Amarc Appoints Chief Financial Officer
Amarc Resources (OTCQB:AXREF) has appointed Carol Li as its new Chief Financial Officer, effective July 19, 2025. Li, a Chartered Professional Accountant with over 30 years of experience in the resources industry, brings extensive expertise in financial reporting, project financing, and capital markets.
Li succeeds Tom Wilson, who is retiring from his position. Her appointment strengthens Amarc's executive team as the company continues to advance three copper-gold districts in British Columbia.
Amarc Resources (OTCQB:AXREF) ha nominato Carol Li come nuovo Chief Financial Officer, con effetto dal 19 luglio 2025. Li, contabile professionista certificata con oltre 30 anni di esperienza nel settore delle risorse, porta con sé una vasta competenza in rendicontazione finanziaria, finanziamento di progetti e mercati dei capitali.
Li succede a Tom Wilson, che si ritira dal suo incarico. La sua nomina rafforza il team esecutivo di Amarc mentre l'azienda continua a sviluppare tre distretti di rame e oro nella British Columbia.
Amarc Resources (OTCQB:AXREF) ha designado a Carol Li como su nueva Directora Financiera, con efecto desde el 19 de julio de 2025. Li, contadora pública certificada con más de 30 años de experiencia en la industria de recursos, aporta un amplio conocimiento en informes financieros, financiamiento de proyectos y mercados de capitales.
Li reemplaza a Tom Wilson, quien se retira de su puesto. Su nombramiento fortalece el equipo ejecutivo de Amarc mientras la compañía continúa avanzando en tres distritos de cobre y oro en Columbia Británica.
Amarc Resources (OTCQB:AXREF)는 2025년 7월 19일부터 새로운 최고재무책임자(CFO)로 Carol Li를 임명했습니다. 공인회계사인 Li는 자원 산업에서 30년 이상의 경력을 보유하고 있으며, 재무 보고, 프로젝트 금융 및 자본 시장에 대한 폭넓은 전문성을 갖추고 있습니다.
Li는 은퇴하는 Tom Wilson의 뒤를 잇습니다. 그녀의 임명은 브리티시컬럼비아에서 구리-금 광산 3곳을 개발 중인 Amarc의 경영진을 강화합니다.
Amarc Resources (OTCQB:AXREF) a nommé Carol Li en tant que nouvelle Directrice Financière, à compter du 19 juillet 2025. Li, comptable professionnelle agréée avec plus de 30 ans d'expérience dans l'industrie des ressources, apporte une expertise approfondie en reporting financier, financement de projets et marchés financiers.
Li succède à Tom Wilson, qui prend sa retraite. Sa nomination renforce l'équipe de direction d'Amarc alors que la société poursuit le développement de trois districts cuivre-or en Colombie-Britannique.
Amarc Resources (OTCQB:AXREF) hat Carol Li mit Wirkung zum 19. Juli 2025 zur neuen Chief Financial Officer ernannt. Li, eine zertifizierte Wirtschaftsprüferin mit über 30 Jahren Erfahrung in der Rohstoffbranche, bringt umfangreiche Expertise in Finanzberichterstattung, Projektfinanzierung und Kapitalmärkten mit.
Li tritt die Nachfolge von Tom Wilson an, der in den Ruhestand geht. Ihre Ernennung stärkt das Führungsteam von Amarc, während das Unternehmen drei Kupfer-Gold-Distrikte in British Columbia weiterentwickelt.
- None.
- Loss of continuity with departure of previous CFO
VANCOUVER, BC / ACCESS Newswire / July 7, 2025 / Amarc Resources Ltd. ("Amarc" or the "Company") (TSXV:AHR)(OTCQB:AXREF) is pleased to announce that Carol Li has joined Amarc and, effective July 19, 2025, will be Chief Financial Officer ("CFO") of the Company. She will be transitioning into the role until that time.
Ms. Li is an experienced financial professional holding Chartered Professional Accountant ("CPA") and CGA designations with more than 30 years of international experience in the resources industry as well as financial services and securities firms. She has served as a CFO and as a director of public companies within the resources sector. Her background as a financial executive is extensive, and incorporates financial reporting, budgeting, capital project management, systems implementation, internal controls, taxation and capital markets along with mergers and acquisitions. In project financing, her expertise includes debt financing, royalty, streaming and equity financing.
