Trevali Announces Appointment of Chief Financial Officer

Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV) (BVL: TV) (OTCQX: TREVF) ( Frankfurt : 4TI) today announced the appointment of Brendan Creaney as Chief Financial Officer. Brendan joined the company in August 2019 as Vice President, Investor Relations, and has served as Interim Chief Financial Officer since September 2020 .

Logo : Trevali Mining Corp. (CNW Group/Trevali Mining Corp.)

Before joining Trevali, he held several finance roles with Goldcorp from 2012 to 2019 in such functions as Corporate Development, Business Planning. Studies and Projects, Capital Allocation, and Strategy. Brendan also held project finance roles at Barrick Gold Corporation and Novagold Resources. He holds a Master of Business Administration specializing in Finance from the University of Manchester and a Bachelor of Arts degree from the University of Victoria .

Ricus Grimbeek, President and CEO, commented, "Brendan has proven himself to be a strong passionate leader with the ability to set a vision and execute upon it. He successfully led the recent equity financing having raised C$34.5 million for the Company. He also put in place a hedging program that fixed the price of zinc for approximately 25% of our production from October 2020 to December 2021 . This ensures that we receive positive cashflows for a portion of our production while we retain significant exposure to a higher zinc price. He has demonstrated the passion and skills required to help deliver on Trevali's future plans and I look forward to continuing to work with Brendan and the rest of the team to realize the full potential of Trevali."

ABOUT TREVALI
Trevali is a global base-metals mining company, headquartered in Vancouver, Canada . The bulk of Trevali ' s revenue is generated from base-metals mining at its three operational assets: the 90%-owned Perkoa Mine in Burkina Faso , the 90%-owned Rosh Pinah Mine in Namibia , and the wholly-owned Santander Mine in Peru . In addition, Trevali owns the Caribou Mine, Halfmile and Stratmat Properties and the Restigouche Deposit in New Brunswick, Canada , and the past-producing Ruttan Mine in northern Manitoba, Canada . Trevali also owns an effective 44%-interest in the Gergarub Project in Namibia , as well as an option to acquire a 100% interest in the Heath Steele deposit located in New Brunswick, Canada .

The shares of Trevali are listed on the TSX (symbol TV), the OTCQX (symbol TREVF), the Lima Stock Exchange (symbol TV), and the Frankfurt Exchange (symbol 4TI). For further details on Trevali, readers are referred to the Company ' s website ( www.trevali.com ) and to Canadian regulatory filings on SEDAR at www.sedar.com .

SOURCE Trevali Mining Corp.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/December2020/10/c0259.html

News Provided by Canada Newswire via QuoteMedia

The Conversation (0)
Democratic Republic of Congo on a map with a small flag.

Kipushi Zinc Mine Reopens in DRC After 31 Year Production Hiatus

Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and the Democratic Republic of Congo (DRC) marked a major milestone with the reopening of the Kipushi mine after a 31 year operational hiatus.

An 800,000 metric ton (MT) per year concentrator facility was completed at Kipushi in May, with first concentrate produced in June. The mine’s projected output for the year is between 50,000 and 70,000 MT of zinc in concentrate.

Over the next five years, Ivanhoe expects annual production at Kipushi to average 278,000 MT, driven by a targeted recovery rate target of 96 percent and an average concentrate grade of 55 percent contained zinc.

Keep reading...Show less
Rolls of galvanized steel sheets inside a warehouse.

A Comprehensive Guide to Zinc Investing

As investors increasingly evaluate new and emerging opportunities in the critical minerals space, one versatile metal stands out as an attractive option driven by its vast industrial applications and growing importance in emerging technologies.

A comprehensive guide to zinc investing will provide prospective investors with a deeper understanding of the metal’s unique properties, market dynamics, industrial applications and compelling investment opportunities.

Keep reading...Show less
Group Eleven Resources (TSXV:ZNG)

Group Eleven Resources


Keep reading...Show less
Group Eleven Announces Exercise of Warrants and Expanded Drill Program at Ballywire

Group Eleven Announces Exercise of Warrants and Expanded Drill Program at Ballywire

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce that it has received $749,438 from recent warrant exercises and that it has expanded the ongoing drill program at the Company's 100%-owned Ballywire zinc-lead-silver discovery ("Ballywire") on the PG West Project ("PG West"), Republic of Ireland. All currency in this news release is denominated in Canadian dollars.

Since its announcement on August 28, 2024 stating that Group Eleven received $800,562 from the early exercise of 6,671,349 warrants (originally issued as part of a private placement which closed on July 30, 2020) each with an exercise price of $0.12 and expiring October 28, 2024 (the "Warrants"), the Company reports that it has since received a further $749,438 from the exercise of all remaining 6,245,318 Warrants. In total, the Company received proceeds of $1,550,000 from the exercise of 12,916,667 Warrants in 2024.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Group Eleven Intersects 11.8m of 11.6% Zn+Pb and 48 g/t Ag; Identifies Emerging Zinc-Rich Massive Sulphide Zone at Ballywire

Group Eleven Intersects 11.8m of 11.6% Zn+Pb and 48 g/t Ag; Identifies Emerging Zinc-Rich Massive Sulphide Zone at Ballywire

Group Eleven Resources Corp. (TSXV: ZNG) (OTCBB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce results from a recent step-out hole of the 2024 drill program at the Company's 100%-owned Ballywire zinc-lead-silver discovery ("Ballywire"), PG West Project ("PG West"), Republic of Ireland.

Highlights:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×