Business
Nortec Minerals appoints New President and Chief Executive Officer
(via TheNewswire) Vancouver, BC - The Newswire - August 7, 2019 - NORTEC MINERALS CORP...
About this update from Nortec Minerals Corp
[{"type":"text","content":"Nortec Minerals appoints New President and Chief Executive Officer(via TheNewswire)\n\n \nVancouver, BC - The Newswire - August 7, 2019 - NORTEC MINERALS CORP. (the \"Company\" or \"Nortec\") (TSXV:NVT): - Nortec is pleased to announce that Carlos Fernando Jaramillo Munoz, member of Nortec's Board of Directors, has been appointed as the new President and Chief Executive Officer, effective August 7, 2019. \n\n \n \nMr. Jaramillo has been serving as a Director of Nortec and General Manager of Nortec's Ecuador subsidiary, Normiecu S.A. since 2016. Mr. Jaramillo is a senior executive, based in Quito, Ecuador with extensive experience in the commercial, financial and administrative fields in well-known multinational and national companies in mining, automotive, and oil sectors. He has a Bachelor of Commerce degree from the Catholic University of Ecuador and a Diploma in Business Administration from ESCP Europe Business School, Berlin Campus. He also completed courses in Strategic Planning, Sales, Management and Leadership from INCAE Business School of Costa Rica and the University of California, Berkeley.\n\n \n \nMr. Jaramillo has strong business and social relationships with Ecuador government authorities, mining and oil companies in both the public and private sectors, and national and international financial institutions.\n\n \n \nNortec's Board of Directors welcomes Mr. Jaramillo as the President and Chief Executive Officer of Nortec. The Board believes this appointment will provide with leadership for exploration and development of its mineral exploration projects in a socially responsible and ecologically conscientious manner. Mr. Jaramillo has been granted 1,000,000 share purchase stock options for a period of 5 years, with each stock option being exercisable at a price of 5 cents per share.\n\n \n \nMr. Jaramillo succeeds Mohan R. Vulimiri as President and Chief Executive officer, as Mr. Vulimiri retired as an officer of Nortec. Mohan remains a member of the Board to facilitate a smooth transition for the new management team. The Board thanks Mohan for corporate and technical management services to the Company. Mohan will continue to assist in the technical evaluation and interpretation of Nortec's projects and projects Nortec may acquire. \n\n \n \nAbout Nortec Minerals Corp.\n\n \n \nNortec is a mineral exploration and dev...