STOCK TITAN

Eagle Plains Bids Farewell to a Visionary - "A Life Well Lived"

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Eagle Plains Resources (EPL:TSX-V) announces the passing of its founder, Robert (Bob) Termuende, at age 94. Bob was a visionary in the resource industry, with a career spanning over six decades. He founded Rio Alto Exploration, which was later sold for $2.4B, and Kenton Natural Resources (later Pacalta Resources), acquired for nearly $1B. In 1992, Bob co-founded Eagle Plains Resources, which remains one of the oldest companies on the TSX-V. His contributions to the industry and community were recognized with the King Charles III Coronation Medal in 2023. Bob's legacy is marked by his integrity, innovation, and commitment to making the world a better place.

Eagle Plains Resources (EPL:TSX-V) annuncia la scomparsa del suo fondatore, Robert (Bob) Termuende, all'età di 94 anni. Bob è stato un visionario nell'industria delle risorse, con una carriera che si è estesa per oltre sei decenni. Ha fondato Rio Alto Exploration, che è stata poi venduta per 2,4 miliardi di dollari, e Kenton Natural Resources (successivamente Pacalta Resources), acquisita per quasi 1 miliardo di dollari. Nel 1992, Bob ha co-fondato Eagle Plains Resources, che resta una delle aziende più antiche nel TSX-V. I suoi contributi all'industria e alla comunità sono stati riconosciuti con la Medaglia di Coronazione del Re Carlo III nel 2023. L'eredità di Bob è contraddistinta dalla sua integrità, innovazione e impegno per rendere il mondo un posto migliore.

Eagle Plains Resources (EPL:TSX-V) anuncia el fallecimiento de su fundador, Robert (Bob) Termuende, a la edad de 94 años. Bob fue un visionario en la industria de los recursos, con una carrera que abarcó más de seis décadas. Fundó Rio Alto Exploration, que luego se vendió por 2.4 mil millones de dólares, y Kenton Natural Resources (más tarde Pacalta Resources), adquirida por casi 1 mil millones de dólares. En 1992, Bob cofundó Eagle Plains Resources, que sigue siendo una de las empresas más antiguas en el TSX-V. Sus contribuciones a la industria y a la comunidad fueron reconocidas con la Medalla de Coronación del Rey Carlos III en 2023. El legado de Bob se caracteriza por su integridad, innovación y compromiso por hacer del mundo un lugar mejor.

이글 플레인 리소스 (EPL:TSX-V)는 94세의 나이로 창립자 로버트(밥) 터무엔드의 별세를 발표했습니다. 밥은 자원 산업의 비전가로, 60년 이상의 경력을 갖고 있었습니다. 그는 리오 알토 탐사를 설립했고, 이후 24억 달러에 판매되었으며, 켄톤 내추럴 리소스 (나중에 파칼타 리소스)가 거의 10억 달러에 인수되었습니다. 1992년, 밥은 이글 플레인 리소스를 공동 설립하였으며, 이는 현재 TSX-V에서 가장 오래된 회사 중 하나입니다. 그의 산업과 지역 사회에 대한 기여는 2023년에 수여된 찰스 3세의 왕관 메달로 인정받았습니다. 밥의 유산은 그의 청렴함, 혁신, 그리고 세상을 더 나은 곳으로 만들기 위한 헌신으로 여겨집니다.

Eagle Plains Resources (EPL:TSX-V) annonce le décès de son fondateur, Robert (Bob) Termuende, à l'âge de 94 ans. Bob était un visionnaire dans le secteur des ressources, avec une carrière s'étendant sur plus de six décennies. Il a fondé Rio Alto Exploration, qui a ensuite été vendue pour 2,4 milliards de dollars, et Kenton Natural Resources (plus tard Pacalta Resources), acquise pour près de 1 milliard de dollars. En 1992, Bob a cofondé Eagle Plains Resources, qui reste l'une des plus anciennes entreprises de la TSX-V. Ses contributions à l'industrie et à la communauté ont été reconnues avec la Médaille de la Coronation du Roi Charles III en 2023. L'héritage de Bob est marqué par son intégrité, son innovation et son engagement à rendre le monde meilleur.

Eagle Plains Resources (EPL:TSX-V) gibt den Tod seines Gründers, Robert (Bob) Termuende, im Alter von 94 Jahren bekannt. Bob war ein Visionär in der Ressourcenbranche, mit einer Karriere, die über sechs Jahrzehnte umfasste. Er gründete Rio Alto Exploration, die später für 2,4 Milliarden Dollar verkauft wurde, und Kenton Natural Resources (später Pacalta Resources), die für fast 1 Milliarde Dollar erworben wurde. 1992 gründete Bob Eagle Plains Resources, das eines der ältesten Unternehmen an der TSX-V bleibt. Seine Beiträge zur Industrie und zur Gemeinschaft wurden 2023 mit der Medaille zur Krönung von König Charles III gewürdigt. Bobs Vermächtnis wird durch seine Integrität, Innovation und sein Engagement, die Welt zu einem besseren Ort zu machen, geprägt.

Positive
  • Co-founded Eagle Plains Resources, one of the oldest companies on TSX-V
  • Founded Rio Alto Exploration, sold for $2.4B
  • Founded Kenton Natural Resources (Pacalta Resources), acquired for nearly $1B
  • Awarded King Charles III Coronation Medal in 2023 for significant contributions
Negative
  • None.

CRANBROOK, BC / ACCESSWIRE / September 4, 2024 / Eagle Plains Resources Ltd. ("EPL":TSX-V, or "Eagle Plains") announces that Robert (Bob) Termuende has recently passed away peacefully at age 94. Bob was a founder of Eagle Plains and remained a powerful ambassador and loyal shareholder of the company to the end.

