Big Red Mining Corp. (CSE: RED) (FSE: K8J) Announces appointment of Dr. Andrew J. Ramcharan to its Advisory Board
Big Red Mining Corp. (CSE: RED) (FSE: K8J) Announces
appointment of Dr. Andrew J. Ramcharan to its Advisory Board
Vancouver, BC, January 4, 2021 – Big Red Mining Corp. (CSE: RED) (FSE: K8J) (the "Company" or
"Big Red") is pleased to announce the appointment of Dr. Andrew J. Ramcharan to its Advisory
Board. Dr. Ramcharan has an extensive background in exploration, project evaluation,
investment banking and corporate development spanning over twenty years. Dr. Ramcharan
recently was the Executive Vice President, Corporate Development for Roscan Gold Corp. where
he has been instrumental in raising over $40 million and a five-fold increase in market valuation
of over $100 million in 14 months.
In a similar role with IAMGOLD Corp as Manager of Corporate Development, Dr. Ramcharan was
involved with raising over $600 million in equity and over $800 million in project acquisitions. Dr.
Ramcharan has also held senior investment banking roles, includi ng Sprott Resource and
Resource Capital Funds, where he performed over 300 project evaluations and numerous debt
and equity financings valued over $1 billion.
Dr. Ramcharan holds a Ph.D. and M.Sc. in Mining Engineering and Mineral Economics, and
attended t he Colorado School of Mines, University of Leoben, and Harvard Busines School
Continuing Education Program. Dr. Ramcharan is a P.Eng in Ontario, a Registered Member of The
Society for Mining, Metallurgy and Exploration (SME) in USA, a Fellow of both The Au stralasian
Institute of Mining and Metallurgy (AusIMM) and The South African Institute of Mining and
Metallurgy (SAIMM).
Marketing and Investor Relations Agreement
Big Red has hired Simone Capital Corp. for Investor Relations services. Simone Capital, located in
Toronto Ontario, will provide Big Red with consulting services consisting of investor relations and
corporate communications using its propriety data base to contact, with information provided
by Big Red, stock brokers, portfolio managers, analysts , individual investors, newsletter writers
and media contacts. Simone Capital Corp. will be paid a monthly fee of $2,500 and has been
issued 150,000 stock options exercisable at $0.20.
Stock Options
Big Red has granted 350,000 stock options at an exercise price of $0.20 per share for a period of
5 years from the date of the grant.
About Big Red Mining Corp.
Big Red holds an option to acquire a 100% interest in the Dobie Lake Copper Project (the
“Property”) in Ontario, Canada. The Property is Located approximately 100 km from Sault Ste
Marie, Ontario. Highway 546 crosses the property and there are ATV trails covering most of the
property. The Property surrounds and covers Extensions of the Past producing Jentina Mine. The
Property comprises 131 claims totaling 6,500 Acres (26 Square kilometers). Big Red’s
management team possess extensive experience in financing, exploration, development and
mining. Big Red’s mission is to conduct future drilling campaigns on the Dobie Lake copper
property to maximize its minable resource potential.
WWW.BIGREDMINING.COM
On Behalf of the Board of Directors
Jag Sandhu, CEO and President 778-218-9638
The information in this news release includes certain information and statements
about management’s view of future events, expectations, plans and prospects that constitute
forward looking statements. These statements are based upon assumptions that are subject
to significant risks and uncertainties. Because of these risks and uncertainties and as a result of
a variety of factors, the actual results, expectations, achievements or performance may
differ materially from those anticipated and indicated by these forward looking statements.
Although Big Red believes that the expectations reflected in forward looking statements are
reasonable, it can give no assurances that the expectations of any forward looking statements
will prove to be correct.