSX-V on October 29, 2007. In addition, Mr. Phillippe has served as the Secretary, Treasurer, Chief Financial Officer and Principal Accounting Officer of Constitution Mining Corp. since May 14, 2009 and previously held these positions from December 13, 2007 to August 20, 2008. There are no family relationships between Mr. Phillippe and any other of our directors or executive officers.
Mr. Phillippe has not had any material direct or indirect interest in any of our transactions since the beginning of the Company’s last fiscal year or in any currently proposed transaction. At this time, we do not have any employment agreement with Mr. Phillippe.
