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Bankers Appoints Grant Dempsey as President and COO and Announces Strategic Relationship Initiatives
VANCOUVER, British Columbia, May 02, 2018 (GLOBE NEWSWIRE) -- Bankers Cobalt Corp. (TSXV:BANC) (FSE:BC2) (OTCQB:NDENF) (the “Corporation” or “Bankers”) is pleas
About this update from Magma Silver Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, May 02, 2018 (GLOBE NEWSWIRE) -- Bankers Cobalt Corp. (TSXV:BANC) (FSE:BC2) (OTCQB:NDENF) (the “Corporation” or “Bankers”) is pleased to announce the appointment of Grant Dempsey as President and Chief Operating Officer and discloses strategic relationship initiatives in the Democratic Republic of Congo (DRC). Stephen Barley will remain as Chairman and CEO. Grant Dempsey Highlights: Mechanical and Electrical Engineer with over 40 years of experience in all aspects of mining with 13 years’ experience in the DRC One of the most respected senior mining executives in the DRC with strong relationships within the DRC mining community Up until this appointment, was the technical advisor to the Board of Directors of Gecamines, the DRC government owned mining company President of Boss Mining (located 3 kms from the Bankers’ Kabolela project) and Frontier operations owned by Eurasian Resources Group from June 2015 to December 2016 where he was instrumental, through plant expansion, in increasing copper cathode production by 70% and reducing operating costs by 42% CEO of Shalina Resources’ Chemaf project from April 2012 to August 2013 where he was responsible for implementing all required processes and certifying resources, satisfying due diligence requirements for the sale of the organization September 2010 to March 2012 was simultaneously, Managing Director of Metorex DRC, Ruashi Mining and Kinsenda owned by Metorex (Pty) Limited and created Ruashi Mining from exploration through to construction, financing and operations. Included was the construction and operation of a Flotation Plant, Acid Plant, Solvent Extraction and Leach Plant, producing both cobalt and copper Recipient of the Gold Medal of Merit from the government of the DRC for adding positive sustaining value to the country Kevin Torudag, President of Bankers DRC states, “We are extremely pleased to have a person with Grant’s background and integrity join Bankers. Grant understands every aspect of mining in the DRC from exploration through to operating and financing of projects. He has an extensive network of relationships at all levels in the mining sector and will be a driving force behind our strategic initiatives. The dynamics in the cobalt and copper space in the DRC are undergoing a rapid change. Land speculation is escalating, and with a lim...