Orex Minerals Appoints New CEO and Board Director
Orex Minerals Appoints New CEO and Board
Director
VANCOUVER, BC
,
Sept. 19, 2024
/CNW/ -
Orex Minerals Inc.
(TSXV: REX) (OTCQB: ORMNF)
("Orex" or the "Company")
is pleased to announce the appointment of
John Eren
as Chief
Executive Officer (CEO) and member of the Board of Directors (the "Board") effective immediately.
The Company is also pleased to announce the appointment of
Chris Beltgens
as a member of the
Board effective immediately.
John Eren
is a corporate development executive with 20 years of experience financing premier
resource companies and has been instrumental in the raising of considerable risk capital for
Canadian and US publicly listed companies.
Chris Beltgens
has over 15 years of investment, business development and corporate finance
experience and he currently serves as President and Director of Somerset Energy Partners, a
private
Texas
focused oil production company.
Orex Chairman
Adam Cegielski
notes:
Both
John Eren
and
Chris Beltgens
bring a wealth of
strategic proficiency and leadership acumen to Orex. John has had tremendous success with
junior resource companies, raising significant capital and directing very effective business
development strategies. Chris brings significant corporate strategy and capital markets experience
to the team. The Board looks forward to collaborating with them both to drive value for Orex
shareholders."
Mr.
John Eren
– Professional Biography
From 2020 to 2023 Eren served as VP Corporate Development at Gold Line Resources Ltd. which
was acquired by Barsele Minerals Corp. (now First Nordic Metals Corp.). From 2016 to 2019 Eren
served as a corporate development executive for Crystal Exploration Inc., the shell company that
subsequently became Thesis Gold Inc.
From 2004-2016, Eren also spent 12 years as a senior member of Universal Mineral Services team.
The company founded four publicly listed junior mining resource companies and Eren was
responsible for the development, implementation and execution of investor relations and corporate
development strategies. During this time period, Eren served as: Head of Business Development,
Eurasia, for Auryn Resources ("Auryn", now Fury Gold Mines Ltd.); General Manager and Director
of Akkese Madencilik Ltd. (Turkish-based subsidiary mining company of Auryn); Vice President of
Investor Relations at Keegan Resources Inc. / Asanko Gold Inc. (now Galiano Gold Inc.); Investor
Relations Manager at Cayden Resources (acquired by Agnico Eagle Mines Ltd. for
$205M
) and
Stratton Resources Inc. (now Torq Resources Inc.). Eren holds an HBA in Economics from
Laurentian University
.
Mr.
Chris Beltgens
– Professional Biography
Since
March 2021
Mr. Beltgens has been President and Director of Somerset Energy Partners, a
private south
Texas
focused oil production company with plans to go public in 2024. From
April 2016
to
January 2023
, he was the Vice President of Corporate Development for TAG Oil Ltd., a TSX
listed international production oil & gas company. From 2013 to 2016, he was Corporate
Development Manager for East West Petroleum Corp., a TSX listed oil and gas company. Mr.
Beltgens previously spent six years in
London
working in investment banking covering international oil
and gas exploration and production companies and where he assisted in raising capital for the
sector. In 2007, Mr. Beltgens joined the
London
office of Tristone Capital, an energy-focused
boutique investment bank based in
Calgary
. Following the acquisition of Tristone Capital by
Macquarie Bank in 2009 until 2013, Mr. Beltgens worked as an Associate in Corporate Finance with
GMP Securities as part of the newly formed energy team. He has worked on a number of mandates
for international E&P companies (exploration and production), including IPOs, secondary financings,
and providing strategic advice at both the corporate and asset level.
Beltgens is currently an independent director for Kingfisher Metals Corp. (TSXV: KFR), Chief
Financial Officer of Cranstown Capital Corp. (TSXV: CRAN), and a director of Intertidal Capital
Corp. (TSXV: TIDE). He has previously served as a director and executive officer for Seashore
Resource Partners Corp. (TSX: SSH), Foreshore Exploration Partners Corp. (TSXV: FORE) and
Seaside Exploration Partners Corp. (TSXV: SSX). Mr. Beltgens has completed the CFA program,
received an MBA from the
University of Toronto
and a Bachelor of Science degree from the
University of Victoria
.
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. The third project is the Valenciana Gold-Silver-Base
Metals Project in Zacatecas State,
Mexico
. The fourth project is the Jumping Josephine Gold Project
in
British Columbia, Canada
. Orex is managed by the experienced Belcarra Group Management Ltd.
(the "Belcarra Group"), comprised of highly qualified mining professionals.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/
Adam Cegielski
Adam Cegielski
Chairman of the Board
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FORWARD LOOKING INFORMATION
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.
SOURCE
Orex Minerals Inc.
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For further information:
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 18:30e 19-SEP-24