Coro Announces Appointment of Independent Director and Board Changes
November 13 2018 - 1:32PM
Coro Mining Corp. (“Coro” or the “Company”) (TSX:
COP) is pleased to announce the appointment of Tim
Petterson to its Board of Directors with immediate effect. Mr
Petterson was nominated by Tembo Capital Mining GP, a strategic
investor in Coro, as its appointee.
Mr Petterson brings additional corporate and
commercial strength to the Board due to his solid investment
banking experience across the natural resources sector and
involvement with Canadian junior and mid-tier mining
companies. He has previously served as Head of Global Mining
Research at both HSBC James Capel and ABN AMRO, having led many
high-profile public offerings and financings. He currently
serves as Managing Director, Mining, at Kepis & Pobe, a
Vancouver based natural resources investment company. He is
also a founder and Executive Chairman of Minera Cobre Corp, a
Canadian private copper exploration company active in Colombia.
Mr Petterson is a Mining Engineer and holds a
B.Eng. (Hons) in Mining Engineering and is an Associate of the
Camborne School of Mines.
The Company also announces the resignation of
Gordon Fretwell from the Board of Directors effective immediately.
Mr Fretwell has been considering his departure and the appointment
of Mr Petterson provides him the opportunity to step down.
Commenting on the appointment, Colin Kinley,
Chairman and Independent Director of Coro Mining said: “I’m
delighted to welcome Tim to the Coro Board. His many and
complementary attributes as a Canadian resident with both a
technical engineering background and career across the banking and
resource sectors make him an ideal fit for Coro. He joins Coro at
an exciting time as we now start to focus on Marimaca and I look
forward to his contributions.
"I would also like to thank Gordon for his
contributions to Coro. He has been a steady support over the
last 8 years at Coro and has helped the Company through some
transitioning times. He leaves the Company on a much stronger
financial footing and with a clear path to value creation with
Marimaca.”
The Board of Directors now comprises:
Colin Kinley, Chairman and Independent
DirectorPetra Decher, Independent DirectorTim Petterson,
Independent DirectorAlan Stephens, DirectorMichael Howarth,
DirectorLuis Albano Tondo, President & CEO
Contact InformationFor further
information please visit www.coromining.com or contact:Nicholas
Bias, VP Corporate Development & Investor
RelationsOffice: +56 2 2431 7601 Cell: +44 (0)7771 450
679Email: nbias@coromining.com
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