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Be the first with the news that moves the market- Element 29 Resources Inc. (ECU) announces the appointment of Steve Stakiw as CEO effective April 11, 2022
- Stakiw is an experienced executive and geologist with over 25 years in the mining sector, particularly in capital markets
- He was Senior Vice President of the company
- Stakiw has been granted 500,000 stock options in accordance with the company’s incentive stock option plan, subject to regulatory acceptance
- Element 29 Resources Inc. is an emerging copper exploration and development company
- Element 29 Resources Inc. (ECU) started trading today at $0.59 per share
Element 29 Resources (ECU) has announced the appointment of Steve Stakiw as President, Chief Executive Officer and director effective April 11, 2022.
“On behalf of the board and management team, we are very excited to have Steve join and lead Element 29,” said Richard Osmond, Chairman of Element 29.
“His experience growing companies and working in Peru will enable the company to continue its vision of developing low-cost, low-risk copper production opportunities in Peru.”
“I am very proud and excited to join Element 29 and look forward to working with the Board and strong technical team to maximize the potential of the company’s high-quality copper projects in Peru on behalf of all stakeholders,” stated Steve Stakiw.
“With 2022 developing as a year of significant milestones at both Elida and Flor de Cobre, I see strong opportunity to enhance the company’s market profile and valuation.”
Stakiw is an experienced executive and geologist with over 25 years in the mining sector, particularly in capital markets.
As Senior Vice President of the company, he was most recently a key member of the team at New Pacific Metals Corp. which is advancing a silver deposit in South America. He was also involved in the successful funding and spin-out of its wholly-owned subsidiary, Whitehorse Gold Corp., as a public company.
Before that, he was Vice President, Investor Relations and part of the original team that successfully grew Trevali Mining Corp. from an exploration-stage company through development into a mid-tier base metal producer with four operating mines on three continents.
In relation to the appointment, Stakiw has been granted 500,000 stock options in accordance with the company’s incentive stock option plan, subject to regulatory acceptance. The incentive stock options are exercisable at $0.59 per share for a period of five years.
Element 29 Resources Inc. is an emerging copper exploration and development company focused on advancing its portfolio of Peruvian projects towards development in one of the world’s lowest-risk mining jurisdictions.
Element 29 Resources Inc. (ECU) opened trading at $0.59 per share.
