Rupert Resources Appoints Martin Kostuik as President and CEO
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Martin Kostuik has resigned as president and CEO of Rupert Resources Ltd. and Brian Hinchcliffe, a current director of the corporation, has been appointed as president and chief executive officer of Rupert, effective immediately. Kostuik will remain as a director of the corporation.
“There are the exciting exploration and production opportunities of scale at the Pahtavaara gold mine and land position in Finland, which one likes to see when starting this new direction for Rupert, and we are pleased to have Martin’s continued contribution as a director. Rupert’s shareholders have benefited from Mr. Kostuik’s efforts, including the 21 year lease renewal on the Gold Centre property located in the strategic and high grade Red Lake gold mining camp in Ontario, that Mr. Kostuik engineered. Lastly we are pleased to incentivize the new management team as we commence the work required to determine if the company will exercise its six month option on the Pahtavaara gold mine, as announced in our March 17, 2016 press release,” said Brian Hinchcliffe, Rupert’s new president and CEO.
Brian Hinchcliffe has extensive experience in the mining sector, most recently co-founding Kirkland Lake Gold Inc. and Rambler Metals & Mining PLC, both of which acquired mines that were closed and with successful exploration campaigns, developed producing operations.
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