Kombat Copper Appoints Paul Bozoki as President and CEO

Published: February 9, 2016 |

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Kombat Copper Inc. has appointed Paul Bozoki as president and CEO.

Paul Bozoki, C.A., former CFO of Kombat Copper, has been appointed president and CEO and has joined the board of directors. Bozoki is a chartered accountant and holds an MBA from the Richard Ivey School of Business. He has more than twenty years of experience working with development stage companies and has recently been involved with projects in Zimbabwe, Mozambique and the Democratic Republic of Congo. Bozoki brings a wealth of financial and negotiating experience to the company, which will greatly assist as the Kombat Mine moves forward to becoming a producer within the next year. A replacement CFO will be announced once an appointment is made.

Bill Nielsen has stepped down as president and CEO but will remain on the board and will maintain a relationship with Kombat as a technical consultant.

Les Kwasik, BSc. has been appointed as chief operating officer. He has a degree in Electrometallurgical Engineering and brings over 40 years of mine management, production and development experience on a world-wide basis, which will be instrumental in bringing Kombat Mine back into production efficiently and on a timely basis. He has worked at length on mining projects in Indonesia, Canada, U.S.A., Colombia and Saudi Arabia and has a reputation of efficiency and cost effectiveness. Kwasik will be based in Namibia for the initial stages of the production project.

Damian Lopez, J.D., has been appointed as corporate secretary and legal counsel after Christine Gallo, J.D. resigned her position.

“The changes we’ve made to Kombat’s Board and management team strengthens the company’s position as a near-term producer and brings forward an operationally and financially focused team as we move forward into production. We are entering a very exciting time at Kombat and the team is now in place to execute our vision. We look forward to updating the market further shortly. I would like to thank Bill Nielsen for his commitment as president and CEO and look forward to continue our work together on the Board of Directors. I would also like to thank Christine Gallo and wish her the best on her future endeavors,” said Justin Reid, chairman of Kombat Copper.

About Kombat Copper
Kombat Copper is a publicly traded Canadian exploration and development company with its core operations focused on copper resources in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place with significant upside. The company holds an 80 percent interest in five mining licenses in the Otavi Mountainlands, an area of Namibia particularly known for its high-grade copper deposits. Within these licenses are three past-producing mines including the company’s flagship property, the past-producing Kombat Mine. The Kombat Mine’s extensive infrastructure includes an 800 m production shaft which was opened in 2006, two additional recently-operational shafts, three ramp systems, extensive underground workings, mine buildings, a tailings facility, a mill and concentrator. The Kombat Mine opened in 1962 and historically produced 12.46 million tonnes of ore grading 2.62 percent copper over a period of 45 years. It is linked to vital existing infrastructure, including power, water, roads, and rail with close proximity to the port of Walvis Bay and to one of only five commercial-grade smelters in Africa located in Tsumeb, located 100 road kilometers away from Kombat.

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