VANCOUVER, BC, Feb. 20, 2024 /CNW/ - Rathdowney Resources
Limited ("Rathdowney" or the "Company") (TSXV: RTH) announces that
its Board of Directors has received the resignation of David Copeland, P. Eng., from his role as
Executive Chair and Interim Chief Executive Officer of the Company
and from the boards and officer positions of its subsidiary
companies. David's resignation is due to health concerns.
David has been the leading officer and principal of Rathdowney
and its pursuits initially in Ireland, and more extensively in Poland for over 15 years. He has worked
tirelessly to advance these assets technically, economically, and
socially, spending significant time in Poland pre-Covid.
He assembled an outstanding technical team, as well as a superb
community relations team on the ground in Poland. With the
team, he advanced the preparations to start the Polish permitting
process for Project Olza. These preparations were well
progressed when Covid shut everything down. Poland has since been working its way through
the conflagration on its borders as well as national regional
elections, and government transition; all of these having
significant impacts on the progress of the asset development.
Dave never lost faith, was always enthusiastic, dedicated and
highly confident, investing a lot of his own money and time in the
Company and the process. He will be missed on the ground in
Poland, and on a daily basis in
the office.
On behalf of the Board, shareholders, and employees we wish Dave
the best and hope that his health will endure.
Rene Carrier, a long serving
independent director, has agreed to act as Interim Chairman pending
the recruitment of a new Chairman and CEO.
On behalf of the Board
Rene Carrier
Director
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Rathdowney Resources Ltd.