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Rupert Resources announces the retirement of Non-Executive Director George Ogilvie. The company highlights Ogilvie's significant contributions, including the delineation of the 4Moz Ikkari deposit, financings of over $120 million, and a potential value of $1.6 billion. Rupert expresses gratitude for Ogilvie's leadership and insights over the past four years.
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TORONTO--(BUSINESS WIRE)--
Rupert Resources Ltd. (“Rupert Resources” or the “Company”) announces the retirement from the Board of the Company of Non-Executive Director George Ogilvie, who continues to focus on his role as Chief Executive Officer of Arizona Sonoran Copper Company Inc. Mr Ogilvie’s roles as chair of the Technical and Remuneration committees have been assumed by André Lauzon and Bill Washington respectively.
Gunnar Nilsson, the Chairman of Rupert Resources said “George Ogilvie’s tenure on the Board of Rupert Resources since June 2020 has seen delineation of the world-class 4Moz Ikkari deposit, financings totalling over $120 million and the completion of a preliminary economic assessment for Ikkari showing a potential value of $1.6 billion. We thank George for his contribution on the Board and particularly for his leadership on the Technical and Remuneration committees and his valuable insights on various corporate matters over the past four or so years. We wish him well for the future.”
George Ogilvie, departing Non-Executive Director said “I would like to extend my thanks to the Board and Management of Rupert and wish the Company well with their endeavours to progress the world-class Ikkari discovery towards production.”
About Rupert Resources
Rupert Resources is a gold exploration and development company listed on the Toronto Stock Exchange under the symbol “RUP”. The Company is focused on making and advancing discoveries of scale and quality with high margin and low environmental impact potential. The Company’s principal focus is Ikkari, a new high quality gold discovery in Northern Finland. Ikkari is part of the Company’s “Rupert Lapland Project,” which also includes the Pahtavaara gold mine, mill, and exploration permits.
Rupert Resources Ltd
82 Richmond Street East, Suite 203, Toronto, Ontario M5C 1P1
Tel: +1 416-304-9004
Web:http://rupertresources.com/
Source: Rupert Resources Ltd.
FAQ
Who is retiring from the Board of Rupert Resources ?
Non-Executive Director George Ogilvie is retiring from the Board of Rupert Resources
What role does George Ogilvie hold at Arizona Sonoran Copper Company Inc.?
George Ogilvie is the Chief Executive Officer of Arizona Sonoran Copper Company Inc.
What is the potential value of the Ikkari deposit according to the preliminary economic assessment?
The preliminary economic assessment for Ikkari shows a potential value of $1.6 billion.
Who assumed the roles of chair of the Technical and Remuneration committees?
André Lauzon assumed the role of chair of the Technical committee, and Bill Washington assumed the role of chair of the Remuneration committee.
What has George Ogilvie's tenure on the Board of Rupert Resources seen?
George Ogilvie's tenure on the Board of Rupert Resources has seen the delineation of the 4Moz Ikkari deposit, financings of over $120 million, and the completion of a preliminary economic assessment for Ikkari.
