CopperBank Announces Appointment of Tony M. Ricci as Chief Financial Officer and Shares for Debt Issuance
FOR IMMEDIATE RELEASE November 23, 2015 (CBK 2015 - NR #3)
CopperBank Announces Appointment of Tony M. Ricci as Chief Financial Officer and Shares for Debt Issuance
Vancouver, Canada – November 23, 2015 – CopperBank Resources Corp. (“CopperBank” or the “Company”, CSE.CBK) is pleased to announce the appointment of Tony M. Ricci as Chief Financial Officer of the Company.
Mr. Ricci is a director of the Company and is a Chartered Professional Accountant (“CPA”) with over 25 years of experience, mainly with public companies listed on Canadian and U.S. stock exchanges. Mr. Ricci was formerly a director and CFO of Keegan Resources Inc. (TSX: KGN, NYSE: KGN), a director and CFO of Norsemont Mining Inc. (TSX:NOM), and CFO of both Petaquilla Minerals Ltd. (TSX:PTQ) and Petaquilla Copper Ltd., companies with a combined market capitalization approaching $2 billion. He is also a director and officer of various other listed companies and was formerly with KPMG and AMEC Engineering Inc.
Concurrently, the Company wishes to announce the resignation of Jamie Lewin and thank him for his contributions to the Company during its amalgamation and beginning.
Shares for Debt
The Company has issued 2,666,666 common shares for debt, at a price of $0.045, to both the CEO and Executive Chairman of the Company for settlement of fees owed.
On behalf of CopperBank Resources Corp.
“Gianni Kovacevic”
Executive Chairman
Address: Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2 Tel: 604-889-0852 E-mail: [email protected] Website: www.copperbankcorp.com
Certain information in this release, including regarding the listing of the CopperBank Shares and Arrangement Warrants on the CSE and commencement of trading of securities of CopperBank, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although CopperBank believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. For more information on each of CopperBank and the risks and challenges of its businesses, investors should review the information circular dated September 12, 2014 and its other continuous disclosure filings that are available under CopperBank’s profile at www.sedar.com.