Apollo Silver Appoints Ross McElroy as President and CEO
Apollo Silver Corp (APGOF) has appointed Ross McElroy as its new President and CEO, replacing Andrew Bowering, who remains as Chair of the Board. McElroy joins Apollo following his successful leadership at Fission Uranium, which was recently acquired by Paladin Energy in a $1.14 billion transaction.
McElroy brings 38 years of mining industry experience as a professional geologist, having worked with companies of all sizes. His achievements include discovering numerous world-class uranium and gold deposits, earning him The Northern Miner's "Mining Person of the Year" (2013) and PDAC's "Bill Dennis Award" (2014). As part of his appointment, McElroy has been granted 2.5 million incentive stock options at $0.315 per share, vesting over 24 months.
Apollo Silver Corp (APGOF) ha nominato Ross McElroy come nuovo Presidente e CEO, sostituendo Andrew Bowering, che rimane Presidente del Consiglio di Amministrazione. McElroy entra in Apollo dopo il suo successo alla guida di Fission Uranium, recentemente acquisita da Paladin Energy in un'operazione da 1,14 miliardi di dollari.
McElroy porta con sé 38 anni di esperienza nell'industria mineraria come geologo professionista, avendo lavorato con aziende di diverse dimensioni. Tra i suoi successi, ha scoperto numerosi giacimenti di uranio e oro di livello mondiale, guadagnandosi il titolo di “Mining Person of the Year” dal Northern Miner (2013) e il “Bill Dennis Award” dalla PDAC (2014). In occasione della sua nomina, a McElroy sono state assegnate 2,5 milioni di opzioni azionarie incentivanti a $0,315 per azione, con maturazione prevista in 24 mesi.
Apollo Silver Corp (APGOF) ha nombrado a Ross McElroy como su nuevo Presidente y CEO, reemplazando a Andrew Bowering, quien permanece como Presidente del Consejo. McElroy se une a Apollo tras su exitosa dirección en Fission Uranium, que fue recientemente adquirida por Paladin Energy en una transacción de 1,14 mil millones de dólares.
McElroy aporta 38 años de experiencia en la industria minera como geólogo profesional, habiendo trabajado con empresas de todos los tamaños. Sus logros incluyen el descubrimiento de numerosos depósitos de uranio y oro de clase mundial, lo que le valió el título de “Mining Person of the Year” otorgado por The Northern Miner (2013) y el “Bill Dennis Award” de PDAC (2014). Como parte de su nombramiento, McElroy ha recibido 2,5 millones de opciones sobre acciones a $0,315 por acción, con un periodo de adquisición de 24 meses.
Apollo Silver Corp (APGOF)는 Ross McElroy를 신임 사장 겸 CEO로 임명했으며, 기존 CEO인 Andrew Bowering은 이사회 의장직을 유지합니다. McElroy는 최근 Paladin Energy가 11억 4천만 달러에 인수한 Fission Uranium에서의 성공적인 경력을 바탕으로 Apollo에 합류했습니다.
McElroy는 전문 지질학자로서 광산업계에서 38년의 경력을 가지고 있으며, 다양한 규모의 회사에서 근무해왔습니다. 그는 다수의 세계적 수준의 우라늄 및 금 광상을 발견했으며, 이로 인해 The Northern Miner의 “Mining Person of the Year”(2013)와 PDAC의 “Bill Dennis Award”(2014)를 수상했습니다. 임명과 함께 McElroy에게는 주당 $0.315, 24개월에 걸쳐 행사 가능한 250만 주의 인센티브 주식 옵션이 부여되었습니다.
Apollo Silver Corp (APGOF) a nommé Ross McElroy comme nouveau Président et CEO, en remplacement d'Andrew Bowering, qui reste Président du Conseil d'administration. McElroy rejoint Apollo après son leadership réussi chez Fission Uranium, récemment acquis par Paladin Energy dans une transaction de 1,14 milliard de dollars.
McElroy apporte 38 ans d'expérience dans l'industrie minière en tant que géologue professionnel, ayant travaillé avec des entreprises de toutes tailles. Ses réalisations incluent la découverte de nombreux gisements d'uranium et d'or de classe mondiale, ce qui lui a valu le titre de « Mining Person of the Year » décerné par The Northern Miner (2013) et le « Bill Dennis Award » de la PDAC (2014). Dans le cadre de sa nomination, McElroy s'est vu accorder 2,5 millions d'options d'achat d'actions incitatives à 0,315 $ par action, acquises sur 24 mois.
