In the same category

Ecometals Limited

Published : February 25th, 2008

Appoints General Manager and Controller for Ecuadorian Operations

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Marketwire

 
 
Ecometals Limited
TSX VENTURE:EML
FRANKFURT:GDQ
BERLIN:GDQ
Other Recent News

February 25, 2008
Ecometals Appoints General Manager and Controller for Ecuadorian Operations
TORONTO, ONTARIO--(Marketwire - Feb. 25, 2008) - Ecometals Limited (TSX VENTURE:EML)(FRANKFURT:GDQ)(BERLIN:GDQ) is pleased to announce the appointment of Diego Benalcazar as General Manager and Rodrigo Izurieta as Controller, both for Ecuadorian Operations.

Mr. Benalcazar has been involved in mineral exploration, mining property evaluation and acquisitions in many countries throughout Latin America and the Caribbean. He has held consulting and managerial positions with several international mining companies, including Homestake International Minerals Ltd., Pancontinental Mining Ltd. and the U.S. subsidiary of Belgium-based Union Miniere.

Mr. Benalcazar was also General Manager for several subsidiaries of the Holderbank Cement Group of Switzerland. He has additionally served as Director of Ready-Mixed Concrete for Holcim Cementos Caribe S.A. in Venezuela and Cemetos Boyaca S.A. in Colombia, which included responsibility for Dominican Lesser Antilles.

As a former President and member of the Board of Directors of the Ecuadorian Chamber of Mines, Mr. Benalcazar has actively represented the mining industry in discussions with Ecuadorian government authorities.

Mr. Benalcazar holds a B.A. in geology from North Carolina State University and has completed the Program for Management Development of Harvard Business School.

Mr. Izurieta comes to Ecometals from CTC, where he was a partner and owner. CTC is a consulting firm specializing in finance and economics, advising multilateral organizations, banks and multinational corporations. Mr. Izurieta also served as Director of Finance and Strategy at EFH Corp., a family-owned holding company with investments in manufacturing, real estate and agriculture. He also provided sovereign-bond coverage for Banco Santander in New York and was a senior consultant in Arthur Andersen's Corporate Finance consulting division.

Mr. Izurieta graduated summa cum laude from San Francisco University in Quito with a double major in economics and finance. He was a Fulbright Scholar and won a merit-based grant from New York University, where he obtained a master's degree in economics.

"Our strong pace of exploration and ambitious schedule of future activities in Ecuador requires highly qualified managers," said Fran Scola, Chief Executive Officer of Ecometals. "Diego and Rodrigo bring to Ecometals solid operational experience and an in-depth understanding of their respective disciplines, which will be invaluable as we move forward."

Ecometals also announces the granting of 13.8 million options to employees and directors, pursuant to its option plan that was approved by shareholders on October 1, 2007. The options have a strike price of $0.50 per share and vest over an 18-month period in equal monthly instalments. They expire after five years. The Company currently has approximately 220 million shares issued and outstanding.

"Ecometals has completed an intensive reorganization over the past year and the option award is intended to recognize the extraordinary service of key employees and directors," said Mr. Scola. "We are confident that we now have the right team in place to grow shareholder value."

About Ecometals

Ecometals Limited is a Canadian-listed mineral exploration and development company focused on mineral resources in Latin America. Ecometals also holds 44.4% of Atomaer Holdings Pty Ltd., a private Australian holding company.

Cautionary Statement Regarding Forward-Looking Statements

Statements contained in this release that do not express historical facts are forward-looking statements. Such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from those expressed in them. These include risks relating to changes in economic or environmental conditions and the company's ability to execute its business model and strategic plans. The company relies on litigation protection for forward-looking statements.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Ecometals Limited - Investors
Mark Kesselman
Chief Financial Officer
Email: info@ecometalslimited.com
Website: www.ecometalslimited.com

or

Barnes McInerney Inc. - Media
Colin Languedoc
Senior Consultant
(416) 367-5000
Fax: (416) 367-5390
Email: clanguedoc@barnesmcinerney.com

INDUSTRY: Manufacturing and Production - Mining and Metals

Footer

Data and Statistics for these countries : Belgium | Colombia | Ecuador | Switzerland | Venezuela | All
Gold and Silver Prices for these countries : Belgium | Colombia | Ecuador | Switzerland | Venezuela | All

Ecometals Limited

EXPLORATION STAGE
CODE : EML.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Ecometals is a gold exploration company based in Canada.

Ecometals holds various exploration projects in Brazil and in Ecuador.

Its main exploration properties are SERRA DO NAVIO, MATAPI, PEDRA BRANCA and ALDEBARAN in Brazil and RIO ZARZA, SANTA BARBARA, CONDOR ECUADOR and EL HITO in Ecuador.

Ecometals is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 20.5 millions as of today (US$ 15.1 millions, € 13.6 millions).

Its stock quote reached its lowest recent point on December 17, 2008 at CA$ 0.02, and its highest recent level on July 14, 2023 at CA$ 0.46.

Ecometals has 241 540 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Option Grants of Ecometals Limited
1/9/2009Grants Stock Options
Nominations of Ecometals Limited
4/28/2008Appoints Chief Operating Officer
2/25/2008Appoints General Manager and Controller for Ecuadorian Opera...
Corporate news of Ecometals Limited
12/5/2008Announces Results of Annual and Special Shareholders' Meetin...
10/2/2008Litigation Update in Brazil
5/7/2008Suspends Operations in Ecuador
10/3/2007Shareholders Propose Name Change to Ecometals
10/3/2007 Announces Record Quarterly Gold Production
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (EML.V)FRANKFURT (GDQ.F)
0.085+6.25%0.0150
TSX-V
CA$ 0.085
09/19 10:33 0.010
6.25%
Prev close Open
0.080 0.085
Low High
0.085 0.085
Year l/h YTD var.
0.075 -  0.205 -46.88%
52 week l/h 52 week var.
0.075 -  0.250 -63.83%
Volume 1 month var.
9,000 -%
24hGold TrendPower© : -37
Produces
Develops
Explores for Copper - Gold - Iron - Manganese - Molybdenum - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/4/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-43.33%0.210.07
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.08+0.50%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 9.13+2.48%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.60+1.18%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.10+1.94%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 13.31+5.05%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
 0.34+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+2.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 1.84+4.24%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 40.99+1.54%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.