Copperbank Resources Corp. Appoints Ken Cunningham to Board Of Directors
11.04.2016 | Accesswire
VANCOUVER, April 11, 2016 - CopperBank Resources Corp. ("CopperBank") (CSE: CBK) is pleased to announce that Mr. Kenneth Cunningham has been appointed to CopperBank's Board of Directors.Mr. Cunningham brings forty years of experience in worldwide, diversified mineral exploration to CopperBank. During his career he has been a part of uranium and gold discoveries and has worked on both copper porphyry and copper oxide deposits. He is skilled in management and organization of exploration and mining activities as well as all aspects of managing a public company.
For the last 12 years Mr. Cunningham served as the President and Chief Executive Officer of Miranda Gold Corp. and continues to serve as Miranda's Chair. During his tenure as CEO of Miranda he was instrumental in building Miranda's exploration team, acquiring key projects, negotiating joint ventures and strategic alliances as well as building awareness of Miranda in the financial community and successfully raising equity funds from that financial community. He also served as a director on Red Eagle Mining Corporation's Board of Directors from 2011 to 2015. Mr. Cunningham has a BS degree in geology from Oregon State University and an MS degree in geology from Texas Christian University. He is a licensed Professional Geologist and a past president of the Geologic Society of Nevada.
The Company also announces that it has granted an aggregate of 500,000 incentive stock options (the "Options"), with an exercise price of $0.05, to Mr. Cunningham. The Options can be exercised for a period of five years from the date of grant and expire on April 11, 2021. The Options are subject to the policies of the Canadian Securities Exchange and contain vesting provisions whereby 25% of the Options vest immediately with an additional 25% vesting every six months thereafter.
"I am pleased to join the team at CopperBank and look forward to contributing to the Company's successes," commented Mr. Cunningham.
"Ken is a globally respected geologist with contacts throughout our industry. Especially in the State of Nevada, where our advanced stage, 100% owned Contact Copper SXEW project is located, he will be an invaluable resource for all aspects of moving the project forward," Gianni Kovacevic, CopperBank's Executive Chairman stated.
On behalf of CopperBank Resources Corp.
"Gianni Kovacevic"
Executive Chairman
CopperBank Resources Corp.
Address: Suite 1500, 409 Granville Street
Vancouver, BC V6C 1T2
Tel: 604-889-0852
E-mail: gk@copperbankcorp.com
Website: www.copperbankcorp.com
Certain information in this release may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although CopperBank believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. For more information on each of CopperBank and the risks and challenges of its businesses, investors should review the information circular dated September 12, 2014 and its other continuous disclosure filings that are available under CopperBank's profile at www.sedar.com.