Apollo Silver Corp (APGOF) hat Ross McElroy als neuen Präsidenten und CEO ernannt und ersetzt damit Andrew Bowering, der weiterhin Vorstandsvorsitzender bleibt. McElroy kommt zu Apollo nach seiner erfolgreichen Führung bei Fission Uranium, das kürzlich von Paladin Energy in einem 1,14 Milliarden Dollar schweren Geschäft übernommen wurde.
McElroy bringt 38 Jahre Erfahrung in der Bergbauindustrie als professioneller Geologe mit und hat mit Unternehmen aller Größenordnungen gearbeitet. Zu seinen Erfolgen zählt die Entdeckung zahlreicher erstklassiger Uran- und Goldvorkommen, wofür er vom Northern Miner als „Mining Person of the Year“ (2013) und von der PDAC mit dem „Bill Dennis Award“ (2014) ausgezeichnet wurde. Im Rahmen seiner Ernennung wurden McElroy 2,5 Millionen Anreiz-Aktienoptionen zu je 0,315 $ gewährt, die über 24 Monate vesten.
- Appointment of highly experienced CEO with 38 years of mining industry expertise
- New CEO's proven track record of value creation, demonstrated by $1.14B Fission Uranium sale
- McElroy's extensive background in discovering world-class deposits and advancing them to production
- Strong alignment with shareholders through 2.5M stock option grant
- None.
VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce the appointment of Mr. Ross McElroy as President and CEO, effective immediately, succeeding Mr. Andrew Bowering, who will remain as Chair of the Board.
Mr. McElroy joins Apollo following the successful acquisition of Fission Uranium, a company he co-founded and eventually led as CEO, by Paladin Energy in a
Mr. McElroy is a professional geologist with over 38 years of mining industry experience, both in operational and corporate roles, having worked with major, mid-tier, and junior mining and exploration companies. His extensive international background spans from grassroots exploration to development to mining operations. He has played a key role in the discoveries of numerous world-class uranium and gold orebodies, several of which have been advanced to development and mining operations. His accomplishments have earned widespread recognition, including being named The Northern Miner’s “Mining Person of the Year” (2013), and receiving PDAC’s prestigious “Bill Dennis Award” (2014).
Mr. McElroy holds a Bachelor of Science degree with a specialization in Geology from the University of Alberta, and is a registered professional geologist in Saskatchewan, British Columbia, Nunavut, and the Northwest Territories.
“I am excited to be joining Apollo as its new President and CEO at such a pivotal time in the Company’s growth and development,” said Mr. McElroy. “Apollo is backed by a strong portfolio of silver assets and a highly capable team with a proven track record. I’m eager to build on that foundation and drive the Company toward its next phase of growth. I see a major opportunity to unlock significant value for shareholders as the Company advances towards becoming a leading silver developer in the Americas.”
Mr. Bowering added, “I am looking forward to working closely with Ross. Our ability to attract someone with Ross’ expertise, energy and track record of value creation speaks volumes about the opportunity at Apollo. I believe he will have a transformative impact on the Company’s future and all stakeholders will benefit greatly.”
Grant of Options
In connection with his appointment, Mr. McElroy has been granted an aggregate of 2,500,000 incentive stock options (the “Options”) pursuant to the Company’s Omnibus Incentive Plan. The Options are exercisable at a price of
About Apollo Silver Corp.
Apollo has assembled an experienced and technically strong leadership team who have joined to advance quality precious metals projects in sought after jurisdictions. The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California and the Cinco de Mayo Project, in Chihuahua, Mexico.
Please visit www.apollosilver.com for further information.
ON BEHALF OF THE BOARD OF DIRECTORS
Andrew Bowering
Chairman
For further information, please contact:
Andrew Bowering
Chairman
Telephone: +1 (604) 428-6128
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.
Cautionary Statement Regarding “Forward-Looking” Information
This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation the statements regarding the Company’s future growth, development plans, potential to unlock shareholder value, and expectations regarding Mr. McElroy’s impact on the Company and its stakeholders. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and Ba; the demand for silver, gold and Ba; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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