Geodex Minerals Ltd.: Christopher Ecclestone Appointed President and CEO
09 Juni 2014 - 5:50PM
Marketwired
Geodex Minerals Ltd.: Christopher Ecclestone Appointed President
and CEO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 9, 2014) -
Geodex Minerals Ltd. (TSX-VENTURE:GXM)(FRANKFURT:G2W) ("Geodex") is
pleased to announce that it has appointed Mr. Christopher
Ecclestone as President, CEO and a director of Geodex. Mr. Mark
Fields has resigned as President and CEO however will remain as a
director.
Christopher Ecclestone is a metals strategist, with a particular
focus upon specialty metals. He was the CEO and a director of
Mediterranean Resources from 2011 until April 2014. He is a
principal and mining analyst at Hallgarten & Company in London,
England. He acts as a strategic consultant to a number of companies
in the specialty metals sector (particularly in the Rare Earths
space). Prior to founding Hallgarten & Company in New York in
2003 he was the head of research at an economic think tank in New
Jersey which he had joined in 2001.
Before moving to the U.S., he was the founder and head of
research at the esteemed Argentine equity research firm, Buenos
Aires Trust Company, from 1991 until 2001. He worked in London from
1985-1991 as a corporate finance and equities analyst and as a
freelance consultant on the restructuring of the securities
industry. He is a graduate of the Royal Melbourne Institute of
Technology.
Mr. Jack Maris, Chairman of Geodex, welcomed Christopher
Ecclestone, commenting: "Christopher has a proven track record and
expertise in the critical metal sector. In the current market
conditions Geodex has been focused on acquiring advanced projects
with past production and/or defined resources and Christopher will
be instrumental in advancing and financing this strategy."
Mr. Maris also commented: "We'd like to extend our thanks to
Mark for guiding Geodex over the past five years including the
transformational Sisson tungsten-molybdenum project agreements as
well as our active exploration programs. We wish Mark the best in
his future endeavours."
The Geodex board of directors has granted 325,000 incentive
stock options to Christopher Ecclestone, exercisable for up to five
years at a price of $0.05 per share. The options were granted
pursuant to the Geodex Minerals stock option plan and are subject
to any applicable regulatory hold periods.
About Geodex
Geodex is a mineral resource company focused on critical metal
projects and particularly in New Brunswick, Canada. Geodex has
operated for a decade in New Brunswick where it has had a number of
discovery and development successes including Sisson and Mount
Pleasant West.
ON BEHALF OF THE BOARD OF DIRECTORS, GEODEX MINERALS LTD.
Jack Maris, Chairman
Forward-Looking
Statement
Certain information regarding the Company contained in this
press release may constitute forward-looking statements within the
meaning of applicable securities laws. Forward-looking statements
may include estimates, plans, opinions, forecasts, projections or
other statements that are not statements of fact. Although the
Company believes that expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to have been correct. The Company
cautions that actual performance will be affected by a number of
factors, many of which are beyond the Company's control, and that
future events and results may vary substantially from what the
Company currently foresees.
Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
Geodex Minerals Ltd.Investor Relations(604) 689-7771 or Toll
free: 1-888-999-3500(604)
689-5528info@GeodexMinerals.comwww.geodexminerals.com
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