Candente Copper Corp. appoints Giulio T. Bonifacio as Director
January 28 2020 - 8:00AM
Candente Copper Corp. (TSX:DNT, BVL:DNT) ("Candente Copper” or the
“Company”) is pleased to announce the appointment of Mr. Giulio T.
Bonifacio to the Board of Directors of the Company as an
Independent Director. This appointment is not related to the
right granted to the strategic investor as previously announced on
January 21st, 2020.
Mr. Bonifacio has extensive knowledge in
operations, capital markets, project finance, and mergers and
acquisitions with over 30 years of experience in senior executive
roles in the mining industry and is a Chartered Professional
Accountant. Giulio has raised directly over US$600 Million in
capital through equity and project debt financings to advance
mining projects and has been involved in corporate transactions
aggregating in excess of US$1 billion.
Mr. Bonifacio was the Founder, President and
Director of Nevada Copper since its inception in 2005 until his
retirement in February 2018. Giulio directed efforts at every
stage of development at the Pumpkin Hollow copper project from
early stage exploration, feasibility studies, permitting both the
underground and large open pit operations and initial construction
which led to a production start in December 2019. Mr.
Bonifacio has held previous senior executive roles with Getty
Resources Limited, TOTAL Energold Corp., an energy and gold
producer and Vengold Inc., gold producer prior to founding Nevada
Copper in 2005. Giulio currently holds the positions of CEO
and Director of Kerr Mines Inc. and Chairman and Director of
Copperbank Resources Corp. Mr. Bonifacio is currently leading
efforts for the re-start of the Copperstone gold project which is
fully permitted with significant mining infrastructure, underground
development and processing infrastructure currently in place.
“Giulio’s skill set, ingenuity, perseverance and
dedication over many years in the mining business and especially
the copper sector, will all add significantly to the Candente
Copper team and Board of Directors. His decision to join us
is a strong endorsement of our Cañariaco project and our
team. We are very pleased he has accepted to join Candente
Copper,” commented Joanne Freeze, President and CEO.
“I am very pleased to be joining the Candente
Board of Directors to support the next stage of the company’s
development at Cañariaco. The project offers a large, late-stage
development opportunity with significant drilling, metallurgical
testwork, and engineering studies completed to date, in a copper
industry lacking the next phase of quality development projects.
Further to the significant advancements in the technical
development of Cañariaco Norte, the team has also been a positive
partner to all local and regional stakeholders in Peru, which I am
looking forward to continuing to support and advance as we progress
through the next stage of project optimization and subsequent
permitting activities,” commented Giulio Bonifacio.
About Candente CopperCandente
Copper is a mineral exploration company engaged in acquisition,
exploration, and development of mineral properties. The Company is
currently focused on its 100% owned advanced stage Cañariaco
project, which includes the Feasibility stage Cañariaco Norte
deposit as well as the Cañariaco Sur deposit and Quebrada Verde
prospect, located within the western Cordillera of the Peruvian
Andes in the Department of Lambayeque in Northern Peru.
On behalf of the Board of Candente
Copper Corp.
“Joanne C. Freeze” P.Geo.President, CEO and
Director__________________________________For further information
please contact:
“Joanne C. Freeze” P.Geo.President, CEO and
DirectorTel +1
604-689-1957info@candentecopper.comwww.candentecopper.com
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