Business
Panoro Minerals Appoints Mr. Augusto Baertl to Board of Directors
VANCOUVER, British Columbia, May 15, 2017 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV:PML) (Lima:PML) (Frankfurt:PZM) ("Panoro", the "Company") is pleased to
About this update from Panoro Minerals Ltd.
[{"type":"text","content":"VANCOUVER, British Columbia, May 15, 2017 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV:PML) (Lima:PML) (Frankfurt:PZM) (\"Panoro\", the \"Company\") is pleased to announce the appointment of Mr. Augusto Baertl to the Board of Directors. Augusto is a very well known and highly experienced mining executive with over 50 years’ experience in the Peruvian and International Mining sectors. Mr. Baertl’s career in the mining sector began with the San Cristobal Mining unit of the Cerro de Pasco Corporation followed by a long tenure at Compania Minera Milpo where he rose to the role of President & CEO. Augusto was also President & CEO of Compania Minera Antamina where he led the $2.25 billion development of one of the worlds largest copper/zinc mines from exploration to start-up. He is a past member of the Board of Directors of many mining companies including Milpo, Atacocha, Huaron, Chungar, Corporacion Minera Castrovirreyna and Norsemont Mining in addition to serving on the boards of banking, engineering, construction and contract mining companies in Peru. In addition to his roles within the mining industry, Augusto has played an important role in many other industry and state level entities. He is a former Chairman of the SNMPE, IIMP, Petroperu, the Canada Peru Chamber of Commerce and the Peru Chapter of the Latin American Business Council. Augusto has recently been appointed as Chairman of the Board of Directors of Grana y Montero, a New York Stock Exchange listed and Peru’s largest Engineering and Infrastructure company. He is also currently a member of the Board of Directors of Chinalco International, Alturas Minerals, Fima and Stevia One. The Company has granted options to purchase 600,000 shares exercisable at a price of $0.20 per share to Mr. Baertl pursuant to the Company's stock option plan. “We are excited that Augusto has joined our Board. Augusto’s extensive experience including recent experience with the Toromocho Copper Project, acquired and built by Chinalco, and the Constancia Copper Project, acquired and built by Hudbay Minerals, will provide valuable insight into the advancement of Panoro’s Antilla and Cotabambas Projects towards feasibility,” stated William Boden, Chairman of the Company. About Panoro Panoro Minerals is a uniquely positioned Peru focused copper exploration and d...