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Edward C. Dowling, Jr. to Stand for Election to the Board of Directors of Wesdome Gold Mines; Appointment as Chair Expected Upon Election

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Wesdome Gold Mines (TSX:WDO, OTCQX:WDOFF) announced that Edward C. Dowling, Jr. will stand for election to the company's board of directors in spring 2025, with plans to appoint him as Board Chair following his election.

Dowling brings over 30 years of mining industry experience and currently serves as President and CEO of Compass Minerals Company. His track record includes successful leadership roles at Alacer Gold Company (2008-2012), where he oversaw the Çöpler Gold Mine development, and Meridian Gold (2006-2007). He has held board positions at several mining companies including Teck Resources, Copper Mountain Mining, and SSR Mining.

With a background in mining and mineral processing engineering, Dowling holds degrees from The Pennsylvania State University and completed Harvard Business School's Advanced Management Program. His appointment aims to strengthen Wesdome's strategic direction and shareholder value through operational excellence and responsible growth.

Wesdome Gold Mines (TSX:WDO, OTCQX:WDOFF) ha annunciato che Edward C. Dowling, Jr. si presenterà per l'elezione nel consiglio di amministrazione dell'azienda nella primavera del 2025, con l'intenzione di nominarlo Presidente del Consiglio dopo la sua elezione.

Dowling porta con sé oltre 30 anni di esperienza nel settore minerario e attualmente ricopre il ruolo di Presidente e CEO della Compass Minerals Company. Il suo curriculum include ruoli di leadership di successo presso Alacer Gold Company (2008-2012), dove ha supervisionato lo sviluppo della miniera d'oro di Çöpler, e Meridian Gold (2006-2007). Ha ricoperto posizioni nei consigli di amministrazione di diverse società minerarie, tra cui Teck Resources, Copper Mountain Mining e SSR Mining.

Con una formazione in ingegneria mineraria e lavorazione dei minerali, Dowling possiede lauree dalla Pennsylvania State University e ha completato il Programma di gestione avanzata della Harvard Business School. La sua nomina ha l'obiettivo di rafforzare la direzione strategica di Wesdome e il valore per gli azionisti attraverso l'eccellenza operativa e una crescita responsabile.

Wesdome Gold Mines (TSX:WDO, OTCQX:WDOFF) anunció que Edward C. Dowling, Jr. se postulará para la elección en la junta directiva de la empresa en la primavera de 2025, con planes de nombrarlo Presidente de la Junta tras su elección.

Dowling aporta más de 30 años de experiencia en la industria minera y actualmente se desempeña como Presidente y CEO de Compass Minerals Company. Su historial incluye roles de liderazgo exitosos en Alacer Gold Company (2008-2012), donde supervisó el desarrollo de la mina de oro Çöpler, y Meridian Gold (2006-2007). Ha ocupado puestos en las juntas de varias empresas mineras, incluyendo Teck Resources, Copper Mountain Mining y SSR Mining.

Con una formación en ingeniería minera y procesamiento de minerales, Dowling tiene títulos de la Universidad Estatal de Pensilvania y completó el Programa de Gestión Avanzada de la Escuela de Negocios de Harvard. Su nombramiento busca fortalecer la dirección estratégica de Wesdome y el valor para los accionistas a través de la excelencia operativa y un crecimiento responsable.

Wesdome Gold Mines (TSX:WDO, OTCQX:WDOFF)는 Edward C. Dowling, Jr.가 2025년 봄에 회사 이사회 후보로 출마할 것이며, 선출 후 이사회 의장으로 임명할 계획이라고 발표했습니다.

Dowling은 30년 이상의 광업 경험을 보유하고 있으며 현재 Compass Minerals Company의 사장 겸 CEO로 재직 중입니다. 그의 경력에는 Alacer Gold Company(2008-2012)에서 Çöpler 금광 개발을 감독한 성공적인 리더십 역할과 Meridian Gold(2006-2007)가 포함됩니다. 그는 Teck Resources, Copper Mountain Mining 및 SSR Mining을 포함한 여러 광업 회사에서 이사직을 맡았습니다.

