Adamera Appoints Mark Brown as CFO
Vancouver, British Columbia, March 3, 2017 - Adamera Minerals Corp. (TSX-V: ADZ) announces Mark T. Brown, B.COMM., CPA, C.A. has been appointed CFO of Adamera. Mr. Brown and his team at Pacific Opportunities will assist the company with its financial requirements.
Mr. Brown has been providing financial services to resource companies for 27 years. Mr. Brown
received a Bachelor of Commerce Degree from the University of British Columbia in 1990 and is a member of the Institute of Chartered Accountants of British Columbia. Mr. Brown has a strong understanding of financial requirements of public companies and his corporate activities include transactions, financings and corporate financial planning. He managed the financial departments of two TSE 300 mining corporations: Eldorado Gold and Miramar Mining. Between 1990 and 1994, Mr. Brown worked with PricewaterhouseCoopers.
"I look forward to working with Mark Brown and I am certain his financial expertise will be important to the company as we enter an anticipated discovery stage. As we transition from target development to target testing on the Cooke Mountain Project in Washington State we will require financial needs well suited to Mark's capabilities" says Mark Kolebaba President and CEO.
Mr. Brown will be succeeding Pat Tanaka as she is retiring as CFO of the company. Ms. Tanaka served as CFO to Adamera and its predecessor Uranium North for 10 years. Prior to her appointment as CFO, Ms Tanaka was involved in accounting services for Adamera's other predecessor company Diamonds North. Through her years working with the companies, Ms. Tanaka provided a high standard of financial reporting, and was a significant contributor to the companies. Mark Kolebaba states "It was a pleasure working closely with Pat over the past decade. She has been a significant contributor and a dedicated officer of the company. I will miss working with her and I wish her all the best in her next chapter of life". Ms. Tanaka will remain available to the company for consulting services if required.
Adamera Minerals Corp. is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in Northeastern Washington State. The Company's strategy is to fast-track the discovery to production process by exploring close to an existing mill in need of ore. Adamera is the dominant exploration company in the area.
On behalf of the Board of Directors,
President & CEO
For additional information please contact:
Tel: (604) 689-2010
Fax: (604) 484-7143
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assujmptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.