Mandalay Resources Announces Appointment of a New Board Member
Mandalay Resources (TSX: MND, OTCQB: MNDJF) has appointed John Jentz as an independent director to its Board of Directors, effective immediately. Mr. Jentz brings over 20 years of experience in mining operations, board governance, and M&A investment banking. He played a significant role in the growth of SEMAFO, a gold mining company that successfully acquired, developed, and operated four mines, leading to its eventual C$1 billion sale.
Mr. Jentz holds an HBSc degree from the University of Western Ontario, an MBA from McMaster University, and is a Chartered Professional Accountant (CPA). Bradford Mills, Executive Chair, expressed enthusiasm about the appointment, highlighting Jentz's extensive industry experience and track record in building successful mining operations.
Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The company focuses on growing production, reducing costs, and generating significant positive cashflow while maintaining safe and environmentally responsible operations.
Mandalay Resources (TSX: MND, OTCQB: MNDJF) ha nominato John Jentz come direttore indipendente nel suo Consiglio di Amministrazione, con effetto immediato. Il signor Jentz porta con sé oltre 20 anni di esperienza in operazioni minerarie, governance di consiglio e banca d'investimento per fusioni e acquisizioni. Ha svolto un ruolo significativo nella crescita di SEMAFO, un'azienda mineraria d'oro che ha acquisito, sviluppato e gestito con successo quattro miniere, portando alla sua eventuale vendita per 1 miliardo di dollari canadesi.
Il signor Jentz possiede una laurea HBSc presso l'Università dell'Ontario occidentale, un MBA presso l'Università McMaster ed è un contabile professionista certificato (CPA). Bradford Mills, Presidente Esecutivo, ha espresso entusiasmo per la nomina, evidenziando l'ampia esperienza di Jentz nel settore e il suo percorso di successi nella creazione di operazioni minerarie vincenti.
Mandalay Resources è una società canadese di risorse naturali con asset produttivi in Australia (miniera d'oro-antimonio di Costerfield) e in Svezia (miniera d'oro di Björkdal). L'azienda si concentra sulla crescita della produzione, sulla riduzione dei costi e sulla generazione di un significativo flusso di cassa positivo, mantenendo operazioni sicure e rispettose dell'ambiente.
Mandalay Resources (TSX: MND, OTCQB: MNDJF) ha nombrado a John Jentz como director independiente de su Junta Directiva, con efecto inmediato. El Sr. Jentz aporta más de 20 años de experiencia en operaciones mineras, gobernanza de juntas y banca de inversión en fusiones y adquisiciones. Desempeñó un papel importante en el crecimiento de SEMAFO, una empresa minera de oro que adquirió, desarrolló y operó con éxito cuatro minas, lo que llevó a su eventual venta por 1 billón de dólares canadienses.
El Sr. Jentz tiene un título de HBSc de la Universidad de Ontario Occidental, un MBA de la Universidad McMaster, y es Contador Público Certificado (CPA). Bradford Mills, Presidente Ejecutivo, expresó entusiasmo acerca de la nominación, destacando la extensa experiencia de Jentz en la industria y su historial en la creación de operaciones mineras exitosas.
Mandalay Resources es una empresa canadiense de recursos naturales con activos productivos en Australia (mina de oro-antimonio de Costerfield) y en Suecia (mina de oro de Björkdal). La empresa se centra en aumentar la producción, reducir costos y generar un flujo de caja positivo significativo, manteniendo operaciones seguras y responsables con el medio ambiente.
만달레이 리소스 (TSX: MND, OTCQB: MNDJF)는 존 젠츠를 독립 이사로 임명하였다, 즉시 발효됩니다. 젠츠 씨는 채굴 운영, 이사회 거버넌스 및 M&A 투자은행 분야에서 20년 이상의 경험을 가지고 있습니다. 그는 SEMAFO의 성장에 중요한 역할을 하였으며, SEMAFO는 성공적으로 4개의 광산을 인수, 개발 및 운영하였고, 결국 10억 캐나다 달러에 매각되었습니다.
젠츠 씨는 웨스턴 온타리오 대학교에서 HBSc 학위를 취득하였고, 맥마스터 대학교에서 MBA를 받았으며, 공인 회계사(CPA)입니다. 브래드포드 밀스, 이사회 의장은 젠츠의 임명에 대해 기쁨을 표명하며, 그의 풍부한 산업 경험과 성공적인 채굴 운영 구축에서의 실적을 강조했습니다.
만달레이 리소스는 호주(코스터필드 금-안티몬 광산)와 스웨덴(비외크달 금 광산)에 생산 자산을 보유한 캐나다 기반의 자원 회사입니다. 이 회사는 생산성 증가, 비용 절감 및 긍정적인 현금 흐름 생성에 중점을 두며, 안전하고 환경적으로 책임 있는 운영을 유지합니다.
