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Premium Appoints Former Blackrock Senior Executive Chris Leavy to Board of Directors

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Premium Resources (TSXV: PREM) (OTC Pink: PRMLF) has appointed former BlackRock senior executive Chris Leavy to its Board of Directors, effective immediately. Leavy replaces William O'Reilly, who is retiring from the board.

Leavy brings over 20 years of asset management experience, including notable positions at Oppenheimer Funds, where he grew the value equity group from $6 billion to $16 billion and was recognized as a Barron's Top 100 Fund Manager. At BlackRock, he served as Chief Investment Officer of Fundamental Equities (Americas) and was a member of the Global Operating Committee. Recently, he was part of One Tower GP, focusing on private equity and credit investments.

Following this appointment, Premium's Board now consists of eight directors, with Paul Martin as Chair. The company expects Leavy's financial expertise to support its strategic initiatives and drive shareholder value.

Premium Resources (TSXV: PREM) (OTC Pink: PRMLF) ha nominato l'ex dirigente senior di BlackRock, Chris Leavy, nel suo Consiglio di Amministrazione, con effetto immediato. Leavy sostituisce William O'Reilly, che si ritira dal consiglio.

Leavy porta con sé oltre 20 anni di esperienza nella gestione patrimoniale, inclusi ruoli significativi presso Oppenheimer Funds, dove ha fatto crescere il gruppo azionario da 6 miliardi a 16 miliardi di dollari ed è stato riconosciuto come uno dei 100 migliori gestori di fondi da Barron's. Presso BlackRock, ha ricoperto il ruolo di Chief Investment Officer delle Equità Fondamentali (Americhe) ed è stato membro del Comitato Operativo Globale. Recentemente, ha fatto parte di One Tower GP, concentrandosi su investimenti in private equity e credito.

Dopo questa nomina, il Consiglio di Premium è ora composto da otto direttori, con Paul Martin come Presidente. L'azienda si aspetta che l'expertise finanziaria di Leavy supporti le sue iniziative strategiche e aumenti il valore per gli azionisti.

Premium Resources (TSXV: PREM) (OTC Pink: PRMLF) ha nombrado al exejecutivo senior de BlackRock, Chris Leavy, en su Junta Directiva, con efecto inmediato. Leavy reemplaza a William O'Reilly, quien se retira de la junta.

Leavy aporta más de 20 años de experiencia en gestión de activos, incluyendo posiciones destacadas en Oppenheimer Funds, donde hizo crecer el grupo de acciones de 6 mil millones a 16 mil millones de dólares y fue reconocido como uno de los 100 mejores gestores de fondos por Barron's. En BlackRock, se desempeñó como Director de Inversiones de Equidades Fundamentales (Américas) y fue miembro del Comité Operativo Global. Recientemente, fue parte de One Tower GP, enfocándose en inversiones de capital privado y crédito.

Tras esta designación, la Junta de Premium ahora consta de ocho directores, con Paul Martin como Presidente. La empresa espera que la experiencia financiera de Leavy apoye sus iniciativas estratégicas y aumente el valor para los accionistas.

프리미엄 리소스 (TSXV: PREM) (OTC Pink: PRMLF)는 전 블랙록 고위 임원인 크리스 리비를 이사회의 일원으로 즉시 임명했습니다. 리비는 은퇴하는 윌리엄 오레일리를 대체합니다.

리비는 20년 이상의 자산 관리 경험을 보유하고 있으며, 오펜하이머 펀드에서 60억 달러에서 160억 달러로 가치 주식 그룹을 성장시키며, 배런스 선정 100대 펀드 매니저 중 한 명으로 인정받았습니다. 블랙록에서는 기본 주식(미주)의 최고 투자 책임자로 재직하며 글로벌 운영 위원회의 일원이었습니다. 최근에는 원 타워 GP의 일원으로 사모펀드 및 신용 투자에 집중했습니다.

이번 임명 이후, 프리미엄의 이사회는 현재 8명의 이사로 구성되어 있으며, 폴 마틴이 의장을 맡고 있습니다. 회사는 리비의 금융 전문성이 전략적 이니셔티브를 지원하고 주주 가치를 높이는 데 기여할 것으로 기대하고 있습니다.

Premium Resources (TSXV: PREM) (OTC Pink: PRMLF) a nommé l'ancien cadre supérieur de BlackRock, Chris Leavy, à son Conseil d'Administration, avec effet immédiat. Leavy remplace William O'Reilly, qui prend sa retraite du conseil.

Leavy apporte plus de 20 ans d'expérience en gestion d'actifs, y compris des postes notables chez Oppenheimer Funds, où il a fait croître le groupe d'actions de 6 milliards à 16 milliards de dollars et a été reconnu comme l'un des 100 meilleurs gestionnaires de fonds par Barron's. Chez BlackRock, il a été directeur des investissements des actions fondamentales (Amériques) et membre du Comité opérationnel mondial. Récemment, il faisait partie de One Tower GP, se concentrant sur les investissements en capital-investissement et en crédit.

