3rd NR in two days Excellon Resources Inc.'s board of directors has appointed Brendan Cahill to the position of president of the company. Peter Crossgrove will continue in his roles as executive chairman and chief executive officer.
"Brendan has been a tremendous addition to the Excellon team, and I am pleased to be transitioning leadership responsibility over to him," stated Mr. Crossgrove.
"Excellon's high-grade, low-cost silver production from La Platosa provides a rare opportunity to expand our new CRD/source-style discovery," stated Mr. Cahill. "I look forward to working with the great team at Excellon and further developing our already excellent relationships with the local communities of Bermejillo and Mapimi that rely on La Platosa, as well as with Mexican government and business leaders."
Mr. Cahill joined Excellon as executive vice-president in summer 2012 and was instrumental in the company's return to production following an illegal blockade that disrupted production during the third quarter of 2012. He was previously vice-president of corporate development of Pelangio Exploration Inc., a junior gold exploration company active in Ghana, west Africa and Ontario, Canada, and served as corporate secretary of Pelangio Mines Inc., prior to its merger with Detour Gold Corp. Prior to Pelangio, he was a lawyer in the mergers and acquisitions and corporate securities practices at Davies Ward Phillips & Vineberg LLP. At Davies, he advised on public and private transactions valued at over $15-billion, including Barrick's acquisition of Placer Dome in 2005. He also advised on public offerings totalling over $2-billion for various Canadian companies.
Mr. Cahill holds a law degree from the University of Western Ontario and an undergraduate degree from the University of Toronto.