Business
Element 29 Announces the Appointment of Steve Stakiw as CEO
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2022) - Element 29 Resources Inc. (T...
About this update from Element 29 Resources, Inc.
[{"type":"text","content":"Element 29 Announces the Appointment of Steve Stakiw as CEOVancouver, British Columbia--(Newsfile Corp. - March 31, 2022) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (\"Element 29\" or the \"Company\") is pleased to announce the appointment of Steve Stakiw as President, Chief Executive Officer and a Director of the Company. The appointment is effective April 11, 2022.Richard Osmond, Chairman, comments, \"On behalf of the Board and management team we are very excited to have Steve join and lead Element 29. His experience growing companies and working in Peru will enable the Company to continue its vision of developing low-cost, low-risk copper production opportunities in Peru.\" Steve Stakiw, incoming President & CEO, stated, \"I am very proud and excited to join Element 29 and look forward to working with the Board and strong technical team to maximize the potential of the Company's high-quality copper projects in Peru on behalf of all stakeholders. With 2022 developing as a year of significant milestones at both Elida and Flor de Cobre, I see strong opportunity to enhance the Company's market profile and valuation.\"Mr. Stakiw is an experienced executive and geologist with over 25 years in the mining sector, particularly in capital markets. As Senior Vice President, he was most recently a key member of the team at New Pacific Metals Corp. that is advancing a world-class silver deposit in South America and was also involved in the successful funding and spinout of its wholly owned subsidiary, Whitehorse Gold Corp., as a public company. Prior to that, he was Vice President of Investor Relations and part of the original team that successfully grew Trevali Mining Corp. from an exploration-stage company through development into a mid-tier base metal producer with four operating mines on three continents.In relation to the appointment, Mr. Stakiw has been granted 500,000 stock options in accordance with the Company's incentive stock option plan, subject to regulatory acceptance. The incentive stock options are exercisable at $0.59 per share for a period of five years.Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.About Element 29 Resources Inc.Element 29 R...