Lasco Manufacturing Limited (LASM) – Resignation of Non Executive Director

Lasco Manufacturing Limited (LASM) has advised that Mr. Colin Maxwell resigned from their Board of Directors, effective June 1, 2018.

“Mr. Maxwell’s decision was due to an increase in his personal work load which would not have allowed him to devote enough time to carry out his responsibilities as a director of the Company and as Chairman of the Audit committee,” LASM stated.

“Please note that there were no accounting or auditing issues that impacted Mr. Maxwell’s decision to resign as Audit Committee Chairman” LASM further stated.