American Copper Development Corp. Announces Leadership Transition and Strategic Refocus
American Copper Development Corp (OTC:ACDXF) announced an immediate leadership transition on October 31, 2025. Anthony Paterson was appointed Chief Executive Officer and Director, while Jeremy Ross and Ali Pickett joined the board. The company also reported the resignations of Daniel Schieber (CEO and Director), Stuart Ross, and Marcio Fonseca (Directors), effective October 30, 2025.
The new team said it will undertake a review of the company’s assets, capital structure, and strategic priorities to refocus on value creation and disciplined execution.
American Copper Development Corp (OTC:ACDXF) ha annunciato un immediato cambio di leadership il 31 ottobre 2025. Anthony Paterson è stato nominato Amministratore Delegato e Membro del Consiglio, mentre Jeremy Ross e Ali Pickett sono entrati nel consiglio. L'azienda ha inoltre comunicato le dimissioni di Daniel Schieber (CEO e Membro del Consiglio), Stuart Ross e Marcio Fonseca (Membri del Consiglio), con effetto 30 ottobre 2025.
Il nuovo team ha dichiarato che eseguirà una revisione degli asset, struttura del capitale e priorità strategiche per rifocalizzarsi sulla creazione di valore e sull'esecuzione disciplinata.
American Copper Development Corp (OTC:ACDXF) anunció una transición de liderazgo de inmediato el 31 de octubre de 2025. Anthony Paterson fue nombrado Director Ejecutivo y Director, mientras Jeremy Ross y Ali Pickett se unieron a la junta. La compañía también informó las renuncias de Daniel Schieber (CEO y Director), Stuart Ross y Marcio Fonseca (Directores), con efecto a partir del 30 de octubre de 2025.
El nuevo equipo dijo que llevará a cabo una revisión de los activos, estructura de capital y prioridades estratégicas para reenfocarse en la creación de valor y una ejecución disciplinada.
American Copper Development Corp (OTC:ACDXF)가 2025년 10월 31일에 즉각적인 리더십 전환을 발표했습니다. Anthony Paterson가 최고경영자이자 이사로 임명되었고, Jeremy Ross와 Ali Pickett가 이사회에 합류했습니다. 또한 회사는 2025년 10월 30일부로 효력이 발생하는 Daniel Schieber(CEO 및 이사), Stuart Ross, Marcio Fonseca(이사)의 사임을 보고했습니다.
새 팀은 자산, 자본 구조 및 전략적 우선순위에 대한 검토를 수행하여 가치 창출 및 규율 있는 실행에 집중하겠다고 밝혔습니다.
American Copper Development Corp (OTC:ACDXF) a annoncé une transition de leadership immédiate le 31 octobre 2025. Anthony Paterson a été nommé Directeur général et Administrateur, tandis que Jeremy Ross et Ali Pickett ont rejoint le conseil. L'entreprise a également signalé les démissions de Daniel Schieber (PDG et Administrateur), Stuart Ross et Marcio Fonseca (Administrateurs), effectives à partir du 30 octobre 2025.
La nouvelle équipe a déclaré qu'elle entreprendrait un examen des actifs, de la structure du capital et des priorités stratégiques afin de se recentrer sur la création de valeur et une exécution disciplinée.
American Copper Development Corp (OTC:ACDXF) kündigte eine sofortige Führungsübergabe am 31. Oktober 2025 an. Anthony Paterson wurde zum Chief Executive Officer und Direktor ernannt, während Jeremy Ross und Ali Pickett dem Vorstand beigetreten sind. Das Unternehmen meldete auch die Rücktritte von Daniel Schieber (CEO und Direktor), Stuart Ross und Marcio Fonseca (Direktoren), wirksam zum 30. Oktober 2025.
Das neue Team sagte, es werde eine Überprüfung der Vermögenswerte, Kapitalstruktur und strategischen Prioritäten vornehmen, um sich auf Wertschöpfung und disziplinierte Umsetzung zu konzentrieren.
American Copper Development Corp (OTC:ACDXF) أعلنت عن انتقال قيادي فوري في 31 أكتوبر 2025. تم تعيين أنتوني باترسون كمدير تنفيذي وعضو مجلس الإدارة، بينما انضم جيرمي روس وآلي بيكيت إلى المجلس. كما أوردت الشركة استقالات دانيال شيبر (الرئيس التنفيذي وعضو المجلس)، ستيوارت روس، ومارسيّو فونسيكا (أعضاء المجلس)، سارية اعتباراً من 30 أكتوبر 2025.
قال الفريق الجديد إنه سيجري مراجعة لــ الأصول، هيكل رأس المال، والاولويات الاستراتيجية بهدف إعادة التركيز على خلق القيمة وتنفيذ منضبط.
- CEO appointment of Anthony Paterson effective Oct 31, 2025
- Two new directors added: Jeremy Ross and Ali Pickett
- Board review of assets and capital structure initiated
- Three departures from management/board effective Oct 30, 2025
- Leadership turnover may create near-term execution uncertainty
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2025) - American Copper Development Corporation (CSE: ACDX) ("ACDX" or the "Company") announces a leadership transition.
Effective immediately, Anthony Paterson has been appointed Chief Executive Officer and Director, with Jeremy Ross and Ali Pickett joining the Board.
Mr. Anthony Paterson is an experienced venture builder and corporate strategist with a background in advancing exploration and development-stage companies. As an early strategic contributor to Prime Mining Corp., he currently serves as Lead Director of West Point Gold Corp. (TSXV: WPG) and Co-Founder of Patriot Critical Minerals Corp.
Mr. Jeremy Ross brings over twenty-five years of capital markets and corporate finance experience, having played key roles in several successful resource companies, including Prime Mining Corp., Fission Uranium Corp., Lithium Chile and American Lithium Corp.
Mr. Ali Pickett is a seasoned Chief Financial Officer and finance executive with over 17 years of experience spanning mining, biotechnology, and real estate. His expertise covers financial strategy, cross-border reporting, and capital markets transactions across multiple sectors.
The Company also announces the resignations of Daniel Schieber (CEO and Director), Stuart Ross, and Marcio Fonseca (Directors), effective October 30, 2025.
The new leadership team is undertaking a review of its assets, capital structure, and strategic priorities to refocus on value creation and disciplined execution.
About the Company
The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lordsburg Property.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
American Copper Development Corporation
For further information, please contact:
Anthony Paterson
Chief Executive Officer and Director
Phone: (778) 372-9888
Email: invest@american-copper.com
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain "forward-looking information" under applicable Canadian securities legislation, which include, but are limited to, statements relating to the use of proceeds from the Private Placement. Forward-looking information involves risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information is necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking information. Accordingly, the forward-looking information discussed in this release, may not occur and could differ materially as a result of these known and unknown risk factors and uncertainties affecting ACDX. Although ACDX believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on this information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, ACDX disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272697
FAQ
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