Ticker Symbol: ADZN (TSXV), ADVZF (OTCQX)
TORONTO, Oct. 26,
2022 /CNW/ - Adventus Mining Corporation
("Adventus Mining") (TSXV: ADZN) (OTCQX: ADVZF) is
pleased to announce the appointment of Ms. Karina Rogers to its board of directors as an
independent director. This will result in a board of seven
directors and in conjunction with the recent changes, aims to
further strengthen Adventus Mining's continuing advancement of the
El Domo project into the next copper-gold mine in Ecuador.
Karina Rogers has 25 years of
experience in the global mining industry and is currently Vice
President of Engineering for MineSense, a leading mining innovation
company focused on the optimization, design and development of
technologies that enable new data fusion opportunities from mine to
mill. She has extensive technical, business, strategy and execution
experience over her career, including leading Wood's (formerly
AMEC) mining and metals business development activities for
North America and heading up their
multi-sector Vancouver-based
operations for 800 employees. Karina started her career in process
engineering, project and estimation roles with Worley (Jacobs, Aker
Kvaerner) for projects in Asia-Pacific, North
America and South America.
She holds a B.A.Sc. in Chemical Engineering from the University of British Columbia and is a licensed
Professional Engineer.
Insider Buying Update and Grant of
Stock Options
Adventus Mining is pleased to announce seven insiders have
acquired a combined 297,758 common shares in the open market during
October 2022. Separately, Adventus
Mining announces the granting of an aggregate of 150,000 incentive
stock options (the "Options") under its share compensation plan at
an exercise price of C$0.31 per
optioned share, exercisable for a period of five years from the
date of grant and vesting over a three-year period.
About Adventus
Mining
Adventus Mining Corporation is an Ecuador-focused copper-gold exploration and
development company. Adventus Mining is majority owner of the 215
sq. km Curipamba copper-gold project, which has a completed
feasibility study on the shallow and high-grade El Domo deposit. In
addition, Adventus Mining is engaged in a country-wide exploration
alliance in Ecuador, which has
incorporated the Pijili and Santiago copper-gold porphyry projects to
date. Outside of Ecuador, Adventus
Mining owns an exploration project portfolio in Ireland with South32 Limited as the funding
participant. Its strategic shareholders include Altius Minerals
Corporation, Greenstone Resources LP, Wheaton Precious Metals
Corp., and the Nobis Group of Ecuador. Adventus Mining is based in
Toronto, Canada, and is listed on
the TSX Venture Exchange under the symbol ADZN and trades on the
OTCQX under the symbol ADVZF.
This press release contains "forward -looking information"
within the meaning of applicable Canadian securities laws.
Forward-looking statements are based on the beliefs, expectations,
and opinions of the management of Adventus Mining as of the date
the statement is published, and the Participants assume no
obligation to update any forward-looking statement, except as
required by law. In certain cases, forward–looking statements can
be identified by the use of words such as "plans", "expects",
"outlook", "guidance", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "believes", or variations
of such words and phrases or statements that certain actions,
events or results "may", "could", "would", "might", "will be
taken", "occur" or "be achieved" or the negative of these terms or
comparable terminology.
Forward-looking information herein includes, but is not limited
to, statements that address activities, events, or developments
that Adventus Mining expects or anticipates will or may occur in
the future. Although Adventus Mining has attempted to identify
important factors that could cause actual actions, events, or
results to differ materially from those described in
forward-looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated, or
intended. There can be no assurance that such information will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such information.
Accordingly, readers should not place undue reliance on
forward-looking information. Adventus Mining undertakes to update
any forward-looking information except in accordance with
applicable securities laws.
SOURCE Adventus Mining Corporation