Appia Rare Earths & Uranium Corp Announces CFO Transition
Rhea-AI Summary
Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) has announced a CFO transition. Frank van de Water, the current CFO, will be retiring from his role on August 1st, 2024, but will remain an active member of the Board of Directors. Brian Crawford, a former partner with BDO Canada LLP and co-founder of several public companies, will assume the role of CFO, subject to regulatory approval.
Stephen Burega, President of Appia, expressed gratitude for Frank's executive leadership and contributions since joining the management team in January 2016 and as a board member since March 2013. Brian Crawford brings extensive experience as a financial executive, having served as CFO and Director for multiple public companies listed on the TSXV and CSE.
Positive
- Smooth transition in CFO role with Brian Crawford bringing extensive financial experience
- Retiring CFO Frank van de Water remains on the Board of Directors, ensuring continuity
Negative
- None.
News Market Reaction
On the day this news was published, APAAF gained 1.84%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Toronto, Ontario--(Newsfile Corp. - August 1, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today that Frank van de Water, Chief Financial Officer (CFO), will be retiring from the role of CFO as of August 1st, 2024 but will remain as an active member of the Board of Directors. Brian Crawford will assume the role of CFO.
Stephen Burega, President, stated, "On behalf of the Board of Directors and Appia's management team, I would like to thank Frank for his executive leadership and contributions since joining our management team in January 2016 as CFO, and as an ongoing member of the Board since March 2013. During Frank's tenure, we successfully completed numerous exploration programs and property acquisitions, and I would like to thank Frank for his guidance to management throughout his time with the Company, and to wish Frank all the best in his retirement."
Brian Crawford is graduate of the University of Toronto and a former partner with BDO Canada LLP, Brian co-founded and built several public companies currently listed on the TSXV and the CSE. Brian has extensive experience as CFO and as a director of private and public companies, and currently serves as CFO and Director of several public companies.
Burega continued, "I am pleased to welcome Brian into his new role as CFO. Brian has extensive experience as a financial executive and we are fortunate to have Brian joining the Appia team."
Brian's role as CFO is subject to regulatory approval.
About Appia Rare Earths & Uranium Corp. (Appia)
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds the right to acquire up to a
Appia has 136.8 million common shares outstanding, 145.5 million shares fully diluted.
Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For more information, visit www.appiareu.com
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Contact:
Tom Drivas, CEO and Director
(c) (416) 876-3957
(f) (416) 218-9772
(e) tdrivas@appiareu.com
Stephen Burega, President
(c) (647) 515-3734
(e) sburega@appiareu.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218504
FAQ
When will Frank van de Water retire as CFO of Appia Rare Earths & Uranium Corp (APAAF)?
Who will be the new CFO of Appia Rare Earths & Uranium Corp (APAAF)?
Will Frank van de Water remain with Appia Rare Earths & Uranium Corp (APAAF) after retiring as CFO?
What is Brian Crawford's background before joining Appia Rare Earths & Uranium Corp (APAAF) as CFO?
