Tony J. Burger Joins El Capitan Precious Metals Board of Directors
March 20 2014 - 7:15AM
Business Wire
El Capitan Precious Metals, Inc. (OTCBB: ECPN) announces the
appointment of Tony J. Burger to its Board of Directors. Mr. Burger
joins new ECPN Chief Operating Officer Keith Brogoitti as the
second new board member named in the past few weeks. These
appointments support the momentum fueled by recent contracts
executed with GlencoreXstrata PLC and Logistica US Terminals for
the mining and sale of iron ore.
Mr. Burger is the founder of a minerals development company,
Minerales de San Miguel, LLC, based in Albuquerque, New Mexico, and
founder of a management consulting company, Optimization Strategies
Group, LLC. Under Burger’s direction, Minerales de San Miguel LLC
developed proprietary milling, grinding, and metals recovery
technology being offered to small mining companies that don’t have
access to these type of services. His background includes expertise
in the banking and accounting sectors, and executive positions with
Bankers Trust Company, Blackstone Financial Management (now
BlackRock) and First Boston Corporation. He began his professional
career with the Federal Deposit Insurance Company and Arthur
Andersen and Co. Mr. Burger holds a Bachelor of Accountancy degree
from New Mexico State University.
John F. Stapleton, Chairman of the ECPN Board of Directors,
said, “We have spent the past year in search of individuals who
bring diverse and complementary talents to the ECPN board and we
welcome Mr. Burger’s mining and finance industry experience. We
believe that his decade of work with mining technology and
development coupled with his strategic planning expertise with
Optimization Strategies Group bring value to the El Capitan
board.”
“It’s an honor to join the board of a company that is at such an
important juncture in its history,” said Burger. He added: “I
understand the Company’s strategic objective to sell the El Capitan
property and look forward to assisting the team charged with
executing this transaction.”
Burger joins Stapleton, ECPN President and CEO Chuck Mottley,
and ECPN COO Keith Brogoitti as members of the El Capitan Board of
Directors.
About El Capitan Precious Metals,
Inc.:
El Capitan Precious Metals, Inc. is an exploration stage
precious minerals company based in Scottsdale, Arizona that is
principally engaged in the exploration of precious metals and other
minerals. The Company’s primary asset is its wholly owned
subsidiary El Capitan, Ltd., an Arizona corporation, which holds
the 100% equity interest in the El Capitan property located near
Capitan, New Mexico. www.elcapitanpmi.com
Forward-Looking Safe Harbor Statement:
The statements included in this press release concerning
predictions of economic performance and management’s plans and
objectives constitute forward-looking statements made pursuant to
the safe harbor provisions of Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities
Act of 1933, as amended. Forward-looking statements are statements
that are not historical facts. Words such as “expect(s),”
“feel(s),” “believe(s),” “will,” “may,” “anticipate(s)” and similar
expressions are intended to identify forward-looking statements.
These statements include, but are not limited to, statements
regarding the expected completion, timing and results of
metallurgical testing, interpretation of drill results, the
geology, grade and continuity of mineral deposits, results of
initial feasibility, pre-feasibility and feasibility studies and
expectations with respect to the engaging in strategic
transactions. All of such statements are subject to risks and
uncertainties, many of which are difficult to predict and generally
beyond the control of the Company, that could cause actual results
to differ materially from those expressed in, or implied or
projected by, the forward-looking information and statements.
Specifically, there can be no assurance regarding the timing and
terms of any transaction involving the Company or its El Capitan
property, or that such a transaction will be completed at all. In
addition, there can be no assurance that periodic updates to the
Company’s geological technical reports will support the Company’s
prior claims regarding the metallurgical value and make-up of the
ore on the New Mexico property. Additional risks and uncertainties
affecting the Company include, but are not limited to, the
possibility that future exploration, development, testing or mining
results will not be consistent with past results and/or the
Company’s expectations; discrepancies between different types of
testing methods, some or all of which may not be industry standard;
the ability to mine precious and other minerals on a cost effective
basis; the Company’s ability to successfully complete contracts for
the sale of its products; fluctuations in world market prices for
the Company’s products; the Company’s ability to obtain and
maintain regulatory approvals; the Company’s ability to obtain
financing for continued operations and/or the commencement of
mining activities on satisfactory terms; the Company’s ability to
enter into and meet all the conditions to consummate contracts to
sell its mining properties that it chooses to list for sale; and
other risks and uncertainties described in the Company’s filings
from time to time with the Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date hereof,
and we do not undertake any obligation to revise and disseminate
forward-looking statements to reflect events or circumstances after
the date hereof, or to reflect the occurrence of or non-occurrence
of any events.
El Capitan Precious Metals, Inc.John
Stapleton, 480-440-1449
El Capitan Precious Metals (CE) (USOTC:ECPN)
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