Elemental Altus Announces Appointment of New Director
Elemental Altus Royalties (TSXV: ELE, OTCQX: ELEMF) has appointed Matthieu Bos to its Board of Directors as an independent non-executive director. The appointment is made under the company's investor rights agreement with La Mancha, replacing Jack Lunnon as La Mancha's director nominee. The Board maintains seven directors, with six being non-executives.
Bos, currently President and CEO of Falcon Energy Materials plc, brings significant mining capital markets experience. In his previous role as Executive Vice President Africa at Ivanhoe Mines, he was instrumental in delivering the Kamoa-Kakula Copper Project and helped secure US$3 billion in equity and debt financings from investors including Zijin Mining and CITIC Metal.
Elemental Altus Royalties (TSXV: ELE, OTCQX: ELEMF) ha nominato Matthieu Bos nel suo Consiglio di Amministrazione come direttore indipendente non esecutivo. La nomina è avvenuta nell'ambito dell'accordo di diritti degli investitori dell'azienda con La Mancha, sostituendo Jack Lunnon come nominato dal direttore La Mancha. Il Consiglio è composto da sette membri, di cui sei non esecutivi.
Bos, attualmente Presidente e CEO di Falcon Energy Materials plc, porta con sé un'ampia esperienza nei mercati del capitale minerario. Nel suo precedente ruolo di Vice Presidente Esecutivo per l'Africa presso Ivanhoe Mines, è stato fondamentale per il successo del Progetto di Rame Kamoa-Kakula e ha aiutato a garantire 3 miliardi di dollari in finanziamenti azionari e di debito da investitori tra cui Zijin Mining e CITIC Metal.
Elemental Altus Royalties (TSXV: ELE, OTCQX: ELEMF) ha nombrado a Matthieu Bos en su Junta Directiva como director independiente no ejecutivo. La nominación se realiza según el acuerdo de derechos de los inversores de la empresa con La Mancha, reemplazando a Jack Lunnon como el nominado del director de La Mancha. La Junta se compone de siete directores, de los cuales seis son no ejecutivos.
Bos, actualmente Presidente y CEO de Falcon Energy Materials plc, aporta una significativa experiencia en mercados de capitales mineros. En su rol anterior como Vicepresidente Ejecutivo para África en Ivanhoe Mines, fue fundamental en la entrega del Proyecto de Cobre Kamoa-Kakula y ayudó a asegurar 3 mil millones de dólares en financiamiento de capital y deuda de inversores, incluidos Zijin Mining y CITIC Metal.
Elemental Altus Royalties (TSXV: ELE, OTCQX: ELEMF)는 Matthieu Bos를 독립 비상임 이사로 이사회에 임명했습니다. 이 임명은 회사의 투자자 권리 계약에 따라 이루어졌으며, Jack Lunnon의 La Mancha 이사 후보를 대체합니다. 이사회는 총 7명의 이사로 구성되어 있으며, 그 중 6명이 비상임 이사입니다.
Bos는 현재 Falcon Energy Materials plc의 회장 겸 CEO로 재직 중이며, 광산 자본 시장에서 중요한 경험을 가지고 있습니다. 그는 Ivanhoe Mines의 아프리카 부사장으로서 Kamoa-Kakula 구리 프로젝트의 성공에 핵심적인 역할을 했으며, Zijin Mining 및 CITIC Metal을 포함한 투자자로부터 30억 달러의 자본 및 부채 자금을 확보하는 데 도움을 주었습니다.
Elemental Altus Royalties (TSXV: ELE, OTCQX: ELEMF) a nommé Matthieu Bos au sein de son Conseil d'Administration en tant que directeur indépendant non-exécutif. Cette nomination a été faite en vertu de l'accord de droits des investisseurs de la société avec La Mancha, remplaçant Jack Lunnon en tant que candidat directeur de La Mancha. Le conseil est composé de sept administrateurs, dont six sont non-exécutifs.
Bos, actuellement Président et CEO de Falcon Energy Materials plc, apporte une expérience importante dans les marchés de capitaux miniers. Dans son précédent rôle de Vice-Président Exécutif pour l'Afrique chez Ivanhoe Mines, il a joué un rôle clé dans la réalisation du Projet de Cuivre Kamoa-Kakula et a aidé à sécuriser 3 milliards de dollars en financements de capitaux propres et de dettes de la part d'investisseurs tels que Zijin Mining et CITIC Metal.