광업 및 광물 가공 공학 배경을 가진 Dowling은 펜실베이니아 주립대학교에서 학위를 받았으며 하버드 경영대학원의 고급 경영 프로그램을 마쳤습니다. 그의 임명은 운용 우수성과 책임 있는 성장을 통해 Wesdome의 전략적 방향과 주주 가치를 강화하는 것을 목표로 합니다.

Wesdome Gold Mines (TSX:WDO, OTCQX:WDOFF) a annoncé qu'Edward C. Dowling, Jr. se présentera aux élections du conseil d'administration de l'entreprise au printemps 2025, avec l'intention de le nommer Président du Conseil après son élection.

Dowling apporte plus de 30 ans d'expérience dans l'industrie minière et occupe actuellement le poste de Président et CEO de Compass Minerals Company. Son parcours inclut des rôles de leadership réussis chez Alacer Gold Company (2008-2012), où il a supervisé le développement de la mine d'or de Çöpler, et Meridian Gold (2006-2007). Il a occupé des postes au conseil d'administration de plusieurs sociétés minières, notamment Teck Resources, Copper Mountain Mining et SSR Mining.

Avec une formation en ingénierie minière et en traitement des minéraux, Dowling détient des diplômes de la Pennsylvania State University et a complété le Programme de Gestion Avancée de la Harvard Business School. Sa nomination vise à renforcer l'orientation stratégique de Wesdome et la valeur pour les actionnaires grâce à l'excellence opérationnelle et à une croissance responsable.

Wesdome Gold Mines (TSX:WDO, OTCQX:WDOFF) gab bekannt, dass Edward C. Dowling, Jr. sich im Frühjahr 2025 zur Wahl in den Vorstand des Unternehmens stellen wird, mit dem Plan, ihn nach seiner Wahl zum Vorstandsvorsitzenden zu ernennen.

Dowling bringt über 30 Jahre Erfahrung in der Bergbauindustrie mit und ist derzeit Präsident und CEO der Compass Minerals Company. Zu seinem Werdegang gehören erfolgreiche Führungspositionen bei Alacer Gold Company (2008-2012), wo er die Entwicklung der Çöpler Goldmine überwachte, und Meridian Gold (2006-2007). Er hat Vorstandspositionen bei mehreren Bergbauunternehmen innegehabt, darunter Teck Resources, Copper Mountain Mining und SSR Mining.

Mit einem Hintergrund in Bergbau- und Mineralaufbereitungstechnik hat Dowling Abschlüsse von der Pennsylvania State University und hat das Advanced Management Program der Harvard Business School abgeschlossen. Seine Ernennung zielt darauf ab, die strategische Ausrichtung von Wesdome und den Wert für die Aktionäre durch operative Exzellenz und verantwortungsvolles Wachstum zu stärken.

Positive
  • Appointment of highly experienced mining executive with proven track record
  • Strategic addition to strengthen corporate governance and operational oversight
  • Extensive board experience in major mining companies
Negative
  • None.

TORONTO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) is pleased to announce that Mr. Edward C. Dowling, Jr. has agreed to stand for election to the Company’s board of directors at the next annual general meeting, currently scheduled for the spring of 2025. It is anticipated that after Mr. Dowling’s election, he will be appointed as the Chair of the Board.

“With more than 30 years of experience in the mining industry, Ed Dowling has established himself as a strategic and results-oriented executive leader with a proven ability to deliver shareholder value," said Bill Washington, Interim Chair of the Board. "His leadership will be instrumental as Wesdome continues to build on its strong foundation and embarks on an exciting phase of growth."

“I am thrilled to join Wesdome at a pivotal moment in the Company’s journey,” said Mr. Dowling. “Wesdome has a robust operating platform and an exciting exploration pipeline. I look forward to working with the Board and management team to further advance the Company’s position as a value-driven gold producer. My primary focus will be to ensure that Wesdome’s strategic direction aligns with the long-term interests of its shareholders, creating value through operational excellence, project execution, and responsible growth.”

