BCM Appoints Dr. Sergei Diakov as CEO and Welcomes Harry Yanowitz to the Board

BCM Resources Corp. (TSXV:B) is pleased to announce the appointment of Dr. Sergei Diakov as CEO in addition to his present role as President. Joining the Board of Directors is Harry Yanowitz a well established corporate finance expert

Mr. Yanowitz is Managing Director of Crosby Brown Advisors, a private Philadelphia based investment firm which invests in, helps underwrite and provides C-suite operating services to sponsor-led private equity-controlled businesses. Harry has extensive experience in the service, retail, manufacturing and technology sectors. Previously, he served as CFO of Pep Boys Inc. (a $2B NYSE Auto repair and parts business), President and CFO of Chapters Inc. (a $700MM TSE book retail and online business) and was a consultant at Bain & Co (a global strategy consultancy). Harry studied finance at the Wharton School of the University of Pennsylvania. He is currently a Director of Telecon Inc and Federal Diversified Properties LLC.

Sergei Diakov, President of BCM said, "We are pleased to welcome Harry to the Board of BCM Resources Corp. His experience with financing and operating publicly traded entities and his overall business judgement is a strong addition to our growing exploration program at the Thompson Knolls Porphyry Cu-Au Discovery. We are also pleased that Dale McClanaghan will shift to the role of CFO and remains a Director."

BCM announces the grant of 3,500,000 incentive options to directors and officers at an exercise price of $0.18 per share for a period of 5 years from March 3, 2028.

About BCM Resources

BCM Resources Corporation is a diversified Canadian mineral exploration company now focused on completing Phase 1 discovery drilling of the Thompson Knolls property, its key asset. BCM also controls prospective Copper, Gold, and Molybdenum exploration projects in British Columbia. BCM Resources is managed by experienced and successful board members and advisors. For further information, including area maps, sections, and photos, please visit our web site at www.bcmresources.com or contact us by e-mail at info@bcmresources.com. BCM has 60,011,203 shares issued and outstanding and trades on the TSX Venture Exchange under the symbol B.

ON BEHALF OF BCM Resources CORP.

"Sergei Diakov"
President & Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Relations,
Telephone: 1 (604) 646-0144, ext. 222
info@bcmresources.com
www.bcmresources.com

Caution Concerning Forward-Looking Statements

This news release and related texts and images on BCM Resource Corporation's website contain certain "forward-looking statements" including, but not limited to, statements relating to interpretation of mineralization potential, drilling and assay results, future exploration work, and the anticipated results of this work. Forward-looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metals prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical, governmental, social, or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the company's projects; uncertainties involved in the interpretation of sampling and drilling results and other tests; the possibility that required permits and access agreements may not be obtained in a timely manner; risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in these work programs. Forward-looking statements contained in this release are based on the beliefs, estimates, and opinions of management on the date the statements are made. There can be no assurance that such statements will prove accurate. Actual results may differ materially from those anticipated or projected. BCM Resources Corporation undertakes no obligation to update these forward-looking statements if management's beliefs, estimates, opinions, or other factors, should change this news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDERS (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: BCM Resources Corporation



View source version on accesswire.com:
https://www.accesswire.com/741807/BCM-Appoints-Dr-Sergei-Diakov-as-CEO-and-Welcomes-Harry-Yanowitz-to-the-Board

News Provided by ACCESSWIRE via QuoteMedia

B:CC
The Conversation (0)
Golden globe with grid pattern on reflective, patterned surface.

Glencore Invests US$13.5 Billion in Argentina Copper Growth as US Cracks Down on Chinese Metals

Glencore (LSE:GLEN,OTC Pink:GLCNF) has submitted applications to place two of its flagship copper projects in Argentina under a new investment regime.

The Switzerland-based commodities giant said it is seeking to include the El Pachón deposit in San Juan province and the Agua Rica deposit in Catamarca under Argentina’s recently introduced Incentive Regime for Large Investments (RIGI).

Keep reading...Show less
Matt Geiger, tractor at mine site.

Matt Geiger: Hard Assets at Turning Point, How I'm Investing Now

Matt Geiger, managing partner at MJG Capital Fund, shares his thoughts on the resource sector, honing in on the health of the junior miners.

In his view, after a decade of hit-or-miss performances, the best is yet to come.

Keep reading...Show less
Empire Metals

Empire Metals Limited Announces Drilling Outlines Large, High-Grade Zone

Empire Metals Limited, theAIM-quoted and OTCQB-tradedexploration and development company,is pleased to report outstanding assay results from its latest drilling campaign at the Pitfield Project in Western Australia ('Pitfield' or the 'Project'). This programme, focused on the in-situ weathered cap at the Thomas Prospect, has delivered some of the highest titanium dioxide ('TiO₂') grades recorded to date and will underpin the Company's maiden JORC-compliant Mineral Resource Estimate ('MRE').

Highlights

Keep reading...Show less
Electric Royalties (TSXV:ELEC)

Electric Royalties Announces Interest Conversion under Convertible Credit Facility

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") announces that Gleason & Sons LLC (the "Lender") has elected to convert C$536,500.00 of accrued interest on the principal amount of the Company's convertible credit facility (the "Interest") under the amended and restated convertible loan agreement dated February 16, 2024 between the Lender and Company (the "A&R Agreement"), into 3,700,000 common shares of the Company (the "Conversion Shares"), at a conversion price of C$0.145 per Conversion Share (the "Interest Conversion"). Subject to acceptance of the TSX Venture Exchange (the "TSXV"), the Company expects to issue the Conversion Shares in August 2025.

Keep reading...Show less
 Adam Woolridge, CEO of Cobre.

Cobre Unveils Maiden Resource at Comet, Targets Low-cost In-situ Copper Recovery

Highlighting the first mineral resource estimate (MRE) at Comet within the Ngami copper project in Botswana, Cobre (ASX:CBE) CEO Adam Woolridge outlines a path toward low-cost, scalable in-situ copper recovery, backed by significant exploration upside.

“You're looking at an exploration target of 200 million to 300 million tonnes at around 0.4 percent copper,” Woolridge said.

“When you start looking at this as an in-situ copper recovery process, you have really good grade continuity. And this has been reflected in the MRE. And it's also come out from just looking at this deposit from a geometry point of view — it's got a really simple geometry, a lot of great continuity, and it's been relatively cost effective to move each tonne of contained copper into category.”

Keep reading...Show less
"Welcome to Arizona" sign with sunburst design against a blue sky background.

Hudbay Secures US$600 Million Mitsubishi Partnership for Arizona Copper Project

Hudbay Minerals (TSX:HBM,NYSE:HBM) has struck a US$600 million deal with automobile giant Mitsubishi (TSE:8058) for a 30 percent stake in its Copper World project in Arizona, marking one of the largest foreign investments in the US copper sector in recent years.

Announced Tuesday (August 12), the agreement will see Mitsubishi pay US$420 million on closing and a further US$180 million within 18 months.Mitsubishi will also fund its 30 percent share of future capital contributions as the mine moves toward full construction.

Keep reading...Show less

Latest Press Releases

Related News

×