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Battery Mineral Resources Strengthens Board and Management with New Appointments
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2021) - Battery Mineral Resources Corp...
About this update from Battery Mineral Resources Corp
[{"type":"text","content":"Battery Mineral Resources Strengthens Board and Management with New AppointmentsVancouver, British Columbia--(Newsfile Corp. - April 5, 2021) - Battery Mineral Resources Corp. (TSXV: BMR) (\"Battery\" or the \"Company\") is pleased to announce that Martin Kostuik has been appointed as the Company's new Chief Executive Officer (\"CEO\") and as a Director of the Board. Mr. Laz Nikeas will continue to serve as Executive Chairman of the Board.Commenting on the new appointments, Laz Nikeas, Executive Chairman, said: \"On behalf of everyone at the Company, I would like to welcome Martin to the BMR team. The Board conducted a comprehensive search for the CEO role, and we believe that in Martin, we have found a CEO who combines extensive analytical and financial skills, as well as managerial and strategic talents. Martin's proven track record in working with developing mining companies will be invaluable as we continue to advance our corporate strategy.\"Mr. Kostuik (B.Sc., MBA) is a mining engineer and senior executive with 28 years of diversified experience in the mining industry. Mr. Kostuik joins the Company from Arizona Gold Corporation where he served as President and Director of the Board for the last four years. Mr. Kostuik established and executed the business, operating and funding plan to determine the feasibility of placing the Copperstone mine into production. On the heels of an early successful marketing effort in North America and Europe, he was able to organize an equity financing which helped launch the Company back into commercial activity and concluded with forming and executing a plan to place the Copperstone Mine into production. He then formed relationships with several project funding groups that culminated in a strategic partnership with a major mining-centered capital funding group which is providing a key portion of the project financing required for the re-start of the Copperstone mine.Prior to that, Mr. Kostuik was with Luna Gold Corporation where he was Senior Vice President of Operations and Development, responsible for operations, development, capital projects, environmental, government and community relations. He helped to reorganize existing financing and obtain new financing to maintain debt covenants and protect solvency. In a staged manner, Mr. Kostuik safely brought the Aurizona gold project from ful...