Elemental Altus Royalties (TSXV: ELE, OTCQX: ELEMF) hat Matthieu Bos als unabhängigen nicht-executive Director in seinen Vorstand berufen. Die Ernennung erfolgt im Rahmen der Anlegerrechtevereinbarung des Unternehmens mit La Mancha und ersetzt Jack Lunnon als nominierten Direktor von La Mancha. Der Vorstand besteht aus sieben Mitgliedern, von denen sechs nicht-executiv sind.
Bos, der derzeit Präsident und CEO von Falcon Energy Materials plc ist, bringt umfassende Erfahrungen im Bereich der Bergbaukapitalmärkte mit. In seiner vorherigen Rolle als Executive Vice President Afrika bei Ivanhoe Mines war er entscheidend an der Realisierung des Kamoa-Kakula Kupferprojekts beteiligt und half dabei, 3 Milliarden US-Dollar an Eigen- und Fremdkapitalfinanzierungen von Investoren wie Zijin Mining und CITIC Metal zu sichern.
- Appointment of experienced mining capital markets professional to the Board
- New director brings proven track record in securing major financings (US$3 billion)
- Maintains strong board independence with 6 out of 7 directors being non-executive
- None.
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces the appointment today of Matthieu Bos to the Board of Directors ("Board") as an independent non-executive director.
The appointment of Matthieu to the Board is made pursuant to the Company's investor rights agreement with La Mancha and replaces La Mancha's existing director nominee, Jack Lunnon. Accordingly, the Company will continue to have a Board of seven directors, with six non-executives.
John Robins, Chair of Elemental Altus, commented:
"We are pleased to welcome Matthieu to the Board. His extensive experience in mining capital markets and business development across BMO and Ivanhoe Mines will provide valuable insight as we continue to drive growth and deliver value for our shareholders. We also thank Jack for his time and commitment to the Board and look forward to continuing to work with him in his capacity as a senior member of the La Mancha team."
Matthieu Bos
Matthieu Bos is a trained metallurgist and former mining investment banker. Matthieu is currently the President and CEO of Falcon Energy Materials plc, an advanced stage graphite development company with assets in Guinea, backed by La Mancha. In Matthieu's previous role as Executive Vice President Africa for Ivanhoe Mines, Matthieu was a key member of the team that delivered the world-class Kamoa-Kakula Copper Project and was actively involved in US
Frederick Bell
CEO and Director
Corporate & Media Inquiries:
Tel: +1 604 646 4527
info@elementalaltus.com
www.elementalaltus.com
Elemental Altus is a proud member of Discovery Group. For more information please visit: www.discoverygroup.ca or contact +1 604 646 4527.
TSXV: ELE | OTCQX: ELEMF | ISIN: CA28619K1093 | CUSIP: 28619K109
About Elemental Altus Royalties Corp.
Elemental Altus is an income generating precious metals royalty company with 11 producing royalties and a diversified portfolio of pre-production and discovery stage assets. The Company is focused on acquiring uncapped royalties and streams over producing, or near-producing, mines operated by established counterparties. The vision of Elemental Altus is to build a global gold royalty company, offering investors superior exposure to gold with reduced risk and a strong growth profile.
Neither the TSX Venture Exchange (TSX-V) nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this press release. The appointment of the new director to the Board is subject to the approval of the TSX-V.
Cautionary note regarding forward-looking statements
This news release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology.
Forward-looking statements and information include, but are not limited to, statements with respect to the date that the name change is expected to become effective. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies.
Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Elemental Altus to control or predict, that may cause Elemental Altus' actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the impact of general business and economic conditions, the absence of control over the mining operations from which Elemental Altus will receive royalties, risks related to international operations, government relations and environmental regulation, the inherent risks involved in the exploration and development of mineral properties; the uncertainties involved in interpreting exploration data; the potential for delays in exploration or development activities; the geology, grade and continuity of mineral deposits; the impact of the COVID-19 pandemic; the possibility that future exploration, development or mining results will not be consistent with Elemental Altus' expectations; accidents, equipment breakdowns, title matters, labour disputes or other unanticipated difficulties or interruptions in operations; fluctuating metal prices; unanticipated costs and expenses; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations; currency fluctuations; regulatory restrictions, including environmental regulatory restrictions; liability, competition, loss of key employees and other related risks and uncertainties. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of Elemental Altus for the year ended December 31, 2023. Elemental Altus undertakes no obligation to update forward-looking statements and information except as required by applicable law. Such forward-looking statements and information represents management's best judgment based on information currently available. No forward-looking statement or information can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235638
FAQ
Who is the new board director appointed to Elemental Altus (ELEMF)?
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