New Gold Appoints Nicholas Chirekos to the Board of Directors
May 27 2019 - 8:04AM
Business Wire
New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE
American: NGD) announced today that Mr. Nicholas Chirekos has
been appointed to its Board of Directors, effective
immediately.
Nicholas (Nick) Chirekos has more than 25 years of experience in
investment banking and capital markets, with a focus on the mining
industry. He served in various investment banking roles at J.P.
Morgan Securities Inc. from 1987 until his retirement in 2016. His
roles included Managing Director, North American Head of Mining
from 2002 to 2016, and Global Head of Mining and Metals from 2000
to 2002. He brings extensive expertise in mergers and acquisitions,
equity, equity linked and fixed income transactions and was
formerly a member of J.P. Morgan’s Investment Banking North
American Reputational Risk Committee.
“We are pleased to welcome Nick as a new independent director to
the New Gold board,” said Ian Pearce, Chair of the Board. “He joins
New Gold at an exciting time and deepens our Board’s skills and
experience in investment banking and capital markets. I am
confident he will provide a valuable perspective at this pivotal
point in the Company’s development.”
Mr. Chirekos currently serves on the Boards of Directors of
Peabody Energy Corporation and the Reiman School of Finance
Advisory Board at the University of Denver's Daniels College of
Business and previously served on the Board of Directors of The
Mineral Information Institute. He holds a Bachelor of Science from
the University of Denver and a Master of Business Administration
from New York University.
The New Gold Board regularly evaluates its composition to ensure
it includes the appropriate skills, experience and perspective
necessary to execute on the Company’s strategic plan. The
appointment of Mr. Chirekos restores the size of the board to seven
directors, of which six are independent.
About New Gold Inc.
New Gold is a Canadian-focused intermediate gold mining company.
The Company has a portfolio of two core producing assets in
top-rated jurisdictions, the Rainy River and New Afton Mines in
Canada. The Company also operates the Cerro San Pedro Mine in
Mexico (which transitioned to residual leaching in 2016). In
addition, New Gold owns 100 per cent of the Blackwater project
located in Canada. New Gold’s objective is to be a leading
intermediate gold producer, focused on the environment and social
responsibility. For further information on the Company, please
visit www.newgold.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190527005166/en/
For further information, please contact:Anne DayVice
President, Investor RelationsDirect: +1 (416) 324-6003Toll free: +1
(888) 315-9715Email: anne.day@newgold.com
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