Suite à cette nomination, le Conseil de Premium est désormais composé de huit administrateurs, avec Paul Martin en tant que Président. L'entreprise s'attend à ce que l'expertise financière de Leavy soutienne ses initiatives stratégiques et augmente la valeur pour les actionnaires.

Premium Resources (TSXV: PREM) (OTC Pink: PRMLF) hat den ehemaligen Senior Executive von BlackRock, Chris Leavy, mit sofortiger Wirkung in seinen Vorstand berufen. Leavy ersetzt William O'Reilly, der aus dem Vorstand ausscheidet.

Leavy bringt mehr als 20 Jahre Erfahrung im Asset Management mit, einschließlich bedeutender Positionen bei Oppenheimer Funds, wo er die Wertpapiergruppe von 6 Milliarden auf 16 Milliarden Dollar steigerte und als einer der Top 100 Fondsmanager von Barron's anerkannt wurde. Bei BlackRock war er Chief Investment Officer für Fundamentale Aktien (Amerika) und Mitglied des Global Operating Committee. Kürzlich war er Teil von One Tower GP, wo er sich auf Private Equity und Kreditinvestitionen konzentrierte.

Nach dieser Ernennung besteht der Vorstand von Premium nun aus acht Direktoren, mit Paul Martin als Vorsitzendem. Das Unternehmen erwartet, dass Leavys finanzielle Expertise seine strategischen Initiativen unterstützt und den Shareholder-Wert steigert.

Positive
  • Appointment of highly experienced asset management executive with proven track record
  • New director brings significant institutional investment expertise from BlackRock and Oppenheimer
  • Demonstrated success in growing AUM from $6B to $16B at Oppenheimer Funds
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - March 25, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") is pleased to announce the appointment of Mr. Chris Leavy to the Board of Directors of the Company. Mr. Leavy was appointed to the Board, effective immediately. Mr. Leavy's appointment will fill a vacancy arising from the retirement of Mr. William O'Reilly as a director of the Company.

Mr. Leavy brings more than two decades of experience in asset management with senior roles at Oppenheimer Funds, BlackRock and One Tower GP. At Oppenheimer Funds, he built the value equity group from $6 billion to $16 billion of assets and was recognized by Barron's as a Top 100 Fund Manager. Later during his tenure at the firm, he was promoted to Chief Investment Officer, Equities. At BlackRock, he was the Chief Investment Officer of Fundamental Equities (Americas) and a member of the firm's Global Operating Committee. More recently, Chris was a key member of the One Tower GP team, which invested primarily in private equity and credit.

Chris is on the Board of 1970 Group and on the Advisory Committee of Abitibi Metals. Chris earned his BA in Economics from Trinity University and his MBA from Columbia Business School.

Mr. O'Reilly has been a director of the Company since August 2022 and has served as the Chair of the Corporate Governance & Nominating Committee.

With Mr. O'Reilly's departure from the Board, and the appointment of Mr. Leavy as a director, the Board now consists of eight directors, namely, Paul Martin (Chair), Chris Leavy, Don Newberry, James Gowans Jason LeBlanc, Mark Christensen, Morgan Lekstrom and Norman MacDonald.

"I am pleased to welcome Mr. Leavy to the Board of Directors," said, Paul Martin, Chairman of PREM. "Chris brings extensive financial expertise that will be invaluable as we continue to pursue our strategic initiatives and drive shareholder value. His insights and experience will be instrumental in supporting PREM through this exciting next phase of growth."

Paul Martin continued, "I would also like to extend my sincere gratitude to Mr. O'Reilly for his dedication and contributions during his tenure. His efforts have been greatly appreciated, and we wish him all the best in his future endeavors."

About Premium Resources Ltd.

PREM is a mineral exploration and development company that is focused on the redevelopment of the previously producing nickel, copper and cobalt resources mines owned by the Company in the Republic of Botswana.

For further information about Premium Resources Ltd., please contact:

Morgan Lekstrom
CEO and Director
morganl@premiumresources.com

Jaclyn Ruptash
Vice President, Communications and Investor Relations
+1 (604) 770-4334
jaclyn@premiumresources.com

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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245956

FAQ

What experience does Chris Leavy bring to Premium Resources (PRMLF) board?

Chris Leavy brings over 20 years of asset management experience, including roles at BlackRock as CIO of Fundamental Equities (Americas), growing Oppenheimer Funds' value equity group from $6B to $16B, and recent private equity experience at One Tower GP.

How did Chris Leavy perform at Oppenheimer Funds before joining PRMLF?

At Oppenheimer Funds, Leavy grew the value equity group from $6 billion to $16 billion in assets and was recognized as a Barron's Top 100 Fund Manager before being promoted to Chief Investment Officer, Equities.

Who did Chris Leavy replace on Premium Resources' (PRMLF) board?

Chris Leavy replaced William O'Reilly, who retired from the board after serving since August 2022 as Chair of the Corporate Governance & Nominating Committee.

How many directors are now on Premium Resources' (PRMLF) board after Leavy's appointment?

Following Leavy's appointment, Premium Resources' board consists of eight directors, with Paul Martin as Chair.
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