Pac­ton Gold ap­points Pis­miris as in­terim pres­i­dent, CEO

Stockwatch Daily - - MINES & METALS - Mr. Do­minic Verdejo re­ports

PAC­TON GOLD Inc. has ap­pointed Alec Pis­miris to the po­si­tions of in­terim pres­i­dent and chief ex­ec­u­tive offi c er of the com­pany. Mr. Pis­miris re­places Do­minic Verdejo, who will take on the role of chair­man of the board of di­rec­tors and re­mains a di­rec­tor of the com­pany.

Alec Pis­miris, BComm, MAICD, IGIA, brings over 30 years of ex­pe­ri­ence in the se­cu­ri­ties, fi­nance and min­ing in­dus­tries, and is cur­rently a di­rec­tor of sev­eral Aus­tralian Stock Ex­change listed com­pa­nies. Since 1990, Mr. Pis­miris has served as a di­rec­tor and in se­nior man­age­ment po­si­tions for nu­mer­ous ASX listed com­pa­nies, and no­tably was a found­ing share­holder and di­rec­tor of Papil­lon Re­sources Ltd., which in 2014 was ac­quired by B2 Gold for $615-mil­lion, and in ad­di­tion Car­di­nal Re­sources Ltd. which dis­cov­ered the Nam­dini gold project in Ghana and re­cently an­nounced a min­eral re­source es­ti­mate of 7.4 mil­lion ounces of gold. Mr. Pis­miris com­pleted a bach­e­lor of com­merce de­gree at the Univer­sity of West­ern Aus­tralia, is a mem­ber of the Aus­tralian In­sti­tute of Com­pany Di­rec­tors and an as­so­ciate of the Gov­er­nance In­sti­tute of Aus­tralia. Mr. Pis­miris has par­tic­i­pated nu­mer­ous times in the pro­cesses by which boards have as­sessed the ac­qui­si­tion and fi­nanc­ing of a di­verse range of as­sets and has par­tic­i­pated in and be­come fa­mil­iar with the range of eval­u­a­tion cri­te­ria used and the due dili­gence pro­cesses com­monly adopted in the com­mer­cial as­sess­ment of cor­po­rate op­por­tu­ni­ties.

Do­minic Verdejo, chair­man of the board, said: “On be­half of the board of di­rec­tors, I would like to wel­come Mr. Pis­miris as Pac­ton’s new in­terim chief ex­ec­u­tive of­fi­cer. Mr. Pis­miris’s ex­ten­sive ex­pe­ri­ence in the min­ing sec­tor and cap­i­tal mar­kets, in­clud­ing new key ac­cre­tive project ac­qui­si­tions, makes him the ideal can­di­date to lead Pac­ton for­ward into 2018.”

About Pac­ton Gold Inc.

Pac­ton Gold is a Cana­dian ju­nior ex­plo­ration com­pany fo­cused on ac­quir­ing, ex­plor­ing and ad­vanc­ing min­eral as­sets in key min­ing friendly lo­ca­tions glob­ally.

Richard Al­bert Boulay, Peter Cald­bick, Richard T Kus­mirski, Do­minic Verdejo

(PAC) Shares: 54,568,749

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.