Canyon Copper Corp. Announces Mr. Stephen Wallace as Director, President and Chief Executive Officer and Resumption to Trade
TSXV: CNC
Suite 408 – 1199 West Pender Street • Vancouver, B.C. • V6E 2R1
TEL (604) 331-9326 • FAX (604) 684-9365
CANYON COPPER CORP. ANNOUNCES MR. STEPHEN WALLACE AS DIRECTOR,
PRESIDENT AND CHIEF EXECUTIVE OFFICER AND RESUMPTION TO TRADE
VANCOUVER, BC, May 1, 2017
Canyon Copper Corp. (“Canyon” or “Company”) (TSX-V: CNC) is pleased to announce the
appointment of Mr. Stephen Wallace as director, president and chief executive officer of the
Company.
Mr. Wallace, P.Geo., has 30 years of mineral exploration and development experience from
grassroots evaluation through to mine developmen t, and has fulfilled roles in the exploration
industry from field geologist to corporate executive. Stephen’s career has led him to projects
throughout Canada and internationally exploring for a wide range of commodities including gold,
cobalt, lithium, silver, copper, base metals, rare earths and platinum group elements.
Mr. Wallace held the position of Senior VP, Exploration and Director of Trade Winds Ventures
Inc. (TSXV: TWD) a gold exploration company, wh ich was acquired by Detour Gold Inc. in 2012
for $84.0 million. At Trade Winds he was instrumental in advancing the Block A gold project
prior to the takeover, with this project becoming Detour Gold’s planned West Detour open pit
mine.
Prior to working with Trade Winds, Mr. Wallace was the President and CEO of Castle
Resources Inc., as the company transitioned fr om a capital pool company (CPC) to full TSX
Venture Exchange listing. Throughout his ca reer, Stephen has held management and technical
positions with government agencies, major and juni or resource companies including Goldcorp,
BHP and Noranda.
Recently Mr. Wallace has been active in assembling an 85 sq. km land position in the Silver
Centre area, part of the historic Cobalt mining camp in Ontario for First Cobalt Corp. and related
companies.
Stephen is a Professional Geologist holding a Bachelor of Science degree from the University of
Ottawa and is a registered Professional Geoscientis t with accreditation from the Association of
Professional Geoscientists of Ontario (APG O). In addition he serves on the Convention
Planning Committee of the Prospectors and Developers Association of Canada (PDAC).
The board of directors has approved the allocation of 300,000 incentive stock options to Mr.
Wallace. The options are exercisable at 7 cents per share for a period of five years from
issuance.
Pursuant to the halt in trading imposed on April 27, 2017, trading will be resumed upon
dissemination of this news announcing the appointment of Mr. Stephen Wallace as a new
director. There are now three directors of Canyon: Mr. James Yates; Mr. John Kerr; and Mr.
Stephen Wallace.
On behalf of the Board of Directors,
“James Yates”
CANYON COPPER CORP.
James Yates, Director
Contact: Canyon Copper Corp.
Investor Relations
(604) 331-9326
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULAT ION 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.