CopperBank Shareholders Overwhelmingly Approve Long Term Incentive Plan at Special Meeting; Leadership Team Additions Announced
CSE: CBK FSE: 9CP OTC: CPPKF
FOR IMMEDIATE RELEASE October 15, 2021
(CBK 2021– NR #13)
CopperBank Shareholders Overwhelmingly Approve
Long Term Incentive Plan at Special Meeting;
Leadership Team Additions Announced
October 15, 2021 – Vancouver, British Columbia - CopperBank Resources Corp. (“CopperBank” or
the “Company”) (CS: CBK) is pleased to announce that earlier today shareholders of Copperbank voted
at the special meeting of shareholders (the “ Meeting”) to approve the long term incentive plan of the
Company (the “LTIP”), as further described in the management information circular of the Company dated
September 14, 2021, with approximately 98% of votes cast in favour of the new LTIP . Additionally, the
company is pleased to announce key appointments to the senior leadership team.
As previously announced in the Company’s September 2, 2021 press release, the board of directors of
CopperBank approved grants of 9,650,000 stock options to eligible participants under the LTIP , which
grant was subject to the approval of the LTIP by shareholders . The grant, which will be effective as of
today’s date, permits each holder to purchase one common share of the Company for each option held at a
price of $0.40 for a period of three years.
Leadership Team Appointments
The Company is also pleased to announce that Graham Richardson, Thomas Bissig and Zach Allwright
will be joining the leadership team as Chief Financial Officer, Vice President of Exploration, and Vice
President of Projects and Evaluations, respectively. Paul Harbidge, President and Chief Executive Officer,
commented, “I am very excited to welcome Graham, Thomas and Zach to the CopperBank team as we
work on advancing our exciting copper projects in the world-class mining districts of Arizona and Nevada.
It is a testament to the quality of the projects that we have been able to attract three key senior individuals
and I look forward to leveraging their experience and expertise as we work to unlock the value inherent in
the CopperBank portfolio.”
Mr. Graham Richard son joined the Company on October 15, 2021 , as Chief Financial Officer and is a
Canadian CPA with over 10 years of finance experience in the mining sector and a proven track record of
adapting and partnering with various levels of organizations to achieve desired outcomes. In his most recent
role as Senior Director, Finance and Accounting at Fortuna Silver Mines Inc., Mr. Richardson was closely
involved in the financial due diligence and integration activities in connection with the acquisition of
Roxgold, while also being responsible for the delivery of the quarterly reports and oversight of the finance
function and Vancouver Corporate Office. Previously, he was the Assistant Controller, North America at
Newmont, following the acquisition of Goldcorp in April 2019. Prior to his role with Newmont, he was the
Director, Finance Performance Management at Goldcorp after joining in 2016 and holding progressively
senior finance roles within the organization. Mr. Richardson started his career with Deloitte Touche
Tohmatsu Limited in their mining practice in Vancouver , and subsequently Melbourne, where he gained
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diverse experience working with operations across Canada, Australia, USA, Mexico and West Africa. Mr.
Richardson has a Bachelor of Commerce in Accounting from the University of British Columbia , Sauder
School of Business.
Dr. Thomas Bissig joined the Company on October 1, 2021, as the Vice President of Exploration. Dr. Bissig
is a geologist and geochemist with more than 23 years of experience in exploration and applied research on
porphyry and epithermal deposit types across the Americas. He most recently worked as a consulting
geoscientist providing services ranging in scale from orebody knowledge to regional exploration. From
March 2017 to February 2020 he held the position of Director , Geochemistry for Goldcorp/Newmont
providing subject matter expertise to exploration teams across the Americas. From 2008 to 2017 he was a
senior research associate at the Mineral Deposit Research Unit at the University of British Columbia
(Vancouver, Canada ) where he was responsible for multiple gold and cop per research programs and
exploration, focused in the Andes, British Columbia, Nevada and Eastern Europe. Dr. Bissig was also a
Professor at the Universidad Catolica del Norte in Antofagasta, Chile from 2004 to 2007 after graduating
in 1997 from the Swiss Federal Institute of Technology (ETH) in Zürich with a diploma in Earth Sciences.
Dr. Bissig carried out his PhD research at Queen’s University in Kingston (Ontario, Canada ) on the
metallogeny of the El Indio epithermal belt in Chile and Argentina, graduating in 2001.
Mr. Zach Allwright joined the company on October 15, 2021 , as the Vice President of Projects and
Evaluations. He is a skilled mining professional with 15 years of diversified international experience,
specializing in asset optimization and technical evaluations. In his most recent role as Director , North
America for Mining Plus Consulting (part of the Byrnecut Group from Australia), he successfully delivered
an extensive range of technical studies and asset evaluations in t eam environments. Notable engagements
include the delivery of technical advisory to GT Gold (supporting the subsequent acquisition by Newmont
in May 2021), facilitating the mining technical due diligence for Goldcorp culminating in the
Newmont/Goldcorp merger in April 2019, leading the transformation of Lac Des Illes mine through the
implementation of sub -level caving 2015 -2018 and advancing the Pumpkin Hollow (Nevada Copper)
project from an optimized concept to first production between 2016 and 2018. Mr. Allwright (P.Eng) holds
a Mining Engineering degree from the Western Australian School of Mines and an MBA from Curtin
Graduate School of Business.
About CopperBank
CopperBank is a Canadian exploration company focused on advancing two copper projects in The United
States of America. The Company trades on the Canadian Securities Exchange under the symbol “CBK”.
For additional information please contact:
Paul Harbidge, President and Chief Executive Officer
CopperBank Resources Corp.
Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2
Phone: 778-987-2761
E-mail: [email protected]
Website: www.copperbankcorp.com