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ScoZinc Announces Appointment of Mine Manager of Its Scotia Mine and VP of Investor Relations
COOKS BROOK, Nova Scotia, Oct. 07, 2019 (GLOBE NEWSWIRE) -- ScoZinc Mining Ltd. (TSX-V: SZM) (“ScoZinc” or the “Company”) is pleased to announce that it has app
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[{"type":"text","content":" COOKS BROOK, Nova Scotia, Oct. 07, 2019 (GLOBE NEWSWIRE) -- ScoZinc Mining Ltd. (TSX-V: SZM) (“ScoZinc” or the “Company”) is pleased to announce that it has appointed Mr. Jason Baker as its new Mine Manager of ScoZinc’s 100% owned Scotia Mine, and also appointed Mr. Candrea as its new Vice-President of Investor Relations. The President and CEO, Mr. Mark Haywood, stated “I am very pleased to welcome Jason Baker and Simion Candrea to ScoZinc. Both Jason and Simion are highly experienced and competent professionals who are expected to contribute enormously towards implementing the Company’s new strategies.” Mr. Baker brings with him over 20 years of Mining Industry related experience in both exploration and mining operations. He has previous experience with mining operational start-ups at the senior management level in Nova Scotia and holds a B.Eng in Mining Engineering from Dalhousie University. He has a strong technical background with extensive experience in NI 43-101 reporting at the Preliminary Economic Assessment, Pre-Feasibility Study and Feasibility Study levels. Prior to joining our Scotia Mine, Mr. Baker was a key member of management for a start-up operation in Nova Scotia that is now one of the world’s lowest cost gold producers. Mr. Candrea has 15 years of experience in the Mining Sector. Prior to joining ScoZinc, he worked in the investment banking groups of Jennings Capital Inc. and AltaCorp Capital Inc. During this time, Mr. Candrea advised senior management teams on numerous mergers and acquisitions and corporate finance transactions. He was responsible for originating, structuring, and executing buy and sell side M&A mandates as well as equity capital markets transactions. He has worked closely with various Natural Resources focused institutional investors, private equity firms, hedge funds and also family offices actively investing in the mining space. Mr. Candrea holds a BSc in Management. Pursuant to the Company’s Stock Option Plan, the Board of Directors has granted Mr. Baker 20,000 Stock Options in the Company at an exercise price of CDN$0.60 each. All Mr. Baker’s Options have a 5-year expiry term and vest in equal installments each year over a 3-year period. Additionally, the Board of Directors has granted Mr. Candrea 25,000 Stock Options in the Company as follows: 9,000 Option...