Hunter Bay Minerals Announces Appointment of New Chief Executive Officer and Chairman of the Board of Directors
21 March 2014 - 8:27AM
Access Wire
London, UK / ACCESSWIRE / March 20, 2014 / Hunter Bay Minerals plc
("Hunter Bay") (TSX-V: HBY) announces Nico Civelli has
resigned as Chief Executive Officer of Hunter Bay, effective
immediately. To replace Mr. Civelli, the board of directors
appointed Keith Minty as Chief Executive Officer. Mr. Civelli will
remain as a director and Vice-President, Finance of Hunter
Bay.
Hunter Bay also announces that
Christopher Wilson will be stepping down as a director and Chairman
of the board of directors once Hunter Bay files its audited
financial statements for the fiscal year ended December 31, 2013.
To replace Dr. Wilson, Hunter Bay's board of directors have
approved the appointment of Matt Sutcliffe as a director and
non-executive Chairman of the board of directors.
Hunter Bay wishes to thank Dr.
Wilson for serving as Chairman and as a director of Hunter Bay
including the facilitating of Hunter Bay's initial public offering
and being responsible for acquiring Hunter Bay's Sela Creek
Project.
Keith Minty. Mr. Minty has served
as a member of Hunter Bay's board of directors since April 2012.
Mr. Minty obtained a B.Sc. in Mining Engineering from Queen's
University, Kingston Ontario, Canada in 1978. He has over 25 years
of open pit and underground mine operational and project
development experience in North America, Central America and in
Africa. From 2008 to 2013, Mr. Minty was the Chief Operating
Officer at Thani Dubai Mining Limited (Thani) where he was
responsible for all project exploration and operation
activities in Yemen and Egypt as well as new business development
activities. Prior to joining Thani, he was the South African
country manager for Hunter Dickinson Inc. Currently Mr. Minty is
founding partner and Senior Vice President of Stope Capital
Advisors Inc., a financial advisory firm that provides technical,
commercial and financial advisory and capital sourcing services to
the mineral resource industry and select other sectors. Mr. Minty
has also served on the board of directors of Asanko Gold Inc. and
Oremex Silver Inc.
Matt
Sutcliffe. Mr. Sutcliffe holds a PhD in Mining
Engineering at the University of Nottingham. In 1990, Mr. Sutcliffe
worked in production management at an underground nickel mine in
Northern Canada. He then moved into Investment Banking working in
the City of London as a mining analyst and corporate financier
focusing in the resource sector. During this time, Mr. Sutcliffe
was a mining analyst at T Hoare & Co, head of mining at
Williams de Broe and a director of corporate finance at Evolution
Beeson Gregory (which is now part of Investec Bank). At Evolution
Beeson Gregory, Mr. Sutcliffe advised a large number of public
natural resources companies, as well as arranging a number of stock
exchange listings for junior and mid-tier mining and oil and gas
companies on the LSE- AIM market. Mr. Sutcliffe is currently
Chairman and founder of Alexander Mining plc and a founding
director of two private companies; Environmetals Ltd (NZ) and
Global Oil Shales (Jersey) Ltd. Mr. Sutcliffe has previously served
as chairman and/or director of junior listed mining and oil
companies on AIM, TSX Venture and ASX.
About Hunter
Bay
Hunter Bay is engaged in the
acquisition, exploration and development of mineral resource
properties located in South America and Canada. Hunter Bay's lead
project is the Sela Creek Project, located in Suriname, in which
Hunter Bay has an option to acquire up to an eighty percent (80%)
interest. Hunter Bay also owns a one-hundred percent (100%)
interest in the Great Bear Lake Properties located in the eastern
side of Great Bear Lake, NWT, Canada.
For
additional information please contact:
Hunter Bay Minerals plc
Bridge House, London
Bridge
London, England
SE1 9QR
Nico Civelli, CEO
and director
Phone: (+44)
207-127-9125
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