Richmont Mines Appoints New VP for Business Development

Richmont Mines Inc. (TSX:RIC,NYSEMKT:RIC) announced the appointment of Steve Burleton as Vice-President for Business Development. Mr. Burleton has over 18 years of experience in investment banking and was most recently the Vice President for Corporate Development for a publicly traded fertilizer producer with operations in Brazil.

As quoted in the press release:

Commenting on Mr. Burleton’s appointment, Mr. Adams, President and CEO of Richmont stated: “I am very pleased to welcome Steve to our team. He brings many years of diversified experience, with an entrenched understanding of both the corporate strategy side through his recent senior management role with a public company, and the capital markets sector owing to his past work as an investment banker. Working closely with Richmont’s senior management and myself in particular, Steve will focus on developing and fine-tuning Richmont’s long-term strategy on several fronts. I look forward to working with him as we continue to reframe Richmont’s future production profile, and deliver a meaningful growth story for our shareholders in the years to come.”

Mr. Burleton has over 18 years of experience in the Canadian investment banking industry having dealt with companies in mining, fertilizers and industrial products. Most recently he was Vice President, Corporate Development for a publicly traded fertilizer producer with operations in Brazil and one of the few junior fertilizer development projects to reach production in recent years. In that role he was responsible for financing, strategic initiatives and investor relations. Previously, Mr. Burleton served as Managing Director of Investment Banking at Wellington West Capital Markets Inc. and at Scotia Capital Inc. Mr. Burleton is a Chartered Financial Analyst (CFA) and holds an MBA from York University.

Click here to read the Richmont Mines Inc. (TSX:RIC,NYSEMKT:RIC) press release
Click here to see the Richmont Mines Inc. (TSX:RIC,NYSEMKT:RIC) profile.