Highland Copper Announces Management Changes
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October 11, 2023 TSX.V : HI OTCQB: HDRSF
HIGHLAND COPPER ANNOUNCES MANAGEMENT CHANGES
Vancouver, Canada, October 11 , 2023. Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF)
(“Highland” or the “ Company”) today announces that Denis Miville-Deschenes, President and C hief
Executive Officer, will depart the Company . Barry O’Shea, Highland’s C hief Financial Officer, has been
appointed by Highland ’s Board as Interim CEO, effective immediately, while the Board seeks a full-time
replacement.
Steve Hicks, Chair of the Board of Highland, stated, “On behalf of the Board, I would like to thank Denis for
his contributions as Highland CEO over the past seven years.”
Mr. O’Shea has considerable operating, capital markets and finance experience across diverse industries
and countries. Prior to Highland, he was the CFO of Fiore Gold Ltd., who successfully restarted the Pan Mine
in Nevada and was subsequently acquired by Calibre Mining Corp. Prior to Fiore, Mr. O’Shea spent eight
years with New Gold Inc., initially as Vice President of Finance where he oversaw operational analytics ,
financial planning and capital project controls, particularly new mine construction . He then served as Vice
President, Business Development, responsible for corporate development, investor relations, and strategic
capital allocation. Mr. O'Shea is a Chartered Professional Accountant and has an Honours Business
Administration degree from the Ivey Business School.
“The Highland Board is confident that Barry has the right balance of skills to execute our business plan
during this transition period“, Steve Hicks further stated. “His broad background across operations, business
development and finance will best position the Company for future success. As well, the addition of Mike
Foley continues to add to our regional Michigan team and our capacity for project execution. We look
forward to progressing Copperwood to financing and development.”
Highland is also pleased to announce the appointment of Mike Foley, of Ironwood, Michigan, to the position
of Copperwood Site Manager. Mike has 32 years of experience as a Civil Engineer in the Upper Peninsula
of Michigan and northern Wisconsin. He was most recently the Director of Environment & Infrastructure at
the Back Forty Mine. Prior to that, he served as a Senior Project Manager for Coleman Engineering Company
(“Coleman”), where he had been the lead contact for a number of mining, industrial, utility and municipal
clients. With Coleman, Mike was instrumental in working with the mining consul ting team on the
Copperwood Project to obtain a variety of regulatory permits. Mike earned a Bachelor of Science Degree in
Civil Engineering, with an Environmental emphasis, from Michigan Technological University and is a licensed
Professional Engineer in both Michigan and Wisconsin.
ABOUT HIGHLAND
Highland Copper Company Inc. is a Canadian company focused on exploring and developing copper
projects in the Upper Peninsula of Michigan, U.S.A. The Company owns the Copperwood deposit through
long-term mineral leases. The Company also owns surface rights securing access to the deposit and
providing space for infrastructure as required. Additionally, Highland Copper owns a 34% stake in the White
Pine North Project, a past-producer in the Upper Peninsula. The Company has 736,363,619 common shares
issued and outstanding. Its common shares are listed on the TSX Venture Exchange under the symbol "HI"
and trade on the OTCQB Venture Market under symbol "HDRSF".
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More information about the Company is available on the Company’s website at www.highlandcopper.com
and on SEDAR at www.sedar.com.
CAUTIONARY STATEMENT Regarding Forward-Looking Information
This news release contains “forward -looking statements” and “forward -looking information” (collectively
“forward-looking statements”) within the meaning of applicable Canadian securities legislation. These include,
without limitation, statements about: (a) the Board’s expectations with respect to the continued advancement
of the Company’s projects during the transition period; and (b) the anticipated hire of a full time replacement.
Such forward looking statements are based on a number of assumptions, whic h may prove to be incorrect.
Important assumptions include that management will have sufficient capacity during the transition period to
meet the Company’s goals, and that replacement will be identified and hired on terms acceptable to the
Company in the medium term. Important factors that could materially impact the Company's expectations
include unanticipated developments in the Company’s business that may affect management’s short to
medium-term capacity and the Company’s development timeline. ,All forward-looking statements in this press
release are based on information available to the Company as of the date hereof, and the Company undertakes
no obligation to update forward -looking statements except as required by law. Readers should not place
undue reliance on forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For further information, please contact:
Barry O'Shea, Interim CEO
Email: [email protected]
Website: www.highlandcopper.com