El Capitan Precious Metals Makes Changes to Senior Management
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John Stapleton
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El Capitan Precious Metals, Inc. has reorganized its management team to be highly transaction focused in anticipation of current opportunities, negotiations, and agreements.
John F. Stapleton, the current chairman, will continue as chairman and assume the roles of chief executive officer and president to create a single point of focus to address the potential transactions with which the company is currently engaged. Stapleton is working in close support to David Davidson who leads mining and recovery operations for El Capitan. Arly Richau, general counsel, will drive the contracting activity. Steve Antol, as chief financial officer, continues to support the financial analysis, as well as public filings and reporting. Each of these team members understands the operating targets and the role each needs to play in order to close a transaction.
The company is relying heavily on an extremely talented board of directors. Clyde Smith, PhD, the geology expert on the property, will provide his expertise and knowledge of the property derived from his work on the original and the updated 43-101 reports. Tim Gay offers years of experience in the world of large equity transactions and corporate governance. The newest director, Danny Martinez, has worked with the company’s New Mexico-based counsel and has experience in dealing with leased and patented land.
Chuck Mottley, after many years of leading the operations of the company, will become president, emeritus. He will remain on the board and continue to contribute by promoting the company through his extensive contacts in the mining industry. “This run to the goal line is a team effort with each of us employing our specific skills and experience in support of each other, the company, and its shareholders,” said John Stapleton, chairman of El Capitan Precious Metals.
About El Capitan Precious Metals
El Capitan Precious Metals, Inc. is a mining company based in Scottsdale, Arizona that is principally engaged in the mining of precious metals and other minerals. The company’s primary asset is its wholly owned subsidiary El Capitan, Ltd., an Arizona corporation, which holds the 100 percent equity interest in the El Capitan property located near Capitan, New Mexico.
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