– CANADA, Toronto – Aldridge Minerals Inc. (TSX-V: AGM) today announced the appointment of Jeremy South and Gage Jull as independent directors to the Company’s board of directors.
“On behalf of the Board and senior management, I would like to welcome Jeremy and Gage to the Aldridge team,” said Han Ilhan, President & CEO. “Jeremy and Gage bring a wealth of mining and capital markets experience to Aldridge and we look forward to benefiting from their extensive industry knowledge as we advance the development of the Yenipazar Project.”
Mr. South is currently Managing Partner of a Canadian-based private equity group. He has over 30 years of experience in M&A, capital markets and private equity in Europe, North America and Australia, including senior positions in investment banking at Deutsche Bank, NatWest Markets and Deloitte. For 10 years ended December 2016, Mr. South was Global Leader, Mining M&A Advisory at Deloitte. He was also the Asia Pacific Leader M&A, Energy & Resources. Based in Beijing for four years, he has advised leading Asian trading houses and financial investors on mining M&A, financing and strategy, and he counted some of Asia’s largest companies as clients. Mr. South is a Chartered Accountant and he holds a Bachelor of Economics from Monash University (Aust).
Mr. Jull is a co-founder and Principal of Bordeaux Capital. He has over two decades of experience in corporate finance covering the oil and gas, fertilizer and agriculture, mining, technology and industrial sectors. Mr. Jull has acted as lead underwriter on numerous cross border equity and debt offerings involving assets around the world with capital sourced in Canada, the U.S. and the U.K. His experience in finding demand and leading financing transactions in several jurisdictions has been a key element in completing significant financings for his clients in Canada, the UK and the U.S. He has completed over 200 such financings and M&A transactions in the course of his career. Mr. Gage holds a B.Sc. degree from the University of Toronto, an MBA from the University of Western Ontario, and holds both P.Eng. and CFA designations.
Aldridge is a development-stage mining company focused on its wholly owned and permitted Yenipazar polymetallic VMS Project (Gold, Silver, Copper, Lead, Zinc) in Turkey. Aldridge completed the Yenipazar Optimization Study and filed the related NI 43-101 compliant technical report in May 2014, which updated the original May 2013 Feasibility Study. The Optimization Study demonstrated that the Yenipazar Project is highly robust with an after-tax NPV of US$330 million at a 7% discount rate and an after-tax IRR of approximately 32%. The Company is currently advancing the Yenipazar Project on key aspects including land acquisition and financing.
For more information : http://www.aldridgeminerals.ca
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July 16, 2018
July 16, 2018