May 1 news May 1, 2024
Happy Creek Appoints Jason Bahnsen as President and CEO
May 1, 2024, Vancouver, British Columbia – Happy Creek Minerals Ltd. (TSX-V: HPY) (“Happy Creek” or the “Company”) is pleased to announce the appointment of Jason Bahnsen to the role as President and Chief Executive Officer and Director of Happy Creek Minerals effective May 1, 2024.
Mr Bahnsen is a Canadian mining engineer and corporate executive with over 30 years of experience in the global resource sector in positions ranging from operating roles as a miner, project engineer and mine supervisor at operations throughout Canada and overseas. He also spent approximately 15 years working as an investment banker leading the origination and execution of large scale equity capital markets transactions, and mergers and acquisitions for major resource companies globally. More recently, Mr. Bahnsen has held roles as CEO of Canadian and Australian listed resource companies.
Mr Bahnsen will replace the current President and CEO of Happy Creek, Michael Cathro who is retiring from the role effective May 1, 2024. Mr. Cathro was appointed Interim President and CEO of Happy Creek in May 2023 and has been instrumental in leading the company to this point. Mr Cathro will remain as director and corporate secretary of Happy Creek.
Happy Creek Chairman, Mr Walter Segsworth commented “We are extremely pleased to welcome Jason to the role of President and CEO. Jason brings a vast amount of experience and expertise to the role and we look forward to growing the Company under his strategic leadership. I would also like to thank Mike Cathro for his company leadership over the past year and wish him well in his well-earned retirement.”
Incoming Happy Creek President and CEO, Jason Bahnsen, commented ”I am delighted to join Happy Creek. The Company has an impressive portfolio of high-quality assets and an extremely capable and experienced Board of Directors. I look forward to working with the Company’s Board and shareholders to realize the inherent value of the current Happy Creek asset portfolio and look at new growth opportunities to further enhance shareholder value.”
As part of his compensation package, Mr Bahnsen will be granted 1,000,000 stock options with an exercise price of $0.05 and an expiry date of1 May 2029.
On behalf of the Board of Directors,
“Walter Segsworth”
Chairman