Bob was born in Kenton, Manitoba in 1930 in a room above his parents' store. He considered himself a "Depression Baby" and was always proud of his prairie roots, returning home almost annually for the past 20 years. He moved with his parents to British Columbia in 1945 and completed high school in Surrey. During the summer of 1951 he worked for a relative in Spokane, Washington and by chance, was drafted into the US army. He served as a tank commander in the 114th Medium Tank Battalion within the 7th Army in post-WWII occupied Germany. He always spoke fondly of his military service and the structure and regimen it instilled in him. He was honorably discharged in 1953 and returned to Canada, earning a bachelor's degree in geological sciences at the University of British Columbia on a scholarship provided by the US GI Bill.

His early years in the resource industry saw a brief stint working with Chevron in California, then memorable summers mapping rugged BC stratigraphy by horseback with the Geological Survey of Canada. He married in 1958 and spent years based out of Calgary/Cochrane with his growing family, working in the Canadian oil and gas sector. He was Exploration Manager for Great Plains Development Corp. in the mid-1960's and was one of the early explorers for uranium in the Athabasca Basin in Saskatchewan. Great Plains also had teams working in BC, with the original Red Chris claims staked on his watch. In 1970 he founded Rio Alto Exploration and found early success in a remote area of the Yukon at a project named Rusty Springs, located near the Arctic Circle some 160 km west of Eagle Plains. Rio Alto was ultimately purchased by Canadian Natural Resources in 2002 for $2.4B. Bob founded Kenton Natural Resources in the early 80's. Kenton was later renamed Pacalta Resources and thanks to the skill and tenacity of Mike and Bruce Chernoff, was eventually acquired by Alberta Energy Corp (now Encana/Ovintiv) in 1999 in a deal worth close to $1B. In 1992, he and son Tim re-staked Rusty Springs and co-founded Eagle Plains Resources and Miner River Resources which amalgamated in 1999, at which time Bob retired. Both companies listed on the Alberta Stock Exchange in 1995, and Eagle Plains continues as one of the oldest companies on the TSX-V. Bob had other brushes with mining success throughout his career, being associated with projects including Bullmoose Mountain (coal) and Snip (gold).

Bob was the one of the last of the old-school promoters and spent many lively lunches (afternoons) in the Jolly Taxpayer pub in Vancouver making deals and telling tales. Though Bob was a man of honesty and deep integrity, he was always testing the limits, and for a time, was on a first-name basis with the nice folks in the compliance department of a major Canadian brokerage firm.

In his retired life, Bob enjoyed many idyllic years at Wild Horse Farm in Fort Steele, BC. with Orma, his wife of 66 years. Over those decades, he experimented with various agricultural projects, "thinking outside the box" as he always did. He later became an enthusiastic member of Rotary International and gave generously his time, funding and endless energy for many years, earning the Cranbrook club's Rotarian of the Year award in 2023. Bob was very recently awarded the King Charles III Coronation Medal, "recognizing those who have made significant contributions to Canada and their home province", joining a list of distinguished recipients including mining legend and philanthropist Ross Beatty and former BC premiers Gordon Campbell, Christy Clark and John Horgan.

He was a constant wanderer, racking up hundreds of thousands of kilometers on his countless road-trips travelling the world. Journeys included driving from Canada to the deep south of Mexico with Orma, three kids and a dog in a VW camper van in the early 70's, driving with Orma from Fort Steele through Mexico, Guatemala, Honduras and Nicaragua to Costa Rica just shy of his 70th birthday, and most recently, driving solo to Mazatlán, Mexico just days after his 90th birthday.

Bob often quipped that his primary goal in life was to "make the world a better place". It is safe to say that as long as he was here, it really was. The legacy he left behind, in his deeds and interactions with others, his curiosity, generosity, optimism, courage, determination, humour, kindness and genuine concern, will help the world to stay that way.

Bob had always said, and firmly believed that "the journey is the destination". On behalf of the Board, shareholders, brokers, investors, regulators, friends, neighbours and all others that were touched by him- we wish him well on his eternal journey. Godspeed Grassy.

Click here for a collection of photo's chronicling Bob's personal journey.

On behalf of the Board of Directors of Eagle Plains

"Tim J. Termuende", P.Geo.
Executive Chairman

For further information on EPL, please contact Mike Labach at 1 866 HUNT ORE (486 8673)
Email: mgl@eagleplains.com or visit our website at https://www.eagleplains.com

Cautionary Note Regarding Forward-Looking 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. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

SOURCE: Eagle Plains Resources Ltd.



View the original press release on accesswire.com

FAQ

What were Robert Termuende's major achievements in the resource industry?

Robert Termuende founded Rio Alto Exploration (sold for $2.4B), Kenton Natural Resources (later Pacalta Resources, acquired for nearly $1B), and co-founded Eagle Plains Resources (EGPLF), one of the oldest companies on the TSX-V.

When did Robert Termuende co-found Eagle Plains Resources (EGPLF)?

Robert Termuende co-founded Eagle Plains Resources (EGPLF) in 1992, which was later listed on the Alberta Stock Exchange in 1995.

What recognition did Robert Termuende receive for his contributions?

Robert Termuende was awarded the King Charles III Coronation Medal in 2023, recognizing his significant contributions to Canada and his home province.

What was Robert Termuende's role in the early exploration of the Athabasca Basin?

Robert Termuende was one of the early explorers for uranium in the Athabasca Basin in Saskatchewan during his time as Exploration Manager for Great Plains Development Corp. in the mid-1960s.

EAGLE PLAINS RES LTD

OTC:EGPLF

EGPLF Rankings

EGPLF Latest News

EGPLF Stock Data

8.05M
102.11M
11.25%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Cranbrook