Business
Sun Summit Appoints Brian Lock as Executive Chairman
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Sun Summit Minerals Corp. (TSXV: S...
About this update from Sun Summit Minerals Corp.
[{"type":"text","content":"Sun Summit Appoints Brian Lock as Executive ChairmanVancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that Brian Lock has been appointed Executive Chairman. Brian brings over 40 years of experience in the mining industry including engineering, construction, and operations in his roles as Chief Electrical Engineer of a German mining company, two Canadian consulting firms, and as President and owner of Proton Engineering and Construction, responsible for the development of numerous precious and base metal mines in many parts of the world. Brian has also held several positions as a director, Executive Vice-President, President and CEO of several public mining companies including Frontier Pacific Mining Corporation, Castle Peak Mining Ltd. and Scorpio Gold Corporation. He has been a director of Sun Summit for over 12 years and is a member of the Audit Committee and Chairman of the Corporate Governance Committee of the Board of Directors. For his services, Mr. Lock will be paid a monthly fee of $5,000 and an annual bonus as determined by the Board. \"We are very pleased to welcome Brian to the role of Executive Chairman,\" stated Sharyn Alexander, Sun Summit's President. \"Brian provides the Company with significant leadership experience in the mining sector and will work closely with our team to deliver shareholder value and put Sun Summit on track for future growth. We look forward to working with Brian in his expanded role.\"Additional Finder Fee paid to Haywood for Private PlacementSun Summit also announces that, in connection with its private placement that closed on May 10, 2023, it has paid Haywood Securities Inc. a finder's fee of $770 and 7,000 Finder Warrants (each exercisable for two years at a price of $0.165) for the sale of 100,000 NFT Units for which Haywood overlooked claiming its fee. See the Company's news release dated May 11, 2023, for further details.About Sun SummitSun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on expanding its gold, silver, and zinc discovery at its flagship Buck Project located in north-central British Columbia.Sun Summit is committed to environmental and social responsibility, with a focus on accountable development and building respectful and beneficial relationsh...