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Minera Alamos Inc V.MAI

Alternate Symbol(s):  MAIFF

Minera Alamos Inc. is a gold production and development company. The Company has a portfolio of Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in Sonora that is going through the start-up of operations at the new Nicho Main deposit. The Santana Property consists of certain mining claims located approximately east-southeast of Hermosillo, Sonora, Mexico. Additionally, the Company holds a 100% interest in certain contiguous mining concessions referred to as Santa Lucia and Hilda 35 Fraccion 1, located in Sonora State, Mexico. Its 100%-owned Cerro de Oro oxide gold project that comprises Zacatecas I and Zacatecas II concessions is located in northern Zacatecas and covers about 6,500-hectare (ha). The Company holds a 100% interest in the La Fortuna open pit gold project in Durango, which covers about 6,200 ha. The Company also holds a 100% interest in a mining property known as Los Verdes, a molybdenum-copper property located in the State of Sonora, Mexico.


TSXV:MAI - Post by User

Post by Bluetickon Jul 28, 2021 7:20am
163 Views
Post# 33615365

News - CFO has passed away

News - CFO has passed away

News Releases

Minera Alamos Announces Passing of CFO Chris Chadder; Appointment of New CFO

July 28, 2021

Toronto, Ontario and Vancouver, British Columbia— (Marketwired – July 28th, 2021)

Minera Alamos Inc. (the “Company” or “Minera Alamos”) (TSX VENTURE:MAI) is saddened to report the untimely passing of Chris Chadder, CFO, on July 24th, 2021 after a brief illness.  Chris had worked with the Minera Alamos team as CFO for over a decade and will be sorely missed by all those who have worked closely with him.  Our condolences and sympathies, and those of our Board of Directors, Management team, and colleagues, go out to his wife and family at this difficult time.

“In addition to all his positive contributions to our business over the years, Chris was first and foremost a close personal friend to our entire group and he will be profoundly missed.  Professionally, he worked extensively with our technical team both in Canada and in Mexico and through a number of different business ventures.  Chris’ unique combination of technical and operations knowledge combined with his financial abilities made him a truly exceptional part of the group and instrumental to the successes we were able to achieve.” stated Darren Koningen, CEO of Minera Alamos. “On a personal note, and to quote a close friend to us both ‘he was both a gentleman and a scholar’ and I will dearly miss his advice and his companionship.”   

As part of overall efforts late last year to bolster internal finance department resources, the Company was able to add support from Janet O’Donnell.  Janet was formerly the CFO of Castle Gold Corporation and has worked closely in the past with the Minera Alamos team during the construction and operation of the El Castillo gold mine prior to its acquisition by Argonaut Gold in 2010.  Janet O’Donnell has been appointed the new CFO of the Company.

“While the circumstances surrounding Janet’s appointment are far from ideal, we are fortunate to be able to bring her back to the team that functioned so well together during the Castle Gold days. I have no doubt that our entire team will push forward to make Minera Alamos’ lasting success a fitting tribute to Chris’ hard work, dedication, and contribution to the Company.” stated Doug Ramshaw, President of Minera Alamos.

The Board of Directors of Minera Alamos has approved the issuance of 500,000 options to Janet O’Donnell pursuant to its stock option plan. The options are exercisable at a price of $0.72 and expire in five years and are subject to certain vesting provisions based on attaining specific production milestones.

For Further Information Please Contact:

Minera Alamos Inc.

Doug Ramshaw, President
Tel: 604-600-4423
Email: dramshaw@mineraalamos.com

Victoria Vargas de Szarzynski, VP Investor Relations
Tel: 289-242-3599
Email: vvargas@mineraalamos.com

Website: www.mineraalamos.com             .....Bluetick

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