Minsud Announces Management Changes
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TSX-V: MSR
January 24, 2020
Minsud Announces Management Changes
TORONTO, ONTARIO – Minsud Resources Corp. (TSX-V: MSR) (“Minsud” or the “Company”) announces
that Howard Coates has resigned as Vice President of Exploration and a Director of the Company. Paul
Andersen has been appointed, subject to the approval of the TSX Venture Exchange, to fill the vacancy on the
board created by the resignation Howard Coates. Mario Alfaro has replaced Howard Coates as the Vice
President of Exploration of the Company.
Paul Andersen has resigned as Chief Financial Officer and Corporate Secretary of the Company . Michael
Johnston has replaced Paul Andersen as the Chief Financial Officer of the Company and Ramiro Massa has
been appointed the Corporate Secretary of the Company, each subject to the approval of the TSX Venture
Exchange.
The Company would like to thank Howard Coates for his outstanding service and dedi cation to the Company
and wishes him the best in his future endeavours.
Mr. Andersen has over 25 years of experience as a director and senior officer of numerous private and public
companies. His mining experience spans two decades and covers entities i n South America, North America
and Africa.
Mr. Johnston is a graduate of Western University, and joined Forbes Andersen LLP, Chartered Professional
Accountants in 2004 and became a partner in 2012. Mr. Johnston has over 12 years of experience with both
private and public companies in various capacities, including that of Chief Financial Officer .
Mr. Massa is an accountant and began his professional career at Pricewaterhousecoopers. Mr. Massa has
worked as Controller at Minera Sud Argentina S.A., the operating subsidiary of the Company, for more than 10
years. Mr. Massa holds a degree in Business Administration from the Universidad Catolica Argentina.
Mr. Alfaro is a Professional Consultant Geologist with over fifty five years of experience in the mineral industry.
Mr. Alfaro specializes in porphyry copper -gold and epithermal ore deposits, resources and ore reserves
estimates, due diligence, project generation, property acquisition and joint ventures, evaluations, and qualifying
technical reports. Mr. Alfaro has been involved in development and implementation of exploration strategies
and programs for projects situated in South and Ce ntral America, Europe and Asia. Mr. Alfaro also has
experience working for major international mining companies as a consultant and as a Chief Geologist in South
and Central America. Mr. Alfaro is a Qualified Person in Resources and in Ore Reserves, Geology (Chile 0262).
Mr. Alfaro is a lecturer and professor of metallogeny and explorations at the Universidad de l Desarrollo (UDD)
in Chile, and has provided workshops about porphyry and epithermal ore deposits in South and Central America,
Mexico and South Africa. Mr. Alfaro holds a degree in economic geology from the Universidad de Chile.
FOR FURTHER INFORMATION PLEASE CONTACT
Alberto F. Orcoyen
President and Chief Executive Officer
Michael Johnston
Chief Financial Officer
416-479-4466
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.