Solaris Expands Leadership Team
Solaris Resources (TSX: SLS; NYSE: SLSR) has announced key leadership appointments to strengthen its management team. Richard Hughes has been appointed as Chief Financial Officer and Company Secretary, succeeding Sunny Lowe. Hughes brings over 20 years of experience in the natural resources sector and previously served as CFO at Trident Royalties PLC.
Additionally, Patrick Chambers has been named Vice President of Investor Relations, bringing 12 years of Latin America-focused experience across various commodities. Ignacio Shimamoto joins as Vice President of Finance, responsible for financial strategy, reporting, modeling, and procurement management.
The appointments are effective immediately and align with the company's strategy to maximize stakeholder returns. The company is continuing de-risking activities at its Warintza project, described as a world-class multi-generational copper deposit, throughout 2025.
Solaris Resources (TSX: SLS; NYSE: SLSR) ha annunciato importanti nomine di leadership per rafforzare il suo team dirigenziale. Richard Hughes è stato nominato Direttore Finanziario e Segretario Aziendale, succedendo a Sunny Lowe. Hughes porta con sé oltre 20 anni di esperienza nel settore delle risorse naturali e in precedenza ha ricoperto il ruolo di CFO presso Trident Royalties PLC.
Inoltre, Patrick Chambers è stato nominato Vicepresidente delle Relazioni con gli Investitori, portando con sé 12 anni di esperienza focalizzata sull'America Latina in vari settori delle materie prime. Ignacio Shimamoto si unisce come Vicepresidente della Finanza, responsabile della strategia finanziaria, della rendicontazione, della modellazione e della gestione degli approvvigionamenti.
Le nomine hanno effetto immediato e sono in linea con la strategia dell'azienda di massimizzare i ritorni per gli azionisti. L'azienda sta proseguendo le attività di riduzione dei rischi nel suo progetto Warintza, descritto come un deposito di rame multi-generazionale di classe mondiale, fino al 2025.
Solaris Resources (TSX: SLS; NYSE: SLSR) ha anunciado nombramientos clave en liderazgo para fortalecer su equipo de gestión. Richard Hughes ha sido designado como Director Financiero y Secretario de la Empresa, sucediendo a Sunny Lowe. Hughes aporta más de 20 años de experiencia en el sector de recursos naturales y anteriormente se desempeñó como CFO en Trident Royalties PLC.
Además, Patrick Chambers ha sido nombrado Vicepresidente de Relaciones con Inversores, aportando 12 años de experiencia centrada en América Latina en diversas mercancías. Ignacio Shimamoto se une como Vicepresidente de Finanzas, siendo responsable de la estrategia financiera, informes, modelado y gestión de adquisiciones.
Los nombramientos son efectivos de inmediato y se alinean con la estrategia de la compañía para maximizar los retornos de los accionistas. La compañía continúa con las actividades de reducción de riesgos en su proyecto Warintza, descrito como un depósito de cobre multi-generacional de clase mundial, durante 2025.
Solaris Resources (TSX: SLS; NYSE: SLSR)는 경영진 강화를 위한 핵심 리더십 임명을 발표했습니다. Richard Hughes가 최고재무책임자 및 회사 비서로 임명되어 Sunny Lowe를 대신하게 되었습니다. Hughes는 자원 산업에서 20년 이상의 경력을 보유하고 있으며, 이전에는 Trident Royalties PLC의 CFO로 재직했습니다.
또한 Patrick Chambers가 투자자 관계 부사장으로 임명되었으며, 그는 다양한 원자재 분야에서 라틴아메리카 중심의 12년 이상의 경험을 가지고 있습니다. Ignacio Shimamoto는 재무 부사장으로 합류하여 재무 전략, 보고, 모델링 및 조달 관리 책임을 맡게 됩니다.
이번 임명은 즉시 발효되며, 회사의 주주 수익 극대화 전략과 일치합니다. 이 회사는 2025년까지 세계적 수준의 다세대 구리 매장지로 설명되는 Warintza 프로젝트에서 위험 감소 활동을 계속하고 있습니다.
