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American Rare Earths Announces Appointment of Non-Executive Director and Chief Financial Officer

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American Rare Earths (AMRRY) has announced two key leadership appointments effective May 5, 2025. Brian Arkell joins as Non-Executive Director, bringing over 35 years of experience in mineral exploration and mine development. His expertise includes developing major gold and copper-gold projects across the Americas and Southeast Asia, with previous roles at Argonaut Gold, Caza Gold Corp, and Newmont Mining Corporation. Megan McPherson has been appointed as Chief Financial Officer, bringing 23 years of experience in finance and governance, including CFO and Company Secretary roles at ASX-listed mining companies. These strategic appointments aim to strengthen the company's leadership team as it advances its U.S.-based rare earths strategy, particularly at Halleck Creek.
American Rare Earths (AMRRY) ha annunciato due importanti nomine nel suo team dirigenziale, effettive dal 5 maggio 2025. Brian Arkell entra a far parte del consiglio come Direttore Non Esecutivo, portando oltre 35 anni di esperienza nell'esplorazione mineraria e nello sviluppo di miniere. La sua competenza include lo sviluppo di grandi progetti auriferi e di rame-oro nelle Americhe e nel Sud-est asiatico, con precedenti incarichi presso Argonaut Gold, Caza Gold Corp e Newmont Mining Corporation. Megan McPherson è stata nominata Chief Financial Officer, con 23 anni di esperienza in finanza e governance, tra cui ruoli di CFO e Company Secretary in società minerarie quotate all'ASX. Queste nomine strategiche mirano a rafforzare il team di leadership dell'azienda mentre avanza nella sua strategia di terre rare negli Stati Uniti, in particolare presso Halleck Creek.
American Rare Earths (AMRRY) ha anunciado dos nombramientos clave en su equipo directivo, efectivos a partir del 5 de mayo de 2025. Brian Arkell se incorpora como Director No Ejecutivo, aportando más de 35 años de experiencia en exploración mineral y desarrollo de minas. Su experiencia incluye el desarrollo de importantes proyectos de oro y cobre-oro en América y el Sudeste Asiático, con roles anteriores en Argonaut Gold, Caza Gold Corp y Newmont Mining Corporation. Megan McPherson ha sido nombrada Directora Financiera, con 23 años de experiencia en finanzas y gobernanza, incluyendo cargos como CFO y Secretaria de la Compañía en empresas mineras cotizadas en ASX. Estos nombramientos estratégicos buscan fortalecer el equipo directivo de la compañía mientras avanza en su estrategia de tierras raras en EE. UU., especialmente en Halleck Creek.
American Rare Earths(AMRRY)는 2025년 5월 5일부터 두 명의 주요 임원 임명을 발표했습니다. 브라이언 아켈은 비상임 이사로 합류하며, 광물 탐사 및 광산 개발 분야에서 35년 이상의 경험을 보유하고 있습니다. 그는 미주 및 동남아시아 지역에서 주요 금 및 구리-금 프로젝트 개발에 전문성을 갖추고 있으며, 이전에는 Argonaut Gold, Caza Gold Corp, Newmont Mining Corporation에서 근무했습니다. 메건 맥퍼슨은 최고재무책임자(CFO)로 임명되었으며, 23년간 재무 및 거버넌스 분야에서 경험을 쌓았고, ASX 상장 광산 회사에서 CFO 및 회사 비서 역할을 수행한 바 있습니다. 이번 전략적 임명은 회사가 미국에 기반을 둔 희토류 전략, 특히 할렉 크릭 프로젝트를 추진하는 데 있어 리더십 팀을 강화하기 위한 것입니다.
American Rare Earths (AMRRY) a annoncé deux nominations clés au sein de sa direction, effectives à partir du 5 mai 2025. Brian Arkell rejoint le conseil en tant que directeur non exécutif, apportant plus de 35 ans d'expérience dans l'exploration minérale et le développement minier. Son expertise inclut le développement de grands projets aurifères et cuivre-or à travers les Amériques et l'Asie du Sud-Est, avec des postes précédents chez Argonaut Gold, Caza Gold Corp et Newmont Mining Corporation. Megan McPherson a été nommée directrice financière, avec 23 ans d'expérience en finance et gouvernance, notamment en tant que CFO et secrétaire de société dans des entreprises minières cotées à l'ASX. Ces nominations stratégiques visent à renforcer l'équipe dirigeante de la société alors qu'elle fait progresser sa stratégie de terres rares basée aux États-Unis, notamment à Halleck Creek.
American Rare Earths (AMRRY) hat zwei wichtige Führungspositionen bekannt gegeben, die ab dem 5. Mai 2025 wirksam werden. Brian Arkell tritt als Nicht-Exekutiv-Direktor bei und bringt über 35 Jahre Erfahrung in der Mineraliensuche und Bergwerksentwicklung mit. Seine Expertise umfasst die Entwicklung großer Gold- und Kupfer-Gold-Projekte in Amerika und Südostasien, mit früheren Positionen bei Argonaut Gold, Caza Gold Corp und Newmont Mining Corporation. Megan McPherson wurde zur Chief Financial Officer ernannt und verfügt über 23 Jahre Erfahrung in Finanzen und Unternehmensführung, darunter CFO- und Company Secretary-Positionen bei an der ASX gelisteten Bergbauunternehmen. Diese strategischen Ernennungen zielen darauf ab, das Führungsteam des Unternehmens zu stärken, während es seine in den USA angesiedelte Seltene-Erden-Strategie, insbesondere bei Halleck Creek, vorantreibt.
Positive
  • Addition of Brian Arkell brings 35+ years of mining expertise and technical knowledge
  • Megan McPherson's 23 years of financial experience in mining sector strengthens financial oversight
  • Both appointments enhance the company's leadership capabilities for U.S. rare earths development
Negative
  • None.