Mr. Dowling is a mining and mineral processing engineer and currently serves as the President and CEO of Compass Minerals Company. Since joining the company in January 2024, he has embarked on a turnaround strategy, which in less than one year has resulted in improved mine flexibility, a nimble management team and improved costs as well as record safety and environmental performance.

Previously, Mr. Dowling was the President and CEO of Alacer Gold Company from 2008 to 2012 where he oversaw the development of the Çöpler Gold Mine in Turkey and the company's subsequent acquisition by SSR Mining Inc. In 2006 and 2007, he served as President and CEO of Meridian Gold, a mid-tier gold mining company that built its reputation on delivering organic growth, low costs and conservative financial management. He has also held leadership positions at DeBeers SA, Cleveland Cliffs, Inc. and Cyprus-Amax Minerals Company.

Mr. Dowling has extensive experience serving on corporate boards. He has been a director of Teck Resources Limited for 12 years and was Chair of Copper Mountain Mining, Deputy Chair of SSR Mining, Chair of Polyus Gold, as well as an independent director of both Detour Gold and Victoria Gold. His governance expertise will further strengthen Wesdome’s commitment to ensuring corporate decisions drive value and align with interests of shareholders. In addition to his corporate roles, Mr. Dowling is actively involved in community and industry initiatives.

He earned a Bachelor of Science in Mining Engineering and Mineral Processing, a Master of Science in Mineral Processing, and a PhD in Mineral Processing from The Pennsylvania State University and completed the Advanced Management Program at Harvard Business School. Additionally, Mr. Dowling served as a Petty Officer (E-5) in the United States Navy from 1974 to 1978.

About Wesdome

Wesdome is a Canadian-focused gold producer with two high-grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Quebec. The Company’s primary goal is to responsibly leverage this operating platform and high-quality brownfield and greenfield exploration pipeline to build Canada’s next intermediate gold producer.

For further information, please contact:
Raj Gill, SVP, Corporate Development & Investor Relations
Trish Moran, VP, Investor Relations
Phone: +1 (416) 360-3743
E-Mail: invest@wesdome.com

To receive Wesdome’s news releases by email, please register on the Company website at www.wesdome.com

Forward Looking Statements
This news release contains “forward-looking information” that involves a number of risks and uncertainties. Forward-looking statements are often identified by the use of words such as “plans,” “expects,” “is expected,” “estimates,” “forecasts,” “intends,” “anticipates,” or variations of such words or phrases. These statements involve known and unknown risks and uncertainties that could cause actual results to differ materially from those anticipated. Forward-looking statements are made as of the date of this release, and the Company disclaims any obligation to update these statements, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements or information contained in this press release include, but are not limited to, statements or information with respect to the anticipated appointment of Edward C. Dowling Jr. as Chair of the Board.

PDF available: http://ml.globenewswire.com/Resource/Download/765e4e8e-6118-4fa8-801d-1a509d2e16ad


FAQ

When will Edward Dowling join Wesdome Gold Mines (WDOFF) board of directors?

Edward Dowling will stand for election to Wesdome's board of directors at the annual general meeting in spring 2025.

What position will Edward Dowling hold at Wesdome Gold Mines (WDOFF)?

Upon his election to the board, Edward Dowling is expected to be appointed as the Chair of the Board.

What is Edward Dowling's current role before joining Wesdome (WDOFF)?

Edward Dowling currently serves as the President and CEO of Compass Minerals Company, where he has implemented a successful turnaround strategy since January 2024.

What major companies has Edward Dowling previously led before Wesdome (WDOFF)?

Dowling previously served as President and CEO of Alacer Gold Company (2008-2012) and Meridian Gold (2006-2007), and held leadership positions at DeBeers SA, Cleveland Cliffs, and Cyprus-Amax Minerals.

What is Edward Dowling's educational background joining Wesdome (WDOFF)?

Dowling holds a BS in Mining Engineering and Mineral Processing, an MS in Mineral Processing, and a PhD in Mineral Processing from Penn State University, and completed Harvard Business School's Advanced Management Program.

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