Solaris Resources (TSX: SLS; NYSE: SLSR) a annoncé des nominations clés au sein de sa direction pour renforcer son équipe de management. Richard Hughes a été nommé directeur financier et secrétaire de la société, succédant à Sunny Lowe. Hughes apporte plus de 20 ans d'expérience dans le secteur des ressources naturelles et a précédemment occupé le poste de CFO chez Trident Royalties PLC.
De plus, Patrick Chambers a été nommé vice-président des relations avec les investisseurs, apportant 12 ans d'expérience axée sur l'Amérique latine dans divers secteurs des matières premières. Ignacio Shimamoto rejoint l'équipe en tant que vice-président des finances, avec la responsabilité de la stratégie financière, des rapports, de la modélisation et de la gestion des achats.
Les nominations prennent effet immédiatement et s'alignent sur la stratégie de l'entreprise visant à maximiser les retours pour les parties prenantes. L'entreprise poursuit ses activités de réduction des risques sur son projet Warintza, décrit comme un gisement de cuivre multi-générationnel de classe mondiale, tout au long de 2025.
Solaris Resources (TSX: SLS; NYSE: SLSR) hat bedeutende Führungspositionen bekannt gegeben, um sein Management-Team zu stärken. Richard Hughes wurde zum Chief Financial Officer und Unternehmenssekretär ernannt und tritt die Nachfolge von Sunny Lowe an. Hughes bringt über 20 Jahre Erfahrung im Naturressourcensektor mit und war zuvor CFO bei Trident Royalties PLC.
Zusätzlich wurde Patrick Chambers zum Vizepräsidenten für Investor Relations ernannt und bringt 12 Jahre Latainamerika-fokussierte Erfahrung aus verschiedenen Rohstoffen mit. Ignacio Shimamoto tritt als Vizepräsident für Finanzen bei und ist verantwortlich für Finanzstrategie, Berichterstattung, Modellierung und Beschaffungsmanagement.
Die Ernennungen treten sofort in Kraft und stimmen mit der Strategie des Unternehmens überein, die Renditen für die Stakeholder zu maximieren. Das Unternehmen setzt seine Risiko-Reduzierungsaktivitäten bei dem Warintza-Projekt, das als weltweit führendes, mehrgenerationen großes Kupferlager beschrieben wird, bis 2025 fort.
- Strategic expansion of leadership team with experienced executives
- New CFO brings 20 years of natural resources sector experience
- Strengthened financial oversight and strategic planning capabilities
- Enhanced investor relations with Latin America-focused expertise
- Management continuity risk with departure of previous CFO
HIGHLIGHTS:
- Solaris advances emigration by expanding its leadership team
- Richard Hughes appointed as CFO to lead the finance and associated functions
- Patrick Chambers appointed as VP, Investor Relations to drive global investor engagement
- Ignacio Shimamoto appointed as VP, Finance to oversee financial strategy
- Final emigration steps are complete subject to a few administerial matters
QUITO, Ecuador, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce the strengthening of its leadership team with the appointment of Richard Hughes as Chief Financial Officer and Company Secretary, Patrick Chambers as Vice President Investor Relations and Ignacio Shimamoto as Vice President Finance, effective immediately.
Richard, who succeeds Sunny Lowe as CFO, will lead the finance function leveraging his recent experience as CFO and Executive Director of Trident Royalties PLC, which was recently acquired. With over 20 years in the natural resources sector, Richard has a strong track record of generating value for all stakeholders through his significant knowledge across strategy, capital markets and corporate finance. Patrick will drive global investor engagement, leveraging his strong geological, investor relations and business development background. Over the past 12 years, Patrick has worked across a number of commodities, focusing exclusively on Latin America. Ignacio joins Solaris as VP, Finance where he will lead financial strategy which includes external and internal reporting, financial modelling, and oversee procurement and contract management. He will focus on enhancing operational efficiency, strengthening compliance, and supporting the Company’s growth through strategic planning, financial oversight, and valuations of projects and investments.
Matthew Rowlinson, President and CEO commented, “I am delighted to welcome Richard, Patrick and Ignacio to the management team and look forward to working closely with them to execute our strategy of maximizing returns for all stakeholders. I would also like to thank the outgoing Solaris team for their service to the Company and for playing a pivotal role in establishing the Warintza project as a world-class multi-generational copper deposit. 2025 is an exciting year for the Company as the project continues de-risking activities and I look forward to keeping the market updated on the value accretive progress.”
