Regulus Appoints Adam Burley to Board of Directors and Provides Management Update
23 March 2023 - 10:00PM
Regulus Resources Inc. (“
Regulus”
or the “
Company”) (
TSX-V: REG, OTCQX:
RGLSF) is pleased to announce that Adam Burley has been
appointed to the Board of Directors, subject to approval of the TSX
Venture Exchange. Adam is joining the board as the nominee from
Nuton, a Rio Tinto Venture, connected with the strategic investment
into the Company announced Dec 22, 2022.
Adam Burley is currently the CEO & President
of Nuton, a Rio Tinto technology venture and a critical component
of Rio Tinto’s copper growth strategy and decarbonisation goal.
Adam began his career at Rio Tinto more than 20 years ago as an
exploration geologist after earning a Master’s degree in geology
from the University of Southampton in the United Kingdom.
From that start, Adam has held leadership roles at Rio Tinto across
the globe – Africa, Europe, and the Americas – as well as across
Rio Tinto’s business -- as the Exploration Manager for West Africa
and later for Central Africa, President of the former Rio Tinto
Eagle Mine in the US, and Chile Country Head. Adding to Adam’s
on-the-ground experience, he also has acquired extensive expertise
in resource-sector growth, business development, strategy, and
partnership management through serving as General Manager, Strategy
for Rio Tinto Copper, Chief Development Officer (Acting) for Copper
and Diamonds, Chief Advisor of Mergers and Acquisitions for Rio
Tinto and now in his current role with Nuton.
Adam’s contributions to the industry extend beyond his work at
Rio Tinto. Adam has served on the boards of Michigan Chamber of
Commerce, Consejo Minero of Chile, Bougainville Copper Limited
(ASX) and Minera Escondida Limitada, Chile.
The Company advises that Raymond Jannas has
stepped down as non-executive director of the Company. Raymond has
been a director of the Company since 2014 and the Company thanks
him for his valuable contributions.
The Company is also pleased to announce that
Adam Greening has been promoted from Vice President, Corporate
Development to Senior Vice President, Corporate Development. Mr.
Greening joined the Company in 2019 and has been a significant
contributor in developing and executing the Company’s business
plan.
ON BEHALF OF THE REGULUS BOARD
(signed) "John Black" John BlackCEO and DirectorTel: +1 (604)
685-6800Email: info@regulusresources.com
For further information please consult
our website at www.regulusresources.com
or contact:
Regulus Resources Inc.Ben
CherringtonTel: +1 347 394 2728 or +44 7538 244 208Email:
ben.cherrington@regulusresources.com
About Regulus Resources Inc. and the
AntaKori Project
Regulus is an international mineral exploration
company run by an experienced technical and management team. The
principal project held by Regulus is the AntaKori
copper-gold-silver project in northern Peru. The AntaKori project
currently hosts a resource with indicated mineral resources of 250
million tonnes with a grade of 0.48 % Cu, 0.29 g/t Au and 7.5 g/t
Ag and inferred mineral resources of 267 million tonnes with a
grade of 0.41 % Cu, 0.26 g/t Au, and 7.8 g/t Ag (independent
technical report prepared by AMEC Foster Wheeler (Peru) S.A., a
Wood company, titled AntaKori Project, Cajamarca Province, Peru, NI
43-101 Technical Report, dated February 22, 2019 - see news release
dated March 1, 2019). Mineralization remains open in most
directions.
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release.
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