Element 29 (ECU) appoints Dr. Paul Johnston as its Vice-President, Exploration effective immediately.
Brian Booth, President & CEO of Element 29 comments, "We are excited to have someone with Paul's extensive experience join the Element 29 team to advance our porphyry copper projects in Peru."
"His expertise with porphyry geology will be invaluable as the technical lead overseeing the resource delineation drill programs scheduled to begin later in the year," added Booth.
Dr. Johnston is a professional geologist with over 30 years of industry experience, spending much of his career to the exploration and development of porphyry copper and epithermal gold deposits.
Most recently, he was Chief Geologist for Globetrotters Resource Group Inc. focused on generating and advancing copper and gold prospects in Peru.
He began his career as a mine geologist at the Hemlo gold deposit with Noranda where he completed a Ph.D. thesis on the geological setting and ore controls of the deposit.
He will be Element 29's qualified person for national instrument 43-101 reporting purposes.
Element 29's common shares are now listed on the Frankfurt Stock Exchange (FSE) under the trading symbol "2IK".
Brian Booth, Element 29's CEO, commented, "The listing of the Company's shares on the FSE will allow our European shareholders and partners more flexibility in terms of trading and participating in our success."
"This FSE listing will also strengthen the Company's ability to reach new investors within the European investing community as we continue advancing our prospective Flor de Cobre and Elida copper projects in Peru," he added.
The Company has granted incentive stock options to certain directors, officers and consultants to purchase an aggregate of over 2.5 million shares in the capital of Element 29 at a price of C$0.45 per share.
Element 29 Resources (ECU) is in the grey and is trading at C$0.45 at 11:48 am EST.