Global Appoints Tim McCutcheon CEO and Director
June 11 2014 - 7:00AM
Marketwired
Global Appoints Tim McCutcheon CEO and Director
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 11, 2014) -
Global Minerals Ltd. (TSX-VENTURE:CTG)(OTCBB:GMLFF) is pleased to
announce that Mr. Tim McCutcheon has been appointed as CEO and
Director of the Company, effective immediately. William Pincus,
former CEO and President, has resigned his posts and has become
Executive Chairman of the Company.
Mr. McCutcheon is a mining and finance professional with over 18
years in international business experience, primarily in the
precious metals sector in Eastern Europe and Africa. He served as
CEO of Ovoca Gold PLC, an AIM listed company with gold-silver
assets in Russia, as well as CEO of Abzu Gold Ltd, a TSX-V listed
company with gold assets in Ghana under a Joint Venture with
Kinross Gold. Mr. McCutcheon worked in multiple financial
institutions such as Bear Stearns, Aton Capital and Pioneer
Investments as an award-winning metals and mining sector analyst
and as an investment banker. He also was a founder/partner of DBM
Capital Partners Ltd, a leading boutique precious metals finance
institution which managed Sayan Investments Ltd, a precious metals
fund, and advised multiple international and domestic precious
metals companies active in Eastern Europe's mining sector. Mr.
McCutcheon has a BA and MBA from Columbia University, New York,
USA.
Bill Pincus, Global's new Chairman said, "We're very lucky to
have Tim join our Company. He brings new energy to our management
team and the right combination of skills and experience to build
our company. It's a particularly fortuitous time to join with the
receipt of operating permits and the new discovery of significant
mineralization above Level 6 (NR May 15, 2014). I look forward to
working with Tim and supporting him as he leads the Company."
Tim McCutcheon commented: "Global Minerals is a great
opportunity and I am extremely excited about leading the Company
forward. Strieborná is a strong asset with a high grade
silver-copper resource and valuable existing infrastructure. Given
the advanced stage of the project and the upcoming PEA, I look
forward to using these strengths to develop Strieborná as soon as
possible to put Global Minerals on a solid foundation for future
growth."
About Strieborná
Strieborná is a high-grade silver-copper-antimony vein deposit
in an historic mining district near the town of Roznava in eastern
Slovakia. It has excellent expansion potential over and above the
already well-defined resource. Significant infrastructure at site
includes a working shaft and hoisting system, extensive underground
access through a series of drifts, crosscuts and tunnels and
associated surface facilities.
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Global Minerals Ltd.Tim
McCutcheonCEO877.356.0674info@globalminerals.comwww.globalminerals.com
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