Copperstone Resources appoints Henrik Ager as new CEO and group president
13 September 2022 - 4:00AM
Copperstone Resources appoints Henrik Ager as new CEO and group
president
Kiruna, September 12 2022
Copperstone Resources AB
(publ)
("Copperstone" or the "Company")
appoints Henrik Ager as new CEO
and group president. He
takes up the position at the
end of the year at the latest. Henrik Ager most recently comes from
Sandvik, where he was head of the Sandvik Mining and Rock Solutions
business area. He replaces Anna Tyni, who continues her role as CEO
of the subsidiary Copperstone
Viscaria AB, and she will thus continue to have a central
role in the Company's management team and
daily operations.
"We are very proud that Henrik has chosen to agree to lead
Copperstone into the next phase together with Anna Tyni and the
other experts in the team. Henrik will bring additional senior and
strategic mining expertise, many years of industry experience and
an industrial weight to the entire organisation," says
Copperstone's chairman of the board Jörgen Olsson.
"Copperstone is an incredibly exciting company with strong
owners and a team that has already taken important steps towards
establishing a large new mining company with focus on copper. It is
a unique opportunity to be involved in building a sustainable
business that is critical for the electrification and increased
degree of self-sufficiency in Sweden and Europe," says new CEO
Henrik Ager.
"The Viscaria project is levelling up further and we need to
strengthen the organisation. With Henrik on board, we add further
industry experience to the team that is needed in the company's
upcoming phase if an environmental permit is granted. With this
change, I will be able to focus on the restart of Viscaria in
Kiruna", says Anna Tyni.
About Henrik AgerHenrik Ager was born in 1969
and is educated at the Stockholm School of Economics. Henrik was
previously a partner at the consulting company McKinsey where he
worked for 16 years, focused on the mining industry, with strategic
and operational work for both global and Swedish mining companies.
During his eight years at Sandvik, Henrik has been strategy manager
for the Mining business area, division manager for Sandvik Rock
Tools and manager of Sandvik's largest business area, Sandvik
Mining and Rock Solutions, with approximately 17,000 employees.
Proposal regarding
changed conditions in incentive programsAs part of
the remuneration package agreed between the Company and Henrik
Ager, Henrik Ager is given the opportunity to acquire 10,000,000
warrants on market terms. In order to adapt the programs'
frameworks and allocation principles to the agreed transfer to
Henrik Ager, a proposal to change the terms of two existing
incentive programs will be presented at an extraordinary general
meeting which is intended to be held in the autumn. The proposal
involves no issue of new warrants and thus no dilutive effect in
relation to what was stated in the proposal for the decision of the
annual general meeting on 18 May 2022.
For more information, please contact the chairman of the board
Jörgen Olsson, jörgen.olsson@copperstone.se or
info@copperstone.se.
This press release includes inside information which Copperstone
Resources AB (publ) is obliged to make public pursuant to the EU
Market Abuse Regulation. This information was submitted for
publication, through the agency of the contact persons set out
above, 12 September 2022 at 20:00 CET.
ABOUT COPPERSTONE
Copperstone Resources AB is a company now scaling up to become a
modern and responsibly producing mining company through the
reopening of the Viscaria mine in Kiruna, Sweden. The deposit’s
high copper grade assessed mineral resources, geographical location
and growing team of experts provides good opportunities to become a
key supplier of quality and responsibly produced copper – a metal
that plays a critical role in Sweden’s and Europe’s climate change
towards an electrified society. In addition to the Viscaria mine,
Copperstone holds a number of other exploitation concessions and
exploration permits in Arvidsjaur (Eva, Svartliden, Granliden) and
Smedjebacken (Tvistbogruvan), all in Sweden. The company’s shares
are traded on the Nasdaq First North Growth Market (ticker COPP B).
Augment Partners is the company’s Certified Adviser,
info@augment.se, +46 8 604 22 55.
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