Troy Minerals Strengthens Leadership Team
Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF) announces key leadership changes as part of its transition from exploration to cash flow production. Yannis Tsitos, a 35-year mining industry veteran and former BHP executive, has been appointed as President, while Rana Vig continues as CEO. Tsitos brings extensive experience from working in 32 countries, including Mongolia, and has been instrumental in over 50 exploration and mining agreements. The company also engaged Hillside Media & Consulting for a 30-day digital marketing campaign at $20,000 to increase corporate awareness.
Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF) annuncia importanti cambiamenti nella leadership come parte della sua transizione dall'esplorazione alla produzione di flusso di cassa. Yannis Tsitos, un veterano dell'industria mineraria con 35 anni di esperienza e ex dirigente della BHP, è stato nominato Presidente, mentre Rana Vig continua come CEO. Tsitos porta con sé una vasta esperienza avendo lavorato in 32 paesi, inclusa la Mongolia, ed è stato fondamentale in oltre 50 accordi di esplorazione e mining. L'azienda ha anche ingaggiato Hillside Media & Consulting per una campagna di marketing digitale di 30 giorni al costo di 20.000 dollari per aumentare la consapevolezza aziendale.
Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF) anuncia cambios clave en el liderazgo como parte de su transición de la exploración a la producción de flujo de efectivo. Yannis Tsitos, un veterano de 35 años en la industria minera y exejecutivo de BHP, ha sido nombrado Presidente, mientras que Rana Vig continúa como CEO. Tsitos aporta una amplia experiencia tras haber trabajado en 32 países, incluida Mongolia, y ha sido fundamental en más de 50 acuerdos de exploración y minería. La compañía también ha contratado a Hillside Media & Consulting para una campaña de marketing digital de 30 días a un costo de 20,000 dólares para aumentar la visibilidad corporativa.
Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF)는 탐사에서 현금 흐름 생산으로의 전환의 일환으로 주요 리더십 변화를 발표했습니다. Yannis Tsitos, 35년 경력의 광업 분야 베테랑이자 과거 BHP의 경영진, 이사장직에 임명되었으며 Rana Vig는 CEO로 계속 활동합니다. Tsitos는 몽골을 포함한 32개국에서 근무한 광범위한 경험을 보유하고 있으며 50건 이상의 탐사 및 채굴 계약에 중요한 역할을 해왔습니다. 또한 회사는 기업 인지도를 높이기 위해 30일간의 디지털 마케팅 캠페인을 위해 Hillside Media & Consulting를 20,000달러에 고용했습니다.
Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF) annonce des changements clés dans sa direction dans le cadre de sa transition de l'exploration à la production de flux de trésorerie. Yannis Tsitos, un vétéran de 35 ans de l'industrie minière et ancien dirigeant de BHP, a été nommé Président, tandis que Rana Vig continue d'assurer le rôle de CEO. Tsitos apporte une vaste expérience acquise dans 32 pays, y compris la Mongolie, et a joué un rôle essentiel dans plus de 50 accords d'exploration et de minage. L'entreprise a également engagé Hillside Media & Consulting pour une campagne de marketing numérique de 30 jours au prix de 20 000 dollars afin d'accroître la notoriété de l'entreprise.
Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF) kündigt wichtige Änderungen in der Führung als Teil seines Übergangs von der Exploration zur Cashflow-Produktion an. Yannis Tsitos, ein 35-jähriger Veteran der Bergbauindustrie und ehemaliger BHP-Manager, wurde zum Präsidenten ernannt, während Rana Vig weiterhin CEO bleibt. Tsitos bringt umfassende Erfahrungen aus 32 Ländern mit, darunter auch die Mongolei, und war maßgeblich an über 50 Explorations- und Bergbauverträgen beteiligt. Das Unternehmen hat zudem Hillside Media & Consulting für eine 30-tägige digitale Marketingkampagne zu einem Preis von 20.000 Dollar engagiert, um das Unternehmensbewusstsein zu steigern.
