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Appia (CSE:API) appoints Stephen Burega as President

Azuka Onwuka, The Market Herald
0 Comments| January 4, 2023

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  • Appia Rare Earths & Uranium (API) has appointed Stephen Burega as President effective immediately
  • Burega will be working alongside CEO, Tom Drivas, as Appia moves forward with its continuing development of core rare earths and uranium assets in Canada
  • Burega has held senior resource management roles working internationally and has a strong technical knowledge of exploration operations and the North American and European financial markets
  • Appia Rare Earths & Uranium is a Canadian company that operates in the rare earth element and uranium sectors
  • Appia Rare Earths & Uranium (API) was up 7.14 per cent, trading at $0.30 per share

Appia Rare Earths & Uranium (API) has appointed Stephen Burega as President effective immediately.

Burega will be working alongside CEO, Tom Drivas, as Appia moves forward with its continuing development of core rare earths and uranium assets in Canada.

He has held senior resource management roles working internationally and has a strong technical knowledge of exploration operations and the North American and European financial markets.

Burega also holds the positions of CEO and President at Romios Gold Resources, and has already worked closely with much of the Appia team and Board members, which will allow him to hit the ground running as the company develops plans for the 2023 season.

“We are delighted that Stephen has agreed to join the team at Appia as the company’s new President,” said Tom Drivas, CEO of Appia.

“We have an extraordinary Canadian story to tell, and Stephen is well-suited to engage with our stakeholders to further build market awareness and momentum as we move our core assets forward,” he added.

“I am very happy to be part of this great company and my mandate is to be highly focused on operational planning moving forward,” noted Appia’s new President, Stephen Burega.

Burega’s appointment as President is subject to acceptance by the Canadian Securities Exchange. As part of his compensation, Burega has been granted 1,000,000 stock options exercisable at $0.35 per share for five years vesting over one-year periods.

Appia Rare Earths & Uranium is a Canadian company that operates in the rare earth element and uranium sectors.

Appia Rare Earths & Uranium (API) was up 7.14 per cent, trading at $0.30 at 11:02 am ET.



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