Castillo Copper onboards former Sandfire executive
Published 13-DEC-2018 11:27 A.M.
|
2 minute read
Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.
In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.
The below articles were written under our previous business model. We have kept these articles online here for your reference.
Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.
Click Here to View Latest Articles
ASX small cap, Castillo Copper (ASX:CCZ), has onboarded exploration expert, Robert N. Scott, as its non-executive director, effective immediately.
Scott will bring a wealth of knowledge and experience to the CCZ team, having served on the Sandfire Resources’ (ASX:SFR) board since 2010.
He has overseen the development and commercialisation of the world-class, high-grade Degrussa Copper-Gold Mine in Western Australia.
On top of that, Scott’s current board experience includes RTG Mining Inc. (TSE:RTG), which has advanced copper and gold exploration interests in the Philippines and Bougainville.
Previously, he served on the Boards of CGA Mining Ltd (ASX:CGC — a notable gold producer in the Philippines) and NASDAQ-listed Lonestar Resources US Inc. (NASDAQ:LONE), a Texas-based shale oil producer.
Scott’s commitment has been a consistent feature of his career, having been involved with most companies for several years while facilitating enhanced strategic insight and experience.
He is a fellow of the Institute of Chartered Accountants, member of the Taxation Institute of Australia and of the Australian Institute of Company Directors.
Scott’s appointment comes at a highly opportune time for CCZ, as it moves to test new DHEM conductors at Cangai Copper Mine and prospective areas within the Cangai South tenure.
The company will seek shareholder approval to issues 5,000,000 unlisted options (to acquire CCZ shares) to Scott at an exercise price of $0.05 which will expire on 31 December 2023 as part of his remuneration package.
CCZ chairman, Peter Meagher, commented on the appointment: “The Board is delighted that Rob has agreed to join CCZ at a clear inflection point, when we are looking to ramp up our exploration efforts at the mine and start testing new prospective areas within the Cangai South tenure.
“Furthermore, his vast experience overseeing various mining projects will be invaluable as we gain a greater understanding of the ore body at the Cangai Copper Mine in the months ahead.”
Scott commented: “I’m delighted to be taking up this role with CCZ at an exciting time in its evolution. Of special interest is Cangai Copper Mine’s potential to be re-opened, given it has delivered some remarkable high-grade assays and DHEM results highlighting potential scale.
“I look forward to contributing positively and working with the team to progress the project into the new year.”
General Information Only
This material has been prepared by Jason Price. Jason Price is an authorised representative (AR 000296877) of 62 Consulting Pty Limited (ABN 88 664 809 303) (AFSL 548573) (62C), and a Director of S3 Consortium Pty Ltd (trading as StocksDigital).
This material is general advice only and is not an offer for the purchase or sale of any financial product or service. The material is not intended to provide you with personal financial or tax advice and does not take into account your personal objectives, financial situation or needs. Although we believe that the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by 62C, Jason Price, StocksDigital, any of their related body corporates or any other person. To the maximum extent possible, 62C, Jason Price, StocksDigital, their related body corporates or any other person do not accept any liability for any statement in this material.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.