Mandalay Resources (TSX: MND, OTCQB: MNDJF) a nommé John Jentz en tant que directeur indépendant de son Conseil d'administration, avec effet immédiat. M. Jentz apporte plus de 20 ans d'expérience dans les opérations minières, la gouvernance des conseils et la banque d'investissement M&A. Il a joué un rôle significatif dans la croissance de SEMAFO, une entreprise minière d'or qui a réussi à acquérir, développer et exploiter quatre mines, menant à sa vente éventuelle pour 1 milliard de dollars canadiens.
M. Jentz détient un diplôme HBSc de l'Université de l'Ontario occidental, un MBA de l'Université McMaster et est Comptable professionnel agréé (CPA). Bradford Mills, président exécutif, a exprimé son enthousiasme à propos de la nomination, soulignant l'expérience approfondie de Jentz dans l'industrie et son parcours réussi dans la construction d'opérations minières prospères.
Mandalay Resources est une entreprise canadienne de ressources naturelles disposant d'actifs producteurs en Australie (mine d'or-antimoine de Costerfield) et en Suède (mine d'or de Björkdal). L'entreprise se concentre sur l'augmentation de la production, la réduction des coûts et la génération d'un flux de trésorerie positif significatif tout en maintenant des opérations sûres et respectueuses de l'environnement.
Mandalay Resources (TSX: MND, OTCQB: MNDJF) hat John Jentz als unabhängigen Direktor in seinen Vorstand berufen, mit sofortiger Wirkung. Herr Jentz bringt über 20 Jahre Erfahrung in der Bergbauindustrie, der Vorstandsgouvernanz und der M&A-Investmentbanking mit. Er spielte eine bedeutende Rolle beim Wachstum von SEMAFO, einem Goldbergbauunternehmen, das erfolgreich vier Minen akquiriert, entwickelt und betrieben hat, was letztlich zu einem Verkauf für 1 Milliarde kanadische Dollar führte.
Herr Jentz besitzt einen HBSc-Abschluss von der University of Western Ontario, einen MBA von der McMaster University und ist ein Chartered Professional Accountant (CPA). Bradford Mills, Executive Chairman, drückte Begeisterung über die Ernennung aus und hob Jentz' umfassende Branchenerfahrung und nachweisliche Erfolge im Aufbau erfolgreicher Bergbauoperationen hervor.
Mandalay Resources ist ein kanadisches Unternehmen für natürliche Ressourcen mit produktiven Vermögenswerten in Australien (Costerfield-Gold-Antimon-Mine) und Schweden (Björkdal-Goldmine). Das Unternehmen konzentriert sich auf die Steigerung der Produktion, die Senkung der Kosten sowie die Generierung eines signifikanten positiven Cashflows, während es sichere und umweltverantwortliche Betriebsabläufe aufrechterhält.
- Appointment of John Jentz as an independent director with over 20 years of industry experience
- Jentz's track record includes significant contributions to SEMAFO's growth, leading to a C$1 billion sale
- Potential for valuable insights and expertise to support Mandalay's strategic initiatives
- None.
Mr. Jentz brings over 20 years of experience in mining operations, board governance and M&A investment banking. Among his significant contributions to the industry is his role in the growth of SEMAFO, a gold mining company that successfully acquired, developed, and operated four mines, leading to its eventual
Bradford Mills, Executive Chair, commented:
"On behalf of the Board, I'm thrilled to welcome John to Mandalay as our new independent director. His extensive industry experience and track record in building successful mining operations will be invaluable as we continue to execute our strategic initiatives."
About Mandalay Resources Corporation:
Mandalay Resources is a Canadian-based natural resource company with producing assets in
Mandalay's mission is to create shareholder value through the profitable operation and continuing the regional exploration program, at both its Costerfield and Björkdal mines. Currently, the Company's main objectives are to continue mining the high-grade Youle vein at Costerfield, ramping up production from deeper Shepherd veins, both of which will continue to supply high-quality ore to the processing plant, and to extend Mineral Reserves. At Björkdal, the Company will continue to produce from the Aurora zone and other higher-grade areas in the coming years, in order to maximize profit margins from the mine.
Forward-Looking Statements:
This news release contains "forward-looking statements" within the meaning of applicable securities laws. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, changes in commodity prices and general market and economic conditions. The factors identified above are not intended to represent a complete list of the factors that could affect Mandalay. A description of additional risks that could result in actual results and developments differing from those contemplated by forward-looking statements in this news release can be found under the heading "Risk Factors" in Mandalay's annual information form dated March 28, 2024, a copy of which is available under Mandalay's profile at www.sedar.com. In addition, there can be no assurance that any inferred resources that are discovered as a result of additional drilling will ever be upgraded to proven or probable reserves. Although Mandalay has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
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SOURCE Mandalay Resources Corporation
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