Business
Element 29 Appoints Country Manager, Peru
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2021) - Element 29 Resources Inc. (TSX...
About this update from Element 29 Resources, Inc.
[{"type":"text","content":"Element 29 Appoints Country Manager, PeruVancouver, British Columbia--(Newsfile Corp. - April 8, 2021) - Element 29 Resources Inc. (TSXV: ECU) (FSE: 2IK) (\"Element 29\" or \"E29\" or the \"Company\") is pleased to announce the appointment of Ricardo Labó as the Company's Country Manager for Peru, effective immediately.Brian Booth, President & CEO of Element 29 comments, \"We are excited to have someone with Ricardo's extensive experience join the Element 29 team. His depth of experience working throughout Peru's mining sector will be invaluable as we advance our two highly prospective porphyry copper projects.\"Mr. Labó is a mineral economist with over 20 years industry experience in Peru, Latin America, and Africa. He is currently mining partner at LQG Energy and Mining Consulting, General Manager of LQG Ambiental and Executive Director of the Australia Peru Chamber of Commerce. He has held several high-level positions in the Ministry of Energy and Mines of Peru including Vice Minister of Mines, Advisor to the Minister of Energy and Mines as well as Director of Mining Promotion and Development where he successfully promoted responsible mining exploration and development investment in the country. In the private sector, he held several senior positions at Rio Tinto, Roche, Phelps Dodge and Grupo Apoyo, provided strategic advisory and consultancy services to several international mining companies and institutions, and was a board member of several private and state-owned mining and energy companies. He also lectures, publishes and is an opinion leader related to the mining industry. Mr. Labó is a Peruvian Chartered Economist from Universidad del Pacifico (Peru), with an MSc. in Mineral Economics from Colorado School of Mines (US), an LLM in Mineral Law and Policy from CEPMLP, University of Dundee (Scotland, UK) and an MBA from Adolfo Ibañez School of Management (Chile and US).Stock Option GrantsIn conjunction with the appointment, Mr. Labó has been granted incentive stock options to purchase 150,000 shares in the capital of the Company at a price of $0.445 per share, expiring five years from the date of grant, pursuant to the terms of the Company's Stock Option Plan. The options are subject to vesting provisions.Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is def...