InZinc Mining (IZN-V) June 22, '16 is pleased to announce the appointment of Mr. John Murphy to the Board of Directors of the Company effective June 21, 2016.
Mr. Murphy has over 25 years of investment banking experience in the mining sector. He recently retired as Managing Director of Investment Banking and Co-Head Mining and Metals at Raymond James Ltd. after 21 years with the firm. Prior to joining Raymond James, Mr. Murphy worked for more than six years at Swiss Bank Corporation (now UBS) in its corporate lending, restructuring and risk advisory activities. Mr. Murphy is currently a Director of Anfield Gold Corp and was a Director of Claude Resources prior to its recent acquisition by Silver Standard Resources. He has a degree in economics from the University of British Columbia and is a Chartered Financial Analyst.
“I am delighted to have Mr. Murphy join the Board of InZinc Mining,” stated Kerry Curtis, Chairman and Interim CEO of InZinc. “John brings a wealth of knowledge in corporate finance transactions and M&A activities. His reputation, broad skill set and extensive capital markets experience in the mining industry will serve the Company well as we focus on growth opportunities and building shareholder value.”
Issuance of Stock Options
InZinc announces the grant of stock options to purchase a total of 500,000 common shares of the Company for a period of five (5) years at an exercise price of $0.11 per share effective June 21, 2016. These stock options will vest as to 50% immediately and 50% on June 21, 2017.
About InZinc Mining Ltd.
InZinc owns a 100% interest in the West Desert zinc-copper-iron project located in western Utah. West Desert hosts a large and potentially expandable resource and benefits from all-weather road access, on-site grid power and proximity to natural gas transmission. It is located 90 kilometres (55 miles) from multiple transcontinental rail networks accessing all major North American markets and servicing a variety of western US ports. For more information please visit our website at www.inzincmining.com.
InZinc Mining Ltd.
| "Kerry Curtis? | | | _____________________________ | | | Kerry Curtis | For further information contact: | | Chairman and | Joyce Musial, Corporate Communications | | Interim Chief Executive Officer | Phone: (604) 317-2728 | | Phone: (604) 687-7211 | Email: joyce@inzincmining.com | | Website: www.inzincmining.com | |
