CFO Moves in Canada this week include:

Adex Mining Inc.	Innovative Composites International Inc.	Hodgins Auctioneers
Penfold Capital Acquisition IV Corp.	Warnex Inc.	Stetson Oil & Gas Ltd.
FairWest Energy Corporation	NexGen Energy Ltd	St. Joseph Communications

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase International). Samuel can be reached by email at s.dergel@stantonchase.com or by phone at +1 (514) 907-0925.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Adex Mining Inc. (TSX-V: ADE) announced that Doug Bolton has been appointed as the Interim Chief Financial Officer (“CFO”) of the Company. During his career in public accounting, Mr. Bolton spent over 25 years as a partner in an audit firm whose primary focus was the auditing of reporting issuers, which are involved in the extractive industries and listed on the TSX Venture Exchange.

Innovative Composites International Inc. (TSX-V: IC) announced that Sam Greiss has resigned as Chief Financial Officer and as a director of the company.

Hodgins Auctioneers (TSX-V: HA) announced the appointment of Scott G. Janke as Chief Financial Officer, replacing Karen Ingram.

Penfold Capital Acquisition IV Corp. (TSX-V: SEL) announces that Leslie Markow has resigned as CFO of SLM Logistics Corp.  The Company has engaged Paul Haber to be the Interim Chief Financial Officer.  Paul Haber is a Chartered Accountant and has served as the CFO of various TSX and TSX-V listed companies.

Warnex Inc. (TSX-V: WNX.H) announced that Jean Vézina, the Company’s interim Chief Financial Officer agreed to step down. Furthermore, Sean Karamchandani has been appointed as Director and will replace Mr. Vézina as the Company’s interim Chief Financial Officer until further notice.

Stetson Oil & Gas Ltd. (TSX-V: SSN) announced the appointment of Paul Bozoki as the Chief Financial Officer. Since October 2010, Mr. Bozoki has served as Chief Financial Officer of several junior resource companies listed on both the TSX and the TSX-V. The appointment of Mr. Bozoki follows the resignation of Sam Yik as Chief Financial Officer of Stetson.

FairWest Energy Corporation (TSX-V: FEC) announced that Marion Mackie has resigned as Chief Financial Officer of FairWest, however, pursuant to a court Order, Mrs. Mackie has been appointed as the Chief Restructuring Officer (“CRO”) for FairWest.

NexGen Energy Ltd. (TSX-V: NXE) announced that it has appointed Andriyko Herchak as Chief Financial Officer. Mr Herchak was most recently the Chief Financial Officer of Hathor Exploration Ltd. Mr Herchak replaces Bethany Kitto whose contribution to NexGen during its start-up phase has been greatly appreciated. Mrs Kitto will continue providing accounting support, reporting to Mr Herchak.

St. Joseph Communications noted the retirement of Tim Zahavich as CFO. Kin-Man Lee has been appointed as the new CFO. Mr. Lee was formerly CFO of Sun Media Corporation as well as Publisher & CEO of the Toronto Sun newspaper.