Ecometals Appoints Chief Operating Officer
28 Abril 2008 - 6:00AM
Marketwired
TORONTO, ONTARIO (BERLIN: GDQ)(FRANKFURT: GDQ) is pleased to
announce the appointment of Daniel J. Major as Chief Operating
Officer.
Mr. Major brings more than 20 years of experience in the mining
industry, including field operations supervision, mine planning,
project development and mergers & acquisitions in a number of
countries worldwide.
Mr. Major comes to Ecometals from Basic Element, a large and
diversified Moscow-based conglomerate that he joined in 2003. He
was Chief Executive Officer of the resource division, responsible
for development of mining and timber assets in Russia. The division
has annual turnover in excess of US $650M and over 17,000
employees.
Prior to Basic Element, Mr. Major was a globally ranked senior
mining analyst at financial institutions that included HSBC and
Morgan Stanley. He holds a B.Eng.(Honors) from Camborne School of
Mines in Cornwall, England.
"We are extremely fortunate to have a person of Daniel's calibre
join us at this critical stage of our development," said Keith
Hulley, Chairman of Ecometals.
Fran Scola, Chief Executive Officer of Ecometals added, "We have
aggressive plans to develop our iron and manganese holdings in
Brazil, and we are implementing ambitious exploration programs at
our properties in Ecuador. Daniel's expertise will be put to good
use in both regions."
As part of his compensation package, Mr. Major has been awarded
3 million three-year options under the company's existing employee
stock option plan. The options have an exercise price of C$0.50 per
share and vest over 18 months in equal monthly instalments.
About Ecometals
Ecometals Limited is a Canadian-listed mineral exploration and
development company focused on mineral resources in Latin America.
Ecometals also holds 44.4% of Atomaer Holdings Pty Ltd., a private
Australian holding company.
Cautionary Statement Regarding Forward-Looking Statements
Statements contained in this release that do not express
historical facts are forward-looking statements. Such
forward-looking statements involve risk and uncertainties that
could cause actual results to differ materially from those
expressed in them. These include risks relating to changes in
economic or environmental conditions and the company's ability to
execute its business model and strategic plans. The company relies
on litigation protection for forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Ecometals Limited - Investors Mark Kesselman Chief
Financial Officer Email: info@ecometalslimited.com Website:
www.ecometalslimited.com Barnes McInerney Inc. - Media Colin
Languedoc Senior Consultant (416) 367-5000 (416) 367-5390 (FAX)
Email: clanguedoc@barnesmcinerney.com
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