Sorrento Resources Announces Appointment of Alex Bugden as President and Chief Executive Officer
Sorrento Resources announces the appointment of Alex Bugden as President and CEO. Bugden, a P. Geo with over 5 years of experience in exploration and mining, specializes in Newfoundland and Labrador regions, focusing on volcanogenic massive sulphide, orogenic gold, and lithium-cesium-tantalum pegmatite mineralization. Former President and CEO, Brayden Sutton, will stay on as a director. Bugden aims to expedite exploration efforts, particularly on the Lord Baron Project, leveraging the company's existing asset base and experienced board. The change is expected to unlock significant potential and generate shareholder value.
Sorrento Resources annuncia la nomina di Alex Bugden come Presidente e CEO. Bugden, un P. Geo con oltre 5 anni di esperienza nell'esplorazione e nello sfruttamento minerario, si specializza nelle regioni di Terranova e Labrador, concentrandosi sulla mineralizzazione di solfuri massivi volcanogenici, oro orogenico e pegmatite di litio-cesio-tantalio. L'ex Presidente e CEO, Brayden Sutton, rimarrà come direttore. Bugden mira a accelerare gli sforzi di esplorazione, in particolare sul Progetto Lord Baron, sfruttando la base di attivi esistente dell'azienda e un consiglio esperto. Il cambiamento è previsto per sbloccare un potenziale significativo e generare valore per gli azionisti.
Sorrento Resources anuncia el nombramiento de Alex Bugden como Presidente y CEO. Bugden, un P. Geo con más de 5 años de experiencia en exploración y minería, se especializa en las regiones de Terranova y Labrador, enfocándose en la mineralización de sulfuros masivos volcanogénicos, oro orogénico y pegmatita de litio-cesio-tantalio. El ex Presidente y CEO, Brayden Sutton, permanecerá como director. Bugden tiene como objetivo acelerar los esfuerzos de exploración, particularmente en el Proyecto Lord Baron, aprovechando la base de activos existente de la compañía y un consejo experimentado. Se espera que este cambio desbloquee un potencial significativo y genere valor para los accionistas.
소렌토 리소스는 알렉스 버그든을 회장 겸 CEO로 임명한다고 발표했습니다. 버그든은 탐사 및 채굴 분야에서 5년 이상의 경험을 가진 P. Geo로, 뉴펀들랜드와 래브라도 지역에서 전문성을 발휘하며 화산성 대규모 황화물, 오로진 금 및 리튬-세슘-탄탈럼 페그마타이트 광물화에 주력하고 있습니다. 전 회장 겸 CEO인 브레이든 서튼은 이사로 남기로 했습니다. 버그든은 회사의 기존 자산 및 경험이 풍부한 이사회를 활용하여 롯드 바론 프로젝트를 중심으로 탐사 노력을 가속화하는 것을 목표로 하고 있습니다. 이 변화는 상당한 잠재력을 열어주고 주주 가치를 창출할 것으로 예상됩니다.
Sorrento Resources annonce la nomination de Alex Bugden en tant que président et CEO. Bugden, un P. Geo avec plus de 5 ans d'expérience dans l'exploration et l'exploitation minière, se spécialise dans les régions de Terre-Neuve et du Labrador, en mettant l'accent sur la minéralisation de sulfures massifs volcanogéniques, d'or orogénique et de pegmatite de lithium-césium-tantal. L'ancien président et CEO, Brayden Sutton, restera en tant que directeur. Bugden vise à accélérer les efforts d'exploration, en particulier sur le projet Lord Baron, en tirant parti de la base d'actifs existante de l'entreprise et de son conseil d'administration expérimenté. Ce changement devrait débloquer un potentiel significatif et générer de la valeur pour les actionnaires.
Sorrento Resources gibt die Ernennung von Alex Bugden zum Präsidenten und CEO bekannt. Bugden, ein P. Geo mit über 5 Jahren Erfahrung in Exploration und Bergbau, hat sich auf die Regionen Neufundland und Labrador spezialisiert und konzentriert sich auf vulkanogene massive Sulfide, orogenes Gold und Lithium-Ce-Sium-Tantal-Mineralisierung. Der ehemalige Präsident und CEO, Brayden Sutton, wird weiterhin als Direktor tätig sein. Bugden beabsichtigt, die Explorationsbemühungen, insbesondere im Lord Baron Projekt, voranzutreiben und dabei die bestehenden Vermögenswerte des Unternehmens sowie den erfahrenen Vorstand zu nutzen. Der Wechsel wird voraussichtlich erhebliches Potenzial freisetzen und den Aktionärswert steigern.
- Appointment of Alex Bugden as CEO with over 5 years of relevant experience.
- Focus on expediting exploration efforts on the Lord Baron Project.
- Strong asset base and experienced board support.
- Resignation of Brayden Sutton as President and CEO may cause transitional uncertainties.
Vancouver, British Columbia--(Newsfile Corp. - September 3, 2024) - SORRENTO RESOURCES LTD. (CSE: SRS) (OTCQB: SRSLF) (the "Company") is pleased to announce that Mr. Alex Bugden was appointed as President and Chief Executive Officer of the Company.
Mr. Bugden, P. Geo, who is already a director of the Company, holds a B.Sc (hons.) in Earth Science from Memorial University of Newfoundland. Mr. Bugden has over 5 years of experience in exploration and mining, with a particular focus in Newfoundland and Labrador. He has worked in a diverse set of geological environments as a contractor for an extensive list of junior exploration companies where he was responsible for project management and exploration field operations. Areas of expertise include volcanogenic massive sulphide, orogenic gold, and lithium-cesium-tantalum pegmatite styles of mineralization.
Mr. Brayden Sutton resigned from his role as President and CEO to accommodate Mr. Bugden's appointment but will remain as a director of the Company.
"It is an honour and pleasure to have the support of the board in assuming the role of CEO within the Sorrento team. The existing asset base, along with the Lord Baron acquisition is an opportunistic portfolio of future facing metals, located in one of the best operating jurisdictions in the world. These assets, backed by an experienced board and technical support team, provide a sturdy framework to unlock significant potential for the Company and generate value for shareholders. I look forward to expediting the exploration efforts across the Lord Baron Project. I would also like to thank Brayden Sutton for his service and dedication to the company over the past years." said Alex Bugden.
"I'm truly excited to pass the reins to Alex, a talented and ambitious geologist whose deep connection to our projects and proven expertise make him the ideal leader for this next chapter. Alex's passion and proximity to the field will undoubtedly elevate the company to new heights. I look forward to supporting Alex in this role and continuing to serve the company on its Board of Directors," said Brayden Sutton.
About the Company
Sorrento Resources is engaged in acquisition, exploration, and development of mineral property assets in Canada. The Company's objective is to locate and develop economic precious and base metal properties of merit including the Wing Pond, Tom Joe, Lord Baron projects, the PEG lithium project, and the Harmsworth (VMS) project all located in Newfoundland.
For more information, visit https://sorrentoresources.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
Alex Bugden, P. Geo
Chief Executive Officer
investors@sorrentoresources.ca
604-290-6152
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the anticipated plans for and results of exploration programs are "forward-looking statements". Forward-looking statements in this news release include, but are not limited to, statements with respect to the Property and its mineralization potential, the Company's objectives, goals or future plans with respect to the Property and the timing of results. These forward-looking statements reflect the expectations or beliefs of the management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221659
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