DENVER, May 02, 2025 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or the “Company”) is pleased to announce two key leadership appointments as it continues to advance its U.S.-based rare earths strategy: the appointment of Mr. Brian Arkell as a U.S.-based Non-Executive Director, and Ms. Megan McPherson as Chief Financial Officer (CFO), effective May 5, 2025.

Brian Arkell Appointed as US-Based Non-Executive Director

Mr. Arkell brings over 35 years of international experience in mineral exploration, mine development, and operations, with a distinguished track record advancing world-class gold and copper-gold projects across the Americas and Southeast Asia. His notable contributions include key roles in the development of the Yanacocha gold mine in Peru, the Batu Hijau copper-gold mine in Indonesia, the Merian gold mine in Suriname, and the Magino gold mine in Canada.

From 2018 to 2023, Brian served as Vice President of Exploration and Mine Technical Services at Argonaut Gold, overseeing exploration, mine planning, geology, and corporate reserves across five operating mines and several development-stage projects. He previously held senior roles including CEO of Caza Gold Corp., SVP of Exploration and Corporate Development at Rio Novo Gold Inc., and spent over two decades with Newmont Mining Corporation, culminating as Director of Geology and Exploration for South America.

Mr. Arkell currently serves as Vice President of Exploration and Technical Services at Cabral Gold Inc. He holds a B.S. in Geology and Engineering from the University of Maryland and an M.S. in Geology from the New Mexico Institute of Mining and Technology. He is a Registered Member of the Society for Mining, Metallurgy & Exploration (SME), a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), and a Fellow of the Society of Economic Geologists. He is also recognised as a Qualified Person under Canadian NI 43-101 standards and a Competent Person under the Australian JORC Code.

Megan McPherson Appointed Chief Financial Officer

Ms. Megan McPherson will join the Company as Chief Financial Officer (CFO), effective May 5, 2025. Megan is a highly regarded finance and governance professional with more than 23 years of experience, including CFO and Company Secretary roles at multiple ASX-listed mining companies. Most recently, she served as CFO and then Company Secretary at Group 6 Metals Limited.

As CFO and a key member of ARR’s executive team, Megan will oversee the Company’s financial operations, including capital management, treasury, compliance, investor relations, and risk management.

Megan holds a Bachelor of Commerce from the University of Wollongong and is a member of Chartered Accountants Australia and New Zealand (CA ANZ).

Chairman Richard Hudson commented:
“We are delighted to welcome Megan and Brian to the team at a pivotal time for American Rare Earths. Megan brings deep financial expertise and proven leadership across the mining sector, while Brian’s extensive technical and operational experience in the Americas will be invaluable as we advance Halleck Creek. Their appointments significantly enhance our strength and position us for continued growth.”
This announcement has been authorized for release by the Chairman of American Rare Earths Limited.

About American Rare Earths Limited:
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) is a critical minerals company at the forefront of reshaping the U.S. rare earths industry. Through its wholly owned subsidiary, Wyoming Rare (USA) Inc., the company is advancing the Halleck Creek Project in Wyoming—a world-class rare earth deposit with the potential to secure America’s critical mineral independence for generations. The Halleck Creek Project boasts a JORC-compliant resource of 2.63 billion tonnes, representing approximately 16% of the greater Halleck Creek project surface area, making it one of the largest rare earth deposits in the United States. Located on Wyoming State land, the Cowboy State Mine within Halleck Creek offers cost-efficient open-pit mining methods and benefits from streamlined permitting processes in this mining-friendly state.

With plans for onsite mineral processing and separation facilities, Halleck Creek is strategically positioned to reduce U.S. reliance on imports—predominantly from China—while meeting the growing demand for rare earth elements essential to defense, advanced technologies, and economic security. As exploration progresses, the project’s untapped potential on both State and Federal lands further reinforces its significance as a cornerstone of U.S. supply chain security. In addition to its resource potential, American Rare Earths is committed to environmentally responsible mining practices and continues to collaborate with U.S. Government-supported R&D programs to develop innovative extraction and processing technologies for rare earth elements.

The opportunities ahead for Halleck Creek are transformational, positioning it as a multi-generational resource that aligns with U.S. national priorities for critical mineral independence.

For further information contact:

Susan Assadi
Media Relations US
sassadi@americanree.com
347 977 7125

Beverly Jedynak
Investor Relations US
Beverly.jedynak@viriathus.com
312 943 1123


FAQ

Who are the new appointments at American Rare Earths (AMRRY) announced in May 2025?

American Rare Earths appointed Brian Arkell as Non-Executive Director and Megan McPherson as Chief Financial Officer, both effective May 5, 2025.

What experience does Brian Arkell bring to American Rare Earths (AMRRY)?

Brian Arkell brings over 35 years of experience in mineral exploration and mine development, including key roles at Argonaut Gold, Newmont Mining Corporation, and development of major mines like Yanacocha in Peru and Batu Hijau in Indonesia.

What is Megan McPherson's background before joining American Rare Earths (AMRRY)?

Megan McPherson has 23 years of experience in finance and governance, most recently serving as CFO and Company Secretary at Group 6 Metals Limited, with previous CFO and Company Secretary roles at multiple ASX-listed mining companies.

How will these appointments impact American Rare Earths' (AMRRY) operations?

The appointments strengthen the company's leadership team as it advances its U.S.-based rare earths strategy, particularly at Halleck Creek, with enhanced financial oversight and technical expertise in mining operations.
American Rare Earths Limited

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