Infinitum Copper Appoints Matt Hudson as CEO
VANCOUVER, BC / ACCESSWIRE / February 9, 2023 / Infinitum Copper Corp. (TSXV:INFI)(OTCQB:INUMF) announces Matt Hudson as the new President and CEO effective February 1, 2023. Hudson's expertise in operational management in Mexico and capital markets is expected to propel the flagship Adelita project forward. Former CEO Steve Robertson will transition to Chairman. Michael Wood has returned as CFO, succeeding Melinda Hsu. The leadership changes aim to strengthen the Company’s strategic direction and partnerships while building on its accomplishments since going public in March 2022.
- Appointment of Matt Hudson as CEO could enhance leadership and strategic direction.
- Hudson's experience in Mexico and capital markets may benefit the Adelita project.
- Michael Wood returns as CFO, bringing familiarity and stability to financial operations.
- Transition in leadership may create temporary operational disruptions.
- Potential concerns over continuity with significant management changes.
VANCOUVER, BC / ACCESSWIRE / February 9, 2023 / Infinitum Copper Corp. (TSXV:INFI)(OTCQB:INUMF) ("Infinitum" or the "Company") announces that Matt Hudson has been appointed as President and CEO of the Company effective February 1, 2023. Matt's operational experience in Mexico, knowledge of capital markets and ability to advance resources projects globally represents a unique set of skills that will allow him to lead Infinitum as we progress our flagship Adelita project. Building on what has already been achieved since going public in March 2022, under his leadership we hope to hone our strategic direction, grow and develop our organization, strengthen our partnerships and build new relationships. Matt will also join the Infinitum board bringing a new perspective and depth of experience relating to capital markets.
"I'd like to thank the board of directors for providing me with a truly exciting opportunity. As a long-term investor in Infinitum I look forward to following up on the great work by Steve and the team during 2022. We have compelling targets at Adelita and during 2023 I think the company can achieve great things. I look forward to working with Steve Robertson in his new role as Chairman and being able to draw on his extensive knowledge."
The former President & CEO, Steve Robertson, will stay on the board and move up to the role of Chairman.
"I would like to welcome Matt to the Company and am excited to see the skill and energy that he brings to the position. As one of the Company's largest shareholders I see this evolution of Infinitum as a very positive and constructive step forward. We have a great registry with a modest float, a tremendous asset with our flagship La Adelita project in Sonora State, Mexico, and now an even stronger team with the addition of Matt. I look forward to working closely with him moving forward," stated Steve Robertson, Chairman of Infinitum Copper. While Mahendra Naik has stepped down from the position of Chairman, he will remain on the board and continue providing guidance to the company.
At the same time, Michael Wood has been appointed as Chief Financial Officer, a post that he previously held until 2021. Michael steps into the role as Melinda Hsu steps down to pursue other opportunities. The Company would like to thank Melinda for her important influence in creating a company with a solid foundation. We wish her all the best in her future endeavours and welcome our board member Michael Wood back into a role that he knows well. Thank you to both.
For more information, please contact Matt Hudson, President and CEO of Infinitum Copper at matt@infinitumcopper.com
On Behalf of the Board of Directors of
INFINITUM COPPER CORP.
Matt Hudson
Chief Executive Officer
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.
About Infinitum Copper
Backed by a strong team of industry veterans, Infinitum Copper is advancing La Adelita project, where the Company has an option to earn an
Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking information" within the meaning of Canadian securities legislation. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, are inherently subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information. The risks, uncertainties, contingencies and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information may include, but are not limited to, risks generally associated with the Company's business, as described in the Company's Filing Statement dated February 11, 2022.. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
SOURCE: Infinitum Copper
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