Sandfire Resources America Announces Appointment of Chief Executive Officer and Chief Financial Officer
29 Mars 2023 - 11:00AM
Sandfire Resources America Inc.
("Sandfire America" or the "Company") is pleased
to announce that highly experienced mining executive, Mr. Lincoln
Greenidge, has been appointed as the new Chief Executive Officer
(CEO) of the Company.
Mr. Greenidge, who joined the Company in January
of 2022 and has served as the Company’s CFO for the last year
shared, “Thank you to the Board for the opportunity to lead this
amazing team, as we continue to focus on the key priorities ahead
of us. Copper remains a necessary metal required for the
advancement of energy technologies and infrastructure globally and
I look forward to Black Butte Copper’s steady progression to
establishing the Company as a respected copper producer and
contributor to the mining industry for years to come.”
Throughout his career Mr. Greenidge has worked
for global companies including Nortel Networks, MDS, Associated
Brands, IAMGOLD, HudBay Minerals, Enirgi Group, LeadFX, LSC
Lithium, and Pasofino Gold. In 2021, Mr. Greenidge was selected as
the Top Chief Financial Officer of the Decade by the International
Association of Top Professionals (IAOTP).
“After working with Lincoln Greenidge for the
last year, his professionalism and commitment to our project and
the mining industry are inspiring. We look forward to continuing
our work with Mr. Greenidge as CEO and propelling the Black Butte
Copper project forward to the next stages of development," shared
Sandfire America’s Board Chair, Matt Fitzgerald.
Mr. Greenidge replaces Mr. Rob Scargill who has
resigned as the Company’s CEO. While Mr. Scargill is no longer an
executive of the Company, he will continue to support the project
by remaining on the Sandfire America Board as a director. The
Company wishes to thank Mr. Scargill for his contributions as
CEO.
With Mr. Greenidge moving into the CEO role, the
Board has appointed Sabino Di Paola to the role of CFO. Mr. Di
Paola is a Chartered Professional Accountant with over 15 years of
public company and finance experience. Mr. Di Paola brings
cross-industry experience in raising capital, strategic business
planning, regulatory compliance, and corporate governance. He has
been the CFO for publicly traded companies operating within the
mineral exploration and natural resources, natural health, biotech
pharmaceutical and infrastructure sectors.
Contact Information: Sandfire Resources America
Inc. Nancy Schlepp, VP of Communications Mobile: 406-224-8180
Office: 406-547-3466 Email: nschlepp@sandfireamerica.com
Cautionary Note Regarding Forward-Looking
Statements: Certain disclosures in this document constitute
“forward looking information” within the meaning of Canadian
securities legislation, including statements regarding the
advancement of the Black Butte Copper Project and expected
outcomes. In making these forward-looking statements, the Company
has applied certain factors and assumptions that the Company
believes are reasonable, including that the Company will receive
required regulatory approvals, that the Company will continue to be
able to access sufficient funding to execute its plans, and that
the results of exploration and development activities are
consistent with management’s expectations. However, the
forward-looking statements in this document are subject to numerous
risks, uncertainties and other factors, including factors relating
to the Company’s operation as a mineral exploration and development
company, the inherent risks involved in the exploration and
development of mineral properties and the Black Butte Copper
Project, the uncertainties involved in interpreting drill results
and other exploration data and the geology, grade and continuity of
mineral deposits, that may cause future results to differ
materially from those expressed or implied in such forward-looking
statements, including that results of exploration and development
activities will not be consistent with management’s expectations,
delays in obtaining or inability to obtain required government or
other regulatory approvals or financing, currency fluctuations, the
possibility of project cost overruns or unanticipated costs and
expenses, the inherent uncertainty of production and cost estimates
and the potential for unexpected costs and expenses, the
possibility of project cost overruns or unanticipated costs and
expenses, competition and loss of key employees, failure of plant,
equipment or processes to operate as anticipated, the risk of
accidents, labor disputes, inclement or hazardous weather
conditions, unusual or unexpected geological conditions, ground
control problems, earthquakes, flooding and all of the other risks
generally associated with the development of mining facilities.
There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ
materially from those anticipated in such statements. Readers are
cautioned not to place undue reliance on forward-looking
statements. The Company does not intend, and expressly disclaims
any intention or obligation to, update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.
Sandfire Resources America (TSXV:SFR)
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