- Strategic leadership enhancement with appointment of experienced mining veteran as President
- Current CEO maintains significant ownership stake (11%+) while focusing on CEO role
- New President brings 35 years of international mining experience, including specific expertise in Mongolia
- Clear strategic direction towards transitioning from exploration to cash flow producing company
- Additional marketing expenses of $20,000 for short-term 30-day campaign
VANCOUVER, BC / ACCESSWIRE / November 7, 2024 / Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce that following up on its aggressive plans to transition from an exploration company to a cash flow producing company by rapidly advancing its silica projects in North America and Mongolia, it has appointed, Yannis Tsitos, a professional with 35 years' international exploration / mining experience and former BHP veteran, as President of the Company.
Rana Vig, who to date has served both as President and CEO, owning more than
"Strengthening our management team is a very important step in order to advance our vision of transitioning Troy Minerals from exploration to production. I'm very excited to have by my side a seasoned and well-respected Canadian mining veteran who, without a doubt, will provide tremendous value to both myself and the company," said Rana Vig, Chief Executive Officer of Troy Minerals.
"I'm thankful and very pleased to join the team at Troy at such an important period for transformational corporate milestones and significant growth. I have already been a good-size shareholder of the Company, as I believe that the critical minerals sector is now building momentum to meet the exponentially growing global demand. Troy and its projects are strategically located close to infrastructure in both Asia and North America and our management should continue working, efficiently and effectively, towards their development in order to become part of this exciting roadmap." said Yannis Tsitos, the Company's newly appointed President.
Mr. Tsitos has over 35 years of experience in the mining industry, having spent 19 of those years with the BHP Billiton group. In his time in the industry, he has worked projects in 32 countries inclusive of Mongolia, has lived and worked in South Africa, Ecuador, Greece and United Kingdom, and has been working in Canada since 2000. Originally a physicist-geophysicist, he left BHP in 2008, where he had the title of New Business Manager for Global Minerals Exploration. He has been instrumental in the identification, negotiation and execution of more than 50 exploration, joint venture, royalty, mining and commodity trading agreements over 11 different commodities with juniors, majors, as well as with state exploration and mining companies. He was the President of Goldsource Mines till its recent acquisition (July 2024) by the precious metals' producer, Mako Mining. Mr. Tsitos sits on several companies' boards as an Independent Director, has published articles in exploration and mining magazines on relevant topics and has been a strong advocate of anti-corruption policies in the mining industry.
Mr. Tsitos has also been part of two discovery teams with BHP Billiton in porphyry-copper and nickel-sulphide deposits. He holds a B.Sc. degree in Physics from the University of Athens and a master's degree in Applied Geophysics and Geology from the University of Birmingham, UK. In addition, he completed management and finance studies as part of an MBA program with Herriot Watt University, Edinburgh.
MARKETING AGREEMENT
The Company also announces that it has engaged Hillside Media & Consulting Inc., ("Hillside") located at 474 Main Street, Penticton, B.C. V2A 5C5 (email: hillsideconsultingmedia@gmail.com) to provide digital marketing services, including SEO (search engine optimization), PPC (pay per click), e-mail, YouTube, and social media channels, to increase corporate awareness. The media disseminated will be generated using publicly available information. The company will pay Hillside a cash fee of
ON BEHALF OF THE BOARD
Rana Vig | CEO & Director
604-218-4766
rana@ranavig.com
ABOUT TROY MINERALS INC.
Troy Minerals is a Canadian based publicly listed mining company focused on building shareholder value through acquisition, exploration, and development of strategically located "critical" mineral assets. Troy is aggressively advancing its projects within the silica (silicon), vanadium and rare earths industries within regions that exhibit high and growing demand for such commodities, in both North America and Central-East Asia. The Company's primary objective is the near-term prospect of production with a vision of becoming a cash-flowing mining company to ultimately deliver tangible monetary value to shareholders, state, and local communities.
Forward-Looking Statements
Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Troy Resources Inc. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
SOURCE: Troy Minerals Inc.
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