Arizona Sonoran Appoints Nick Hayduk as VP Corporate Development, General Counsel and Corporate Secretary
September 26 2024 - 6:30AM
Business Wire
Arizona Sonoran Copper Company Inc. (TSX:ASCU |
OTCQX:ASCUF) (“ASCU” or the “Company”) today announces the
appointment of Mr. Nicholas (Nick) Hayduk as VP Corporate
Development, General Counsel and Corporate Secretary complementing
the team with a wide-range of Corporate Development and General
Counsel expertise for the metals and mining industry. Effective
October 1, 2024, Mr. Hayduk will replace Ms. Rita Adiani who will
be leaving the Company following a two-week transition period. The
Company wishes Ms. Adiani success in her future role.
George Ogilvie, Arizona Sonoran President and CEO
commented, “I am delighted to be re-united with Nick after
working so successfully with him at Battle North Gold prior to its
sale to Evolution Mining. His extensive experience providing
strategic and legal advice to established mining and metals
companies will be an asset to the team as we build and derisk
Arizona’s low-risk copper developer through technical studies, and
towards final investment decision.
I’d like to thank Rita for her good work steering the Company
through the IPO in 2021 and being instrumental in giving the
Company other strategic alternatives. The Board and I wish her
every success in her future endeavours.”
Nick Hayduk has been a corporate lawyer for over 23 years,
including 16 years in senior management and executive roles at
publicly traded mining companies. Most recently, Nick was Chief
Legal Officer, Vice President Corporate Affairs and Corporate
Secretary at Excellon Resources Inc., and previously he was Vice
President, General Counsel and Corporate Secretary at Battle North
Gold Corporation, Senior Vice President, Chief Legal Officer at
Lundin Mining Corporation, Senior Vice President and General
Counsel at Kinross Gold Corporation, General Counsel, Operations –
Canada and U.S. at Goldcorp Inc. and General Counsel, Canada at
Placer Dome. Nick’s experience in these roles includes corporate
governance best practices, securities and other regulatory
compliance, public M&A and private asset transactions valued at
over US$18 billion, public equity and debt offerings raising over
US$3 billion, senior secured credit facilities of up to US$1.5
billion, multi-national joint-ventures, a wide variety of domestic
and international contracts, litigation management, global
compliance programs, enterprise risk management, and land title and
mineral tenure management. His other professional activities have
included being a member of the Advisory Group to the UN Global
Compact Network Canada for its Guide for General Counsel – How to
influence the board of directors to drive sustainability and the
Steering Committee for the European Commission’s Feasibility Study
for EU-Canada Mineral Cooperation. Prior to joining the mining
industry, Nick practiced corporate law at Blake, Cassels &
Graydon LLP.
Nick is licensed by the Law Society of Ontario, Canada. He holds
a Master of Business Administration in Finance and a Law Degree
from Dalhousie University, in addition to a Bachelor of Arts in
Economics and History from the University of Alberta.
About Arizona Sonoran Copper Company (www.arizonasonoran.com)
ASCU’s objective is to become a mid-tier copper producer with low
operating costs and to develop the Cactus and Parks/Salyer Projects
that could generate robust returns for investors and provide a long
term sustainable and responsible operation for the community and
all stakeholders. The Company's principal asset is a 100% interest
in the Cactus Project (former ASARCO, Sacaton mine) which is
situated on private land in an infrastructure-rich area of Arizona.
Contiguous to the Cactus Project is the Company’s 100%-owned
Parks/Salyer deposit that could allow for a phased expansion of the
Cactus Mine once it becomes a producing asset. The Company is led
by an executive management team and Board which have a
long-standing track record of successful project delivery in North
America complemented by global capital markets expertise.
Forward-Looking Statements Forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
ASCU to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Factors that could affect the outcome
include, among others: future prices and the supply of metals; the
results of drilling; inability to raise the money necessary to
incur the expenditures required to retain and advance the
properties; environmental liabilities (known and unknown); general
business, economic, competitive, political and social
uncertainties; results of exploration programs; accidents, labour
disputes and other risks of the mining industry; political
instability, terrorism, insurrection or war; or delays in obtaining
governmental approvals, projected cash operating costs, failure to
obtain regulatory or shareholder approvals.
Although ASCU has attempted to identify important factors that
could cause actual actions, events or results to differ materially
from those described in forward-looking statements, there may be
other factors that cause actions, events or results to differ from
those anticipated, estimated or intended. Forward-looking
statements contained herein are made as of the date of this news
release and ASCU disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or results or otherwise, except as
required by applicable securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20240926840544/en/
For more information: Alison Dwoskin, Director, Investor
Relations 647-233-4348 adwoskin@arizonasonoran.com
George Ogilvie, President, CEO and Director 416-723-0458
gogilvie@arizonasonoran.com
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