Cerro Mining (CRX.H-V) New Director, Officers
June 2nd 2020 - NR
Andrew Bowering has been appointed as a director of Cerro Mining Corp.'s board of directors, and has also been appointed as president and chief executive officer. He replaces Jason Birmingham, who has resigned as director, president and chief executive officer, effective today's date.
The Company also wishes to announce that Simon Anderson has been appointed CFO of the Company. He replaces Xavier Wenzel, who has resigned as CFO effective today's date.
Mr. Bowering is a venture capitalist with 30 years of operational experience and leadership in mineral exploration and development. He has had involvement in a number of companies engaged in the pursuit of precious, base and industrial metals from early exploration through to production. Mr. Bowering has owned and operated drilling companies for the past 20 years. Mr. Bowering has served as an officer or director of public companies on the TSX Venture Exchange, the TSX main board and the American Stock Exchange including Millennial Lithium Corp, and Prime Mining Corp. Mr. Bowering earned his BA from the University of British Columbia.
Mr. Anderson is a Chartered Professional Accountant (CPA, CA) with a broad range of public company experience in Canadian and US markets. For more than twenty years, he has worked in the financial management of public companies, ensuring that public disclosure meets current standards and planning and implementing acquisitions and divestitures. Previously, Mr. Anderson was a partner with an international accounting and consulting firm practicing in the areas of business valuation and mergers and acquisitions. Mr. Anderson earned his BComm from the University of British Columbia. Mr. Bowering and Mr. Anderson are, respectively, President / CEO and CFO of Prime Mining Corp.
The Company intends for the foreseeable future to focus on the following: (i) identifying and acquiring a mineral resource property (or an interest in one) or some other business or operating asset (an "Active Business"); and (ii) organizing its affairs such that it would be reactivated (the "Reactivation") and its listing transferred from the NEX Board of the TSX Venture Exchange to Tier II or Tier I of the TSX Venture Exchange. Any Reactivation, if completed, would involve at a minimum acquiring an Active Business and may also involve seeking additional financing, settling current debts of the Company, changes in management and other corporate changes. Any Reactivation, including any acquisition of an Active Business, would be subject to the approval of the TSX Venture Exchange.
On Behalf of the Board of Cerro Mining Corp.
"Andrew Bowering "
per
Andrew Bowering , CEO & President
For further information, please contact:
Cerro Mining Corp.
Sharon Lewis
Tel: 604-662-3230
Email: slewis@shawcable.com |