Business
Canterra Minerals Appoints Nicklas Coleman to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2023) - Canterra Minerals Corporation (TS...
About this update from Canterra Minerals Corporation
[{"type":"text","content":"Canterra Minerals Appoints Nicklas Coleman to Board of DirectorsVancouver, British Columbia--(Newsfile Corp. - June 7, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (\"Canterra\" or the \"Company\") is pleased to announce the appointment of Mr. Nicklas Coleman to the Board of Directors, sitting as an independent director. Mr. Coleman is a business leader and entrepreneur based in St. John's, Newfoundland and Labrador. Born and raised in Newfoundland and having spent most of his life in the province, Mr. Coleman has deep connections in the community, and a family history of entrepreneurship in Newfoundland. Mr. Coleman is currently the co-owner of Coleman Brothers, an investment holding company which holds diversified investments in personal care homes, commercial real estate and venture stage companies. Prior to focusing his efforts on Coleman Brothers, Mr. Coleman founded the BMO Private Banking group in Newfoundland, where he played a pivotal role in its growth in a billion-dollar wealth management business. Mr. Coleman was also recognized for his ability to attract top talent, inspire teams, and cultivate a client-centric culture that fostered an environment of both exceptional service and trust, solidifying a reputation as a leader in the industry. Mr. Coleman attended the Smith School of Business at Queen's University where he completed a Bachelor of Commerce (Honors) and further current and past industry designations. In recognition of Mr. Coleman's appointment as an independent director, the Board of Directors has granted Mr. Coleman 250,000 incentive stock options at an exercise price of $0.07 per share for a period of five (5) years from the grant date. Corporate UpdateThe Board of Directors has appointed Mr. Andrew Farncomb to the position of Chairman of the Board. Mr. Farncomb succeeds Mr. Randy Turner, who will remain on the Board of Directors as an independent director. Mr. Farncomb commented, \"We are particularly excited about the appointment of Mr. Coleman to the Board of Directors as we focus on expanding our critical metals mineral resources and further evaluate critical metals district consolidation opportunities in central Newfoundland.\" Furthermore, \"I want to express the Board of Directors' gratitude for Mr. Turner's leadership as Chairman and his continued dedication to the Company's p...