Los Andes Copper Ltd. Announces Board Change
Rhea-AI Summary
Los Andes Copper announced a board change with Non-Executive Director Warren Gilman stepping down due to other business commitments. Gilman will become a Senior Advisor to the Board, remaining supportive. Chairman Eduardo Covarrubias expressed gratitude for Gilman's support and highlighted the company's advantageous position with an advanced copper deposit amid increasing demand and projected supply deficit.
Positive
Los Andes Copper benefits from owning an advanced stage copper deposit.
Copper demand is increasing, and a supply deficit is forecasted, positioning the company favorably.
Warren Gilman's transition to a Senior Advisor role signifies ongoing support and continuity within the board.
Negative
- None.
News Market Reaction – LSANF
On the day this news was published, LSANF declined 2.36%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2024) - Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company"), announces that Non-Executive Director, Warren Gilman, is stepping down from the Board due to other business commitments. Warren will become a Senior Advisor to the Board and remains actively supportive of the Company.
Eduardo Covarrubias, Chairman of Los Andes, commented: "We would like to thank Warren for his invaluable support and time on the Board over the past three years. We are delighted that he has agreed to remain as a key Senior Advisor to the Board allowing us to continue to benefit from his extensive experience and backing."
Warren Gilman, Non-Executive Director, commented: "Los Andes Copper is in the enviable position of owning an advanced stage copper deposit at a time when copper demand is increasing, and a supply deficit is forecast. I am very pleased to continue to support the Company both personally, as a Senior Advisor to the Board, and through Queens Road Capital as it continues to progress the Vizcachitas Project."
About Los Andes Copper Ltd.
Los Andes Copper Ltd. is a development company with an
The Project is a copper-molybdenum porphyry deposit, located 150 kilometres north of Santiago, in an area of very good infrastructure. An independent technical report for the PFS, prepared in accordance with NI 43-101, is available on the Company's SEDAR profile.
Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.
For more information please contact:
Santiago Montt, CEO
Santiago.montt@losandescopper.com
Tel: +56 2 2954 0450
Elizabeth Johnson, Investor Relations
Elizabeth.Johnson@losandescopper.com
E-Mail: info@losandescopper.com or visit our website at www.losandescopper.com
Follow us on X: @LosAndesCopper
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/207251