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Solis Minerals Announces Management Restructure to Reflect Exploration Focus

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Solis Minerals (ASX: SLM) has announced a management restructure to reflect its exploration focus. Michael Parker has been appointed as Executive Director, transitioning from his role as Non-Executive Director. Parker, a geologist with extensive experience in exploration and project development, will oversee the company's Latin American exploration operations. His background includes senior positions at First Quantum Minerals, where he was responsible for major copper discoveries and corporate strategy implementation in Latin America.

The company is focusing on copper exploration in the Peruvian coastal belt, with drilling planned for later this year and into 2025. Matt Boyes has resigned as director and officer, effective August 30, 2024. This restructuring aligns with Solis Minerals' strategy to create shareholder value through its exploration activities.

Solis Minerals (ASX: SLM) ha annunciato una riorganizzazione della gestione per riflettere il suo focus sull'esplorazione. Michael Parker è stato nominato Direttore Esecutivo, passando dal ruolo di Direttore Non Esecutivo. Parker, un geologo con ampia esperienza nell'esplorazione e nello sviluppo di progetti, supervisionerà le operazioni di esplorazione della società in America Latina. Il suo background include posizioni di rilievo presso First Quantum Minerals, dove era responsabile per importanti scoperte di rame e per l'implementazione della strategia aziendale in America Latina.

L'azienda si sta concentrando sull'esplorazione del rame nella fascia costiera peruviana, con perforazioni previste per la fine di quest'anno e nel 2025. Matt Boyes si è dimesso da direttore e funzionario, con effetto dal 30 agosto 2024. Questa ristrutturazione è in linea con la strategia di Solis Minerals di creare valore per gli azionisti attraverso le sue attività di esplorazione.

Solis Minerals (ASX: SLM) ha anunciado una reestructuración de la gestión para reflejar su enfoque en la exploración. Michael Parker ha sido nombrado Director Ejecutivo, transitando desde su rol de Director No Ejecutivo. Parker, un geólogo con amplia experiencia en exploración y desarrollo de proyectos, supervisará las operaciones de exploración de la empresa en América Latina. Su trayectoria incluye puestos senior en First Quantum Minerals, donde fue responsable de importantes descubrimientos de cobre y de la implementación de estrategias corporativas en América Latina.

La compañía se está enfocando en la exploración de cobre en la franja costera peruana, con perforaciones planificadas para fines de este año y hasta 2025. Matt Boyes ha renunciado a su puesto de director y oficial, efectivo el 30 de agosto de 2024. Esta reestructuración está alineada con la estrategia de Solis Minerals de crear valor para los accionistas a través de sus actividades de exploración.

Solis Minerals (ASX: SLM)는 탐사 초점을 반영하기 위해 경영 구조 조정을 발표했습니다. 마이클 파커전무 이사로 임명되었으며, 비상임 이사에서 역할이 전환되었습니다. 탐사 및 프로젝트 개발에 대한 폭넓은 경험을 가진 지질학자인 파커는 회사의 라틴 아메리카 탐사 작업을 감독할 것입니다. 그의 경력에는 라틴 아메리카에서 주요 구리 발견과 기업 전략 구현을 담당했던 First Quantum Minerals의 고위직이 포함됩니다.

회사는 페루 해안 지역에서의 구리 탐사에 주력하고 있으며, 올해 말과 2025년 동안 드릴링이 계획되어 있습니다. 맷 보예스는 2024년 8월 30일부로 임원직에서 사임했습니다. 이번 구조 조정은 솔리스 미네랄스의 탐사 활동을 통해 주주 가치를 창출하려는 전략과 일치합니다.

Solis Minerals (ASX: SLM) a annoncé une réorganisation de la direction pour refléter son orientation vers l'exploration. Michael Parker a été nommé Directeur Exécutif, passant de son rôle de Directeur Non Exécutif. Parker, un géologue possédant une vaste expérience dans l'exploration et le développement de projets, supervisera les opérations d'exploration de l'entreprise en Amérique Latine. Son parcours comprend des postes élevés chez First Quantum Minerals, où il était responsable de découvertes majeures de cuivre et de la mise en œuvre de stratégies d'entreprise en Amérique Latine.

L'entreprise se concentre sur l'exploration du cuivre dans la zone côtière du Pérou, avec des forages prévus pour la fin de cette année et jusqu'en 2025. Matt Boyes a démissionné de son poste de directeur et de fonctionnaire, avec effet au 30 août 2024. Cette réorganisation est conforme à la stratégie de Solis Minerals de créer de la valeur pour les actionnaires grâce à ses activités d'exploration.

Solis Minerals (ASX: SLM) hat eine Umstrukturierung des Managements angekündigt, um seinen Fokus auf die Exploration widerzuspiegeln. Michael Parker wurde zum Exekutivdirektor ernannt, nachdem er von seiner Rolle als Nicht-Exekutivdirektor gewechselt ist. Parker, ein Geologe mit umfangreicher Erfahrung in der Exploration und Projektentwicklung, wird die lateinamerikanischen Explorationsaktivitäten des Unternehmens leiten. Sein Hintergrund umfasst leitende Positionen bei First Quantum Minerals, wo er für bedeutende Kupferentdeckungen und die Umsetzung der Unternehmensstrategie in Lateinamerika verantwortlich war.

