SilverCrest Announces Appointment of Anna Ladd-Kruger to Board of Directors

Rhea-AI Summary

SilverCrest Metals Inc. announced the appointment of Anna Ladd-Kruger to its Board of Directors, effective immediately. With over 20 years of experience in the mining industry, Ladd-Kruger has held key roles in public mining companies, including her recent position as CFO of McEwen Mining Inc. She has significant expertise in transitioning projects from exploration to production, which is seen as crucial as SilverCrest advances its Las Chispas Mine toward commercial production. Eric Fier, CEO, expressed enthusiasm about the strategic value she brings to the company's leadership.

Positive

• Appointment of Anna Ladd-Kruger will strengthen the Board with her mining and financial expertise.
• Ladd-Kruger's experience in transitioning projects to production could accelerate Las Chispas Mine development.

Negative

• None.

TSX: SIL | NYSE American: SILV

VANCOUVER, BC, July 14, 2022  /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce the appointment of Ms. Anna Ladd-Kruger to the Company's Board of Directors (the "Board"), effective immediately. Ms. Ladd-Kruger brings a strong financial background and extensive mining industry experience from her more than 20-year career.

N. Eric Fier, CEO commented, "We are excited to welcome Ms. Ladd-Kruger to the SilverCrest Board of Directors. As we continue to advance the Las Chispas Mine to commercial production, Ms. Ladd-Kruger's skill set and experience leading companies through various phases of development, including the transition to production, will be a valuable asset to the Company".

Anna Ladd-Kruger

Throughout her career, Ms. Ladd-Kruger has held key executive positions at several Canadian publicly listed mining companies, including roles supporting the transition from exploration to production and raising substantial debt and equity. Most recently, Ms. Ladd-Kruger was the Chief Financial Officer (CFO) of McEwen Mining Inc. where she was brought in to lead financial and operational turnaround strategies and was key to the McEwen Copper Asset spin-out, including serving as its CFO and director. Ms. Ladd-Kruger was previously the CFO of Trevali Mining Corporation, an international base metals mining company where she was part of the original executive management team that grew the company from a junior exploration company into a mid-tier global base metal producer.  Ms. Ladd-Kruger previously served as the CFO and VP Corporate Development for a number of mining companies and began her career working at Vale S.A.'s Thompson and Sudbury Canadian operations before joining Kinross Gold Corporation as their North American Group Controller.

Ms. Ladd-Kruger currently serves as a director for Nova Minerals (Chair), Integra Resources (Audit Chair), and Excellon Resources Inc. (until July 31, 2022). She is a Certified Public Accountant (CPA, CMA), holds the Canadian Institute of Corporate Directors designation (ICD.D), a Master's in Economics from Queen's University and a Bachelor of Commerce from the University of British Columbia.

ABOUT SILVERCREST METALS INC.

SilverCrest is a Canadian precious metals exploration and development company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and near-term production in Mexico's historic precious metal districts. The Company's top priority is on the high-grade, historic Las Chispas mining district in Sonora, Mexico, where it has completed construction of its Las Chispas Mine and is proceeding with commissioning. SilverCrest is the first company to successfully drill-test the historic Las Chispas Property resulting in numerous high-grade precious metal discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.

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SOURCE SilverCrest Metals Inc.

FAQ

Who is Anna Ladd-Kruger and what is her role at SilverCrest?

Anna Ladd-Kruger has been appointed to the Board of Directors of SilverCrest Metals, bringing over 20 years of experience in the mining industry.

What impact will Anna Ladd-Kruger's appointment have on SilverCrest?

Her appointment is expected to enhance the Board’s strategic direction, especially in advancing the Las Chispas Mine to production.

When was Anna Ladd-Kruger appointed to SilverCrest's Board?

Anna Ladd-Kruger was appointed to the Board of Directors effective July 14, 2022.

What does SilverCrest focus on in its operations?

SilverCrest focuses on precious metals exploration and development, particularly in Mexico's historical mining districts.