Dr. Diane Nicolson, President and CEO of Amarc said, "On behalf of the members of the Board, I am delighted to welcome Carol to the Amarc team whose experience and capabilities will serve to strengthen the Amarc executive team. We look forward to her input and participation based on an extensive background in financial management and expertise in project financing as we continue to advance three high potential copper-gold districts in British Columbia that continue to deliver discoveries."
Ms. Li replaces Tom Wilson who is retiring from his role with the Company. "I would like to acknowledge and thank Tom Wilson for his efforts as CFO over the past several years and wish him all the best in the future," said Nicolson.
About Amarc Resources Ltd.
Amarc is a mineral exploration and development company with an experienced and successful management team focused on developing a new generation of long-life, high-value porphyry Cu-Au mines in BC. By combining high-demand projects with dynamic management, Amarc has created a solid platform to create value from its exploration and development-stage assets.
Amarc is advancing the JOY, DUKE and IKE porphyry Cu±Au Districts located in different prolific porphyry regions of northern, central and southern BC, respectively. Each District represents significant potential for the development of multiple and important-scale, porphyry Cu±Au deposits. Importantly, each of the three districts are located in proximity to industrial infrastructure - including power, highways and rail.
Amarc's exploration is led by an internationally successful team of experienced geologists specializing in porphyry Cu-Au deposits. Members of this team have been involved in and have tracked porphyry Cu-Au exploration advancements in the Toodoggone region since 1990. Their experience and early recognition of the porphyry potential at the NWG Target in terms of a shallowly overburden covered and underexplored transitional epithermal-porphyry geological setting, led to the discovery of the Au-rich AuRORA porphyry Cu-Au-Ag Deposit.
Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport"), a wholly owned subsidiary of Freeport-McMoRan Inc. at JOY and Boliden Mineral Canada Ltd. ("Boliden"), an entity within the Boliden Group of companies at DUKE, can earn up to a
Amarc is associated with HDI, a diversified, global mining company with a 35-year history of porphyry Cu deposit discovery, development and transaction success. Previous and current HDI projects include some of BC's and the world's most important porphyry deposits - such as Pebble, Mount Milligan, Southern Star, Kemess South, Kemess North, Gibraltar, Prosperity, Xietongmen, Newtongmen, Florence, Casino, Sisson, Maggie, AuRORA, PINE, IKE and DUKE. From its head office in Vancouver, Canada, HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral projects.
Amarc works closely with local governments, Indigenous groups and stakeholders in order to advance its mineral projects responsibly, and in a manner that contributes to sustainable community and economic development. We pursue early and meaningful engagement to ensure our mineral exploration and development activities are well coordinated and broadly supported, address local priorities and concerns, and optimize opportunities for collaboration. In particular, we seek to establish mutually beneficial partnerships with Indigenous groups within whose traditional territories our projects are located, through the provision of jobs, training programs, contract opportunities, capacity funding agreements and sponsorship of community events. All Amarc work programs are carefully planned to achieve high levels of environmental and social performance.
Mark Rebagliati, P.Eng, a Qualified Person ("QP") as defined by National Instrument 43-101, has reviewed and approved all technical and scientific information related to the Company's projects contained in this news release. Mr. Rebagliati is not independent of the Company.
For further details on Amarc Resources Ltd., please visit the Company's website at www.amarcresources.com or contact Dr. Diane Nicolson, President and CEO, at (604) 684-6365 or within North America at 1-800-667-2114.
ON BEHALF OF THE BOARD OF DIRECTORS OF AMARC RESOURCES LTD.
Dr. Diane Nicolson
President and CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking and other Cautionary Information
This news release includes certain statements that may be deemed "forward-looking statements". All such statements, other than statements of historical facts that address exploration plans and plans for enhanced relationships are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Assumptions used by the Company to develop forward-looking statements include the following: Amarc's projects will obtain all required environmental and other permits and all land use and other licenses, studies and exploration of Amarc's projects will continue to be positive, and no geological or technical problems will occur. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, potential environmental issues or liabilities associated with exploration, development and mining activities, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and tenure and delays due to third party opposition, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, exploration and development of properties located within Aboriginal groups asserted territories may affect or be perceived to affect asserted aboriginal rights and title, which may cause permitting delays or opposition by Aboriginal groups, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Amarc Resources Ltd., investors should review Amarc's annual Form 20-F filing with the United States Securities and Exchange Commission at www.sec.gov and its home jurisdiction filings that are available at www.sedarplus.ca.
SOURCE: Amarc Resources Ltd.
View the original press release on ACCESS Newswire
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