Equinox Copper Announces Changes to Both Its Management Team and Professional
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/21/13 -- Equinox
Copper Corp. (TSX VENTURE:EQX) ("Equinox" or the "Company") announces
changes to both its management team and its professional ranks,
effective immediately. Mr. Corey Dias, who is currently a Director of
Equinox, has been appointed as Chief Executive Officer of the
Company. Mr. Josh Bleak, who has been serving as CEO, will remain on
the Board. In addition, Equinox welcomes Senior Geologist Dr. Patrick
O'Hara to the Company. These appointments are taken as Equinox
embarks on its next stage of growth. As previously announced, Equinox
has commenced the shipping of copper oxides to Enami, Chile's
state-owned mining agency. Enami, established in 1969, is responsible
for facilitating small- and medium-sized mining operations in Chile.
Mr. Dias brings to the role of CEO a wealth of capital markets
experience, accumulated over his ten years on both the buy-side and
the sell-side of the market. Mr. Dias began his capital markets
career in institutional equity research at CIBC in 2003 and gained
further sell-side experience with other boutique investment firms in
Toronto. In addition, Mr. Dias was a Vice President at Fortress
Investment Group - a major U.S.-based hedge fund - where he was
involved in the management of a $400 million investment portfolio.
Finally, Mr. Dias was a management consultant at The Monitor Group -
a U.S.-based strategy consulting firm - in Stockholm, where he gained
invaluable experience in identifying and resolving issues faced by
executive management at multinational corporations in various
Mr. Dias holds a Master of Business Administration from the Richard
Ivey School of Business at the University of Western Ontario.
Dr. O'Hara, a Certified Professional Geologist, brings with him over
four decades of relevant field experience to Equinox. Dr. O'Hara's
fields of specialization include the interpretation of both base and
precious metal mineral deposits, geochemistry, petrology and
structural geology throughout North America. In addition, he has
authored or co-authored a number of publications specifically dealing
with volcanic massive sulfide and precious/base metal deposits in
entral Arizona. Finally, Dr. O'Hara's prior application of his
specializations while working in Arizona with CONOCO Inc. - which
previously conducted exploration on Equinox's Copper Queen asset -
provides a unique insight into this property.
Dr. O'Hara received his B.A. from the City University of New York in
1971 and his Ph.D. in Geology from Arizona State University in 1980.
Dr. O'Hara has also served on the Board of Governors of the Arizona
Department of Mines and Mineral Resources and is a Fellow of the
Society of Economic Geologists.
Additionally, the Company also announces that Mr. Vic Nielsen has
resigned as President and COO of the Company.
About Equinox Copper Corp.
Equinox Copper Corp. is a publicly traded corporation listed on the
TSX-Venture Exchange (TSX VENTURE:EQX) and is engaged in mineral
exploration and development in the United States and Chile. The major
focus is on copper exploration properties in the Southwest United
States where management has extensive experience and a proven track
record of discovery. To find out more about Equinox visit its website
On behalf of the Board of Directors of Equinox Copper Corp.
Roy Fuller, Director
This news release includes certain statements that may be deemed
"forward-looking statements". Forward-looking information includes,
but is not limited to: statements with respect to the effect and
estimated timeline of the drilling and assay results on the Company;
the estimation of mineral reserves and mineral resources; the timing
and amount of estimated future exploration; costs of exploration;
capital expenditures; success of exploration activities; permitting
time lines and permitting; government regulation of mining
operations; potential future expansion of the PFNP; environmental
risks; unanticipated reclamation expenses; and title disputes or
claims. Generally, forward-looking information can be identified by
the use of forward-looking terminology such as "plans", "expects" or
"does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved". All statements
in this release, other than statements of historical facts, including
the likelihood of commercial mining and possible future financings
are forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors that
could cause actual results to differ materially from those in
forward-looking statements include: unsuccessful exploration results;
changes in metals prices; changes in the availability of funding for
mineral exploration; unanticipated changes in key management
personnel and general economic conditions. Mining is an inherently
risky business. Accordingly the actual events may differ materially
from those projected in the forward-looking statements. For more
information on the Company and the risks and challenges of its
business, investors should review the Company's annual filings that
are available at www.sedar.com.
NEITHER 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.
Equinox Copper Corp.
Press spacebar to pause and continue. Press esc to stop.