Adamera Minerals Corp. Appoints Mark T. Brown as CFO
Vancouver, March 3, 2017 - Adamera Minerals Corp. (TSX-V: ADZ) announces Mark T. Brown, B.COMM., CPA, C.A. has been appointed as the Chief Financial Officer of Adamera by the Board of Directors. Mr. Brown and his team at Pacific Opportunity Capital Ltd. will assist the company with its financial requirements. Mr. Brown has been providing financial services to resource companies for 22 years. Mr. Brown
received a Bachelor of Commerce Degree from the University of British Columbia in 1990 and is a member of the Institute of Chartered Professional Accountants of British Columbia. Mr. Brown has a strong understanding of financial requirements of public companies and his corporate activities include transactions, financings and corporate financial planning. He managed the financial departments of two TSE 300 mining corporations: Eldorado Gold and Miramar Mining. Between 1990 and 1994, Mr. Brown worked with PricewaterhouseCoopers. Mr. Brown and Pacific Opportunity will often become a significant shareholder of client companies and assist in arranging financing.
"I look forward to working with Mark and the Pacific Opportunity team and I am certain his financial expertise will be important to the company as we enter an anticipated discovery / growth stage. As we transition from target development to target testing on the Cooke Mountain Project in Washington State, we will require financial needs well suited to Mark's capabilities." said Mark Kolebaba, President and CEO.
Mr. Brown noted "I'm very pleased to be working with Mark Kolebaba and his team on an exciting gold project that is in a growth stage, in a positive market, and in an area that is positive towards mining."
Mr. Brown will be succeeding Pat Tanaka who is retiring as CFO of the company. Ms. Tanaka served as CFO to Adamera and its predecessor, Uranium North, for 10 years. Prior to her appointment as CFO, Ms Tanaka was involved in accounting services for Adamera's other predecessor company Diamonds North. Through her years working with the companies, Ms. Tanaka provided a high standard of financial reporting, and was a significant contributor to the companies. Mark Kolebaba states "It was a pleasure working closely with Pat over the past decade. She has been a significant contributor and a dedicated officer of the company. I will miss working with her and I wish her all the best in her next chapter of life". Ms. Tanaka will remain available to the company for consulting services if required.
About Adamera
Adamera Minerals Corp. is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in Northeastern Washington State. While management feels the existing third-party mill and superior logistics allow a smaller resource to be potentially economic, Adamera's primary goal is the discovery of a large stand-alone high grade gold resource. Adamera is the dominant exploration company in the area.
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
Tel: (604) 689-2010
Fax: (604) 484-7143
Email: info@Adamera.com
Website: www.Adamera.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy
of this release. Statements in this press release, other than purely historical information, including statements
relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assujmptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
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