Happy Creek Minerals Ltd. Appoints new Director, President and Chief Executive Officer
September 27, 2021, Vancouver, British Columbia – Happy Creek Minerals Ltd. (TSX-V: HPY) (“Happy Creek” or the “Company”) is pleased to announce that Mr. Peter Hughes, B.Sc. has been appointed as a Director, President and Chief Executive Officer (“CEO”) of the Company effective October 1, 2021.
Mr. Michael Cathro M.Sc., P.Geo., Interim President and CEO said, “On behalf of Happy Creek, I would like to welcome Mr. Hughes to our leadership team. Peter is a seasoned administrator and entrepreneur with a long and successful track record in capital markets and the governance of TSX Venture Exchange companies.”
Mr. Hughes has 35 years’ business experience including senior-level executive and director positions in both private and public companies specializing in pharmaceuticals, alternative energy, transportation, mining, aquaculture and sports technology. Areas of experience include corporate structuring, private and public equity financings and public company management. Mr. Hughes is a graduate of the University of British Columbia with a Bachelors’ degree in Science, Canadian Securities Course and Director’s and Officer’s Course. Mr. Hughes currently serves as a Director of a number of publicly traded companies, including Lead Director of Kelso Technologies Inc. (TSX/AMEX).”
Mr. Hughes said, “I am very excited about my appointment with Happy Creek and look forward to working closely with the experienced executives and technical team to build value for the Company and the shareholders.”
Mr. Walter Segsworth, Chairman stated “The Board of Directors of the Company welcome Mr. Hughes and believe that his background in markets and leadership will augment the existing strengths of the Board and will be of great benefit to the Company and the shareholders going forward.” Mr. Segsworth continued “On behalf of the Board and the shareholders of Happy Creek, I thank Mr. Cathro for stepping in as interim President and CEO and leading the Company competently and enthusiastically over the last six months”.
About Happy Creek Minerals Ltd.
Happy Creek is focused on making new discoveries and building resources in proximity to infrastructure on the Company’s 100%-owned portfolio of diversified metals projects in British Columbia. The Company’s Management, Board of Directors and Technical Advisors have solid expertise and depth in the mineral resource sector and capital markets.
More information on the Company’s projects can be found on the website at www.happycreekminerals.com.
The Company operates with the principles and guidelines set out for COVID-19 that are established by provincial health and safety authorities to protect workers and the communities in which the Company operates.
On behalf of the Board of Directors,
Interim President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael Cathro, P.Geo, Interim President and Chief Executive Officer
Office Phone: (604) 662-8310
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.
Michael Cathro, P.Geo. is a Qualified Person as defined by National Instrument 43-101 and is responsible for the preparation and approval of the technical information disclosed in the news release. The reader is cautioned that results or information from an adjacent property does not infer or indicate similar results or information will or does occur on the subject property. Historical information from the subject or adjacent property cannot not be relied upon as the Company’s QP, a term which was created and defined under NI-43-101 has not prepared nor verified the historical information.
This press release contains “forward-looking information” within the meaning of applicable securities laws, including statements that address capital costs, recovery, grade, and timing of work or plans at the Company’s mineral projects. Forward-looking information may be, but not always, identified by the use of words such as “seek”, “anticipate”, “foresee”, “plan”, “planned”, “continue”, “expect”, “thought to”, “project”, “predict”, “potential”, “targeting”, “intends”, “believe”, “opportunity”, “further” and others, or which describes a goal or action, event or result such as “may”, “should”, “could”, “would”, “might” or “will” be undertaken, occur or achieved. Statements also include those that address future mineral production, reserve potential, potential size or scale of a mineralized zone, potential expansion of mineralization, potential type(s) of mining, potential grades as well as to Happy Creek’s ability to fund ongoing expenditure, or assumptions about future metal or mineral prices, currency exchange rates, metallurgical recoveries and grades, favourable operating conditions, access, political stability, obtaining or renewal of existing or required mineral titles, licenses and permits, labour stability, market conditions, availability of equipment, accuracy of any mineral resources, anticipated costs and expenditures. Assumptions may be based on factors and events that are not within the control of Happy Creek and there is no assurance they will prove to be correct. Such forward-looking information involves known and unknown risks, which may cause the actual results to materially differ, and/or any future results expressed or implied by such forward-looking information. Additional information on risks and uncertainties can be found within Financial Statements, Prospectus and other materials found on the Company’s SEDAR profile at www.sedar.com. Although Happy Creek has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Happy Creek withholds any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by law.
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