About Richard Hughes: Chief Financial Officer
Richard Hughes has over 20 years of experience in the natural resources sector with a strong value creation track record and significant knowledge across strategy, capital markets and corporate finance. Richard most recently served as CFO and Executive Director of Trident Royalties PLC, a position he assumed in September 2022 until its acquisition in late 2024. Prior to joining Trident, he founded an independent consultancy providing corporate finance advisory services to both mining and royalty finance companies. Before that he was a senior member of the Metals and Mining Investment Banking team at RBC Capital Markets based in London from 2010 to 2018. Richard began his career at CIBC, where he was a member of the Global Mining Group. Richard holds an MA (Oxon) in Economics and Management, from the University of Oxford, UK.
In connection with his appointment, Mr. Hughes has agreed to subscribe for C
About Patrick Chambers: Vice President, Investor Relations
Patrick Chambers is a metals and mining investor relations professional with an extensive track record across a range of commodities with a focus on Latin America. Starting his career as an exploration geologist with Fresnillo PLC in Mexico, he transitioned into a corporate finance role before then relocating to London to join their investor relations team. Patrick most recently served as Head of Investor Relations at Horizonte Minerals focused on Brazil where he shaped their IR programme as the company transitioned from a development company towards production. Patrick holds a BSc in Geology from Edinburgh University, UK.
About Ignacio Shimamoto: Vice President, Finance
Ignacio Shimamoto is a senior finance executive with over 20 years of experience in financial planning, business improvement, acquisitions, and cost optimization within the natural resources sectors. He has a proven ability to enhance performance, streamline processes, and drive operational efficiencies in complex, multicultural environments. Having served as Finance Manager for Copper Peru at Glencore where he led the financial operations of strategic projects such as Antapaccay and Coroccohuayco, he was later appointed Regional Finance Manager and Business Improvements where he led continuous improvement strategies and financial optimization initiatives across mining operations in Argentina, Chile, and Peru. Ignacio began his career with Shell Argentina and later advanced through senior positions at Minera Alumbrera, where he gained extensive expertise in the mining and oil sectors, specializing in corporate finance, cost analysis, and project evaluation.
Final Emigration Steps
The Company announces that the final emigration steps are now complete, subject to a few administerial matters. See the Company’s news release dated November 20, 2024, for additional detail.
On behalf of the Board of Solaris Resources Inc.
“Matthew Rowlinson”
President & CEO, Director
For Further Information
Patrick Chambers, VP Investor Relations
Email: pchambers@solarisresources.com
About Solaris Resources Inc.
Solaris is a copper-gold exploration and development company, committed to a sustainable future by empowering communities and stakeholders through our dedication to participatory and responsible mining. The Warintza Project, a large copper-gold porphyry deposit, with a disclosed resource endowment of over 2.3Bn tonnes is a unique, global scale and multigenerational asset with low capital intensity located in southeast Ecuador. The Company also owns a series of grassroot exploration projects with discovery potential in Peru and Chile and a
Cautionary Notes and Forward-looking Statements
This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of the words “will” and “expected” and similar expressions are intended to identify forward-looking statements. These statements include statements regarding the Company’s future growth or value, and expectations regarding the performance and focus of the new management team and Board of Directors; the terms of the private placement; the ability of the Company to satisfy regulatory, stock exchange and commercial closing conditions of the private placement; and the timing, benefits, structure and completion of the proposed emigration. Although Solaris believes that the expectations reflected in such forward-looking statements and/or information are reasonable, readers are cautioned that actual results may vary from the forward-looking statements. The Company has based these forward-looking statements and information on the Company’s current expectations and assumptions about future events including assumptions regarding the exploration and regional programs. These statements also involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in the Solaris Management’s Discussion and Analysis, for the year ended December 31, 2023 available at www.sedarplus.ca. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and Solaris does not undertake any obligation to publicly update or revise any of these forward-looking statements except as may be required by applicable securities laws.
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