Deep-South Appoints Paul Smith as Chief Operating Officer and Jean-LUC Roy as Chief Expertise Officer
Suite 162, 2912 West Broadway, Vancouver, British Columbia, V6K 0E9
Tel: 604-340-0140. E-mail : [email protected]
Web site: http://www.deepsouthresources.com
DEEP-SOUTH APPOINTS PAUL SMITH AS CHIEF OPERATING
OFFICER AND JEAN-LUC ROY AS CHIEF EXPERTISE OFFICER
Vancouver, B.C., Canada – April 27, 2020 – Deep-South Resources Inc. ("Deep-
South" or “the Company") (TSX-V: DSM – Frankfurt: DSD) announces that it has
appointed Mr. Paul Smith as Chief Operating Officer (COO) and Jean-Luc Roy as Chief
Expertise Officer (CXO). With the CEO, they have formed an Executive Committee that
will overview development and regular business of the company. Mr. Smith and Mr.
Roy are also currently Directors of Deep-South.
Mr. Smith is currently a Director of Range Mining Consulting and consults to a number of
mining clients focusing on sub-Saharan Africa. Prior to this, he was the founding CEO,
Minerals Development Company Botswana, established to manage and optimise the
Government mineral investment portfolio within the mining industry. Prior to this, he was
COO of Wesizwe Platinum Limited where he was accountable for the development of
the US$1.5 billion Bakubung Platinum Mine (BPM). Paul has had significant experience in
Stock Broking and resources finance with large South African and international Merchant
Banks. He was founder and CEO of TWP Finance (Pty) Limited, which focused on mining
finance, commodities trading and resources business development. He holds a Bachelor of
Science in Geology and Chemistry from Rhodes University, a Diploma in Extractive
Metallurgy from Exeter University and a bachelor of commerce and MBA from Stellenbosch
University.
Mr. Roy has been a major contributor to the development of several important corporations
in Africa during the last 30 years working for majors, mid -tiers and junior exploration
companies. He brings to Deep-South a wealth of experience in all aspects of exploration
from generating, negotiating, funding and managing projects, to corporate, community and
governmental relations.
Mr. Roy extensive exploration and mining company experience include:
- First Quantum Minerals Ltd: Managing Director in Democratic Republic of Congo;
- El Nino Venture Inc: President & CEO, mainly focusing on Democratic Republic of
Congo project acquisitions, financing and management;
- Ampella Mining Ltd ( a division of Centamin PLC) : Chief Operating Officer,
supervising exploration and development of the projects in West Africa;
- Resolute Mining Ltd: General Manager, Supervising all operations in Mali.
Mr. John Akwenye, Chairman of Deep-South stated: “Deep-South is at a turning point with
its Haib Copper project in Namibia and the addition of Mr. Smith and Mr. Roy to the
Management team of the company is a very strong move into the development of the
company. Mr. Smith and Mr. Roy bring a wealth of knowledge and experience in the mining
industry as well as strong technical, financial and management background. Their vast
experience add considerable strength to Deep-South. The fact that Directors raise their hand
to bring their considerable knowledge and experience to the Management of Deep-South is
a strong gesture showing profound commitment to the company”.
About Deep-South Resources Inc.
Deep-South Resources Inc. is a mineral exploration company largely held by Namibian
shareholders and Management with 24% and Teck Resources Ltd with 23% of Deep-
South share capital.
Deep-South currently holds 100% of the Haib Copper project in Namibia, one of the
largest copper porphyry deposits in Africa. Deep-South also holds an investment of 75%
in the Kapili Tepe Copper exploration project in Turkey. Deep-South’s growth strategy
is to focus on the exploration and development of quality assets, in significant
mineralized zones, close to infrastructure and in stable countries.
This press release contains certain "forward-looking statements," as identified in Deep- South’s periodic
filings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be
no assurance that such statements will prove to be accurate and actual results and f uture events could
differ materially from those anticipated in such 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.
More information is available by contacting Pierre Léveillé, President & CEO at
+1-819-340-0140 or at: [email protected] or Paradox Public Relations at
+1-514-341-0408