Das Unternehmen konzentriert sich auf die Kupferexploration im peruanischen Küstenbereich, mit Bohrungen, die für Ende dieses Jahres und bis ins Jahr 2025 geplant sind. Matt Boyes hat sein Amt als Direktor und Funktionär zum 30. August 2024 niedergelegt. Diese Umstrukturierung steht im Einklang mit der Strategie von Solis Minerals, den Aktionärswert durch seine Explorationsaktivitäten zu steigern.

Positive
  • Appointment of experienced geologist Michael Parker as Executive Director
  • Focus on copper exploration in the prospective Peruvian coastal belt
  • Planned drilling activities for late 2024 and 2025
Negative
  • Resignation of Matt Boyes as director and officer

West Leederville, Western Australia--(Newsfile Corp. - August 21, 2024) - Solis Minerals Limited (ASX: SLM) ("Solis" or the "Company") is pleased to announce that Mr. Michael Parker has been appointed Executive Director of the Company following his stewardship of the Company as Non-Executive Director since the ASX listing in December 2021. Mike will be responsible for the operation of the Company's exploration businesses in Latin America.

Mike is a geologist by training and has been a member of the FAusIMM for 16 years. He has extensive experience in exploration and project development, overseeing projects from discovery through construction to production. He held senior country manager positions with First Quantum Minerals (FQM) and was responsible for two major copper discoveries: the Lonshi and Frontier Mines. From 2011 to 2017, Mike was country manager for FQM in Peru, responsible for the design and implementation of FQM's corporate strategy in Latin America, including Argentina and Chile. Mike has a BSc Mining Geology (Honours), University of Leicester, UK.

As recently reported, Solis is focused on pursuing copper exploration targets located in the highly prospective and emerging Peruvian coastal belt. Over the last two years, Mike has led the team in Peru that has grown and matured the portfolio into targets that will be drilled later this year and into 2025. He will continue to provide valuable input as the Company continues to pursue growth strategy to create shareholder value.

Mr. Matt Boyes has resigned as a director and officer from Solis effective 30 August 2024. The Board would like to thank Matt for his significant contribution for the past 18 months and wish him well for the future.

This announcement is authorised by the Board of Directors of Solis Minerals Ltd.

Australia
Chris Gale
Chairman
Solis Minerals Limited
 
Kevin Wilson
Non-Executive Director
Solis Minerals Ltd

 

Address: Unit 3, 32 Harrogate Street, West Leederville WA 6007
 
Phone: 08 6117 4798 for Australia office
(604) 209-1658 for Canada office
 
www.solisminerals.com
Email: info@solisminerals.com
 
Media Contact:
Stephanie Richardson
s.richardson@morrowsodali.com
 
phone: +61 423 459 440

 

About Solis Minerals Ltd.

Solis Minerals is an emerging lithium and copper explorer, focused on unlocking the vast potential of its South American critical minerals portfolio. The Company is building a significant copper portfolio around its core tenements of Ilo Este and Ilo Norte and currently holds 47 exploration concessions for a total of 37,100Ha (36 concessions granted with 11 applications in process).

The Company is led by a highly-credentialled and proven team with excellent experience across the mining lifecycle in South America. Importantly, Solis has a strong balance sheet to fund future exploration, permitting and drilling programs, and is actively considering a range of new opportunities across varied commodities and jurisdictions. South America is a key player in the global export market for critical minerals and Solis, under its leadership team, is strategically positioned to capitalise on growth the opportunities within this mineral-rich region.

Forward-Looking Statements

This news release contains certain forward-looking statements that relate to future events or performance and reflect management's current expectations and assumptions. Such forward- looking statements reflect management's current beliefs and are based on assumptions made and information currently available to the Company. Readers are cautioned that these forward- looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected, including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, including the timing thereof for 2025 exploration, environmental risks, future metal prices, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. These forward-looking statements are made as of the date hereof, and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220735

FAQ

Who has been appointed as Executive Director of Solis Minerals (SLMFF)?

Michael Parker has been appointed as Executive Director of Solis Minerals (SLMFF), transitioning from his previous role as Non-Executive Director.

What is Solis Minerals' (SLMFF) current exploration focus?

Solis Minerals (SLMFF) is focusing on copper exploration targets in the highly prospective and emerging Peruvian coastal belt.

When does Solis Minerals (SLMFF) plan to start drilling activities?

Solis Minerals (SLMFF) plans to start drilling activities later in 2024 and continue into 2025.

Who has resigned from Solis Minerals (SLMFF) and when is it effective?

Matt Boyes has resigned as a director and officer from Solis Minerals (SLMFF), effective August 30, 2024.

SOLIS MINERALS LTD

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