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Arak Resources names new CFO

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Arak Resources names new CFO

Arak ResourcesLtd. said July 7 that James Henderson has stepped down as CFO and adirector.

Henderson will be replaced by Kathryn Witter, the company'scorporate secretary and controller.

In addition, the company noted that it has appointed RaymondWladichuk to be an independent director as Michael Shmazian also resigned fromthe board.