NorthWest Copper Corp. Announces Appointment of Peter Bell as President & CEO
March 08 2021 - 5:00AM
NorthWest Copper Corp. (TSX-V: NWST) (“
NorthWest”)
is pleased to announce that Peter Bell has been appointed the
President & CEO effective immediately.
Mr. Bell brings over thirty years of successful
experience in mining geology, mining investment and mining banking
to NorthWest. His career as a geologist, took him from northern
Ontario, to Nevada, Nunavut, Tanzania, Peru and Denver, including a
13-year span with Newmont Corporation. He was a key part of the
Leeville Deposit discovery team in Nevada, the Chief Mine Geologist
at the Yanacocha Mine and served as global corporate development
geologist in Denver.
In 2008 Mr. Bell joined London based hedge fund
MKM Longboat as a mining analyst. He built a strong track record as
an analyst and investor, becoming Co-Chief Investment Officer for
the Mining Equities strategy at Polygon Global Partners in 2012.
While at Polygon he also co-founded private equity mining group
Hawkes Point Capital. In 2018 Mr. Bell joined National Bank
Financial in Toronto, providing mining project due diligence for
corporate lending before moving to investment banking. As an
investment banker he advised mining clients in corporate strategy,
financing and M&A. Mr. Bell is a Professional Geoscientist
registered in the Northwest Territories and sits on the Finance and
Taxation Committee of the PDAC. He has a BSc in Geology from
Western University, an MSc (Minex) in Geology from Queens
University and a Graduate Certificate in Finance from The
University of Denver.
Peter Bell, President & CEO NorthWest Copper
states: “I am excited to join NorthWest Copper as CEO.
Pre-production copper opportunities are intrinsically rare.
NorthWest represents the incredible opportunity to lead a highly
experienced team and guide the development of a remarkable
copper-gold project pipeline, in the Tier One jurisdiction of
British Columbia Canada. I’m very pleased to have the backing of
Mark O’Dea and Oxygen Capital, as I feel their approach to project
development falls perfectly in line with my own vision for
growth.”
David Moore will be stepping down from his
position as President & CEO but will remain a Director of
NorthWest.
Dr. Mark O’Dea, Executive Chairman and Director
of NorthWest states, “On behalf of the Board and Management, I am
very pleased to welcome Peter as the new President and CEO of
NorthWest Copper. I have known Peter for many years and his
technical skills and market instincts have always impressed me.
Peter has a rare combination of senior level industry experience as
a geologist and a track record of success in financial roles as a
portfolio manager and investment banker. Peter’s professional
experience is well-suited to advance and expand our new copper-gold
platform.”
“I would also like to thank David Moore for his
nearly 17 years of leadership at Serengeti that included the
discovery of two significant deposits and being co-awarded the
distinguished 2010 Prospector of the Year Award by AMEBC for the
Kwanika discovery. David and I worked closely together in
spearheading this merger and I look forward to our continued
working relationship on the Board of NorthWest Copper.”
“Finally, I would like to thank the outgoing
Board and Management team members of Sun Metals for their support
with this transaction and their successful efforts in advancing the
Stardust Project. “
David Moore states, “I’d like to thank our
investors and all our past team members including the many
employees, directors and officers and key consultants who served
Serengeti and its shareholders over the years and who were integral
in bringing us to this day. I particularly wish to acknowledge
George Tikkanen who encouraged me to take a shot at running a
junior company back in 2004 and who served as a Director for many
years, Myron Osatenko my original business partner in this venture
and finally my life partner Virginia who helped in so many
ways.”
About NorthWest Copper:
NorthWest Copper Corp. is a new diversified
copper-gold explorer and developer with an exciting pipeline of
projects in British Columbia. With a robust portfolio in a tier one
jurisdiction, NorthWest Copper is well positioned to participate
fully in a strengthening global copper market. Additional
information can be found on the Company’s website at
www.northwestcopper.ca.
On Behalf of the Board of Directors of
NorthWest Copper Corp.
“Mark O’Dea”
Director, Executive Chair
For further information, please
contact:
NorthWest Copper Corp.Tel: 604-683-7790Email:
info@northwestcopper.ca
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement Regarding Forward
Looking Information
All statements, trend analysis and other
information contained in this press release about anticipated
future events or results constitute forward-looking statements.
Forward-looking statements are often, but not always, identified by
the use of words such as “seek”, “anticipate”, “believe”, “plan”,
“estimate”, “expect” and “intend” and statements that an event or
result “may”, “will”, “should”, “could” or “might” occur or be
achieved and other similar expressions. All statements, other than
statements of historical fact, included herein, are forward-looking
statements. Although NorthWest Copper believes that the
expectations reflected in such forward-looking statements and/or
information are reasonable, undue reliance should not be placed on
forward-looking statements since NorthWest Copper can give no
assurance that such expectations will prove to be correct. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements, including the risks, uncertainties and other factors
identified in NorthWest Copper’s periodic filings with Canadian
securities regulators. Forward-looking statements are subject to
business and economic risks and uncertainties and other factors
that could cause actual results of operations to differ materially
from those contained in the forward-looking statements. Important
factors that could cause actual results to differ materially from
NorthWest Copper’s expectations include risks associated with the
business of NorthWest Copper; risks related to reliance on
technical information provided by NorthWest; risks related to
exploration and potential development of the Projects; business and
economic conditions in the mining industry generally; fluctuations
in commodity prices and currency exchange rates; uncertainties
relating to interpretation of drill results and the geology,
continuity and grade of mineral deposits; the need for cooperation
of government agencies and native groups in the exploration and
development of properties and the issuance of required permits; the
need to obtain additional financing to develop properties and
uncertainty as to the availability and terms of future financing;
the possibility of delay in exploration or development programs and
uncertainty of meeting anticipated program milestones; uncertainty
as to timely availability of permits and other governmental
approvals; and other risk factors as detailed from time to time and
additional risks identified in NorthWest Copper’s filings with
Canadian securities regulators on SEDAR in Canada (available at
www.sedar.com). Forward-looking statements are based on estimates
and opinions of management at the date the statements are made.
NorthWest Copper does not undertake any obligation to update
forward-looking statements except as required by applicable
securities laws. Investors should not place undue reliance on
forward-looking statements.
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