Plata Latina Appoints Lance Newman and Rod Pace to Its Board of Directors

Rhea-AI Summary

Plata Latina Minerals (TSXV: PLA) has announced two strategic appointments to its Board of Directors. Lance Newman and Rod Pace have joined the board effective immediately, with Newman also joining the Audit Committee.

Newman brings 35 years of experience in project development, processing, and operations in base and precious metals. His most recent role was Senior VP of Project Development at Copper Mountain Mining until its 2023 acquisition by Hudbay Minerals.

Rod Pace, currently Founder and Principal of Pace Consulting, contributes over 30 years of global mining experience in project development and operational management. He previously served as President and CEO of Rosemont Copper Company and COO of Augusta Resource until its 2014 acquisition.

Positive

• Strategic strengthening of board with extensive mining industry expertise
• Addition of M&A and technical due diligence expertise through both appointments
• Enhanced operational and project development capabilities through combined 65+ years of experience

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Plata Latina Minerals Corporation (TSXV: PLA) ("Plata Latina" or the "Company") announces the appointment of Lance Newman and Rod Pace to its Board of Directors effectively immediately. Mr. Newman will also be a member of the Audit Committee.

"We are excited to welcome both Lance and Rod to our Board," comments Gil Clausen, Plata Latina's Chair of the Board. "Lance's extensive technical experience, particularly in due diligence and corporate development, will be invaluable as we actively evaluate strategic opportunities. Our Board is further complemented by Rod's vast mining experience around the world, particularly in the U.S.A. We value the deep knowledge and relationships he has in the U.S. mining industry. Rod's expertise will also play a key role as we seek to grow the Company."

About Lance Newman
Mr. Newman has 35 years of experience in project development, processing, concentrating, smelting and refining operations in base and precious metals. Mr. Newman also has extensive experience in technical services and corporate development. Mr. Newman was most recently Senior Vice President, Project Development at Copper Mountain Mining Corporation, before the company was acquired by Hudbay Minerals Inc. in 2023. Previously, he was Senior Vice President, Technical Services at Brio Gold Inc., which was acquired by Leagold Mining Corp in 2018, and Vice President, Project Development at Augusta Resource Corporation, which was acquired by Hudbay Minerals Inc. in 2014. Mr. Newman also held various senior technical and operating positions including being refinery manager and plant superintendent at Stillwater Mining Company and Gold Fields Limited. Mr. Newman holds a Bachelor of Science (Hons) in Chemistry from Rhodes University and is a graduate of the Management Advancement Program at the University of Witwatersrand Graduate School of Business.

About Rod Pace
Mr. Pace has over 30 years of global mining experience, focused on project development and operational management in base and precious metals, coal and industrial minerals. Mr. Pace is currently the Founder and Principal of Pace Consulting, a consulting firm focused on technical due diligence on assets for the main purpose of M&A. Previously, Mr. Pace was President and CEO of Rosemont Copper Company and COO of Augusta Resource Corporation, until its acquisition by Hudbay Minerals Inc. in 2014. Prior to that, he was at Washington Group International, Inc., where he held various engineering positions including Vice President of North American Operations, when he was responsible for eight operating mines throughout Canada, USA and Mexico.

Mr. Pace has a Bachelor of Science degree in Mining Engineering from the Colorado School of Mines and is a Professional Engineer (P.E.).

About Plata Latina Minerals

Plata Latina Minerals is a growth-focused company focused on exploring strategic opportunities within the mining industry. Led by a highly experienced team with a proven track record in identifying, optimizing and growing businesses, Plata Latina aims to create long-term value through acquisitions, partnerships and other strategic transactions. The Company currently has two royalties in its portfolio and receives annual advance royalty payments as a result of the successful discovery and sale of the Naranjillo project. Plata Latina is actively evaluating opportunities.

For more information, please contact:
Patricia Fong
Chief Financial Officer
Telephone: +1 800 933 9925
Email: info@plminerals.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242745

FAQ

What experience does Lance Newman bring to Plata Latina Minerals (PLLMF) board?

Lance Newman brings 35 years of experience in project development, processing, and technical services, most recently serving as Senior VP at Copper Mountain Mining

What is Rod Pace's current role outside of Plata Latina (PLLMF)?

Rod Pace is the Founder and Principal of Pace Consulting, focusing on technical due diligence for M&A purposes.

When did Plata Latina (PLLMF) appoint its new board members?

Lance Newman and Rod Pace were appointed to Plata Latina's Board of Directors on February 28, 2025.

What specific committee role will Lance Newman hold at Plata Latina (PLLMF)?

Lance Newman will serve as a member of the Audit Committee.