Orex Minerals Appoints Adam Cegielski as Chair of the Board
Orex Minerals Appoints Adam Cegielski as
Chair of the Board
VANCOUVER, BC
,
March 26, 2024
/CNW/ -
Orex Minerals Inc.
(TSXV: REX) (OTCQB: ORMNF)
("Orex"
or the
"Company")
announces that the Board has received the resignation of
David
Gunning
. His extensive background and senior level experience enabled the Company to continue
with its strategic plan and growth during his tenure. Management wishes to thank Mr. Gunning for his
years of service.
The Company is also pleased to announce the appointment of
Adam Cegielski
as Independent Chair
of the Company's Board of Directors ("
Chair
") and member of the Company's Audit Committee
effective immediately. Mr. Cegielski has over 20 years of experience in the venture capital industry
ranging from mineral exploration, technology, health care and education. He started his career
developing an industrial mineral project in
Uganda
that he later sold to Rio Tinto. Mr. Cegielski was
the founding director of Cayden Resources, which was sold to Agnico Eagle Mines for
$205 million
.
He was the co-founder, CEO & director of Gold Line Resources Corp, a mineral exploration
company in
Sweden
which was recently acquired by First Nordic Metals Corp. (TSX-V: FNM).
"Adam will be a valued addition to our Board,"
stated
Ben Whiting
, President and CEO of Orex.
"His extensive knowledge and experience in the venture capital industry, coupled with his strong
work ethic, will serve Orex well as we strive to achieve our goals."
ABOUT OREX MINERALS INC.
Orex Minerals Inc. is a mineral exploration company focused on precious and base metals
exploration in
Mexico
and
Canada
. Orex has several current projects: Two projects are located in
Durango State,
Mexico
, the Sandra Silver-Gold Project with Pan American Silver Corp. and the
Coneto Gold-Silver Project with Fresnillo PLC. In Zacatecas State,
Mexico
, Orex has recently
optioned the Valenciana Gold-Silver-Base Metals Project. A fourth project is the Jumping Josephine
Gold Project in
British Columbia, Canada
. Orex is managed by the experienced Belcarra Group
Management Ltd., comprised of highly qualified mining professionals.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/
Ben Whiting
Ben Whiting
, P.Geo.
President
Forward Looking Information
This news release may contain forward-looking statements, including statements with respect to the
terms of the Offering, the receipt of regulatory approvals for the Offering and closing of the Offering.
These statements reflect management's current estimates, beliefs, intentions and expectations; they
are not guarantees of future performance. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Such factors include, among other
things: risks and uncertainties relating to exploration and development, the ability of the Company to
obtain additional financing, the need to comply with environmental and governmental regulations,
fluctuations in the prices of commodities, operating hazards and risks, competition and other risks
and uncertainties, including those described in the Company's financial statements, management
discussion and analysis and/or annual information form available on www.sedarplus.com. The risk
factors identified in such documents are not intended to represent a complete list of factors that
could affect the Company. Actual results may differ materially from those currently anticipated in
such statements and the Company undertakes no obligation to update such statements, except as
required by law.
Neither 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.
STAY CONNECTED
Follow on X (Twitter):
Orex Minerals (@OrexMinerals) / X (twitter.com)
Follow on LinkedIn:
Orex Minerals Inc. | LinkedIn
Follow on Facebook:
Orex Minerals | Facebook
SOURCE
Orex Minerals Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/March2024/26/c4727.html
%SEDAR: 00013850E
For further information:
please contact Orex Minerals Inc. at 604-687-8566, email
[email protected] or visit our website www.orexminerals.com.
CO: Orex Minerals Inc.
CNW 08:30e 26-MAR-24