Platinex Inc. (CSE:PTX) has announced the appointment of Sam Kiri to the company's board of directors, where he will chair the audit committee.
Kiri has over 20 years' capital markets and asset management experience in North America, Europe, and the Pacific Rim, with a primary focus on the mining and energy sectors.
He replaces Graham Warren on the board. Warren will continue in his role as chief financial officer, Platinex noted.
"I would like to welcome Sam to the board of directors, where his multi-disciplinary experience in the capital markets, gold equities and battery metals industries will assist in advancing the company's 100%-owned district-scale projects in Ontario, including the Shining Tree Gold project and the recently acquired W2 Cu-Ni-PGE project in the Ring of Fire," said Platinex CEO Greg Ferron in a statement.
Kiri was an equity analyst for the Scotia Pacific Rim Mutual Fund and is one of the founders of Proactive Investors, the global media network which provides information on capital market activities, with considerable focus on the mining sector. Proactive Investors is the publisher of this news website.
In addition, Kiri is involved in cross-border capital markets with ASX, and London AIM companies onto the Toronto Stock Exchange. He was involved in macro policy research with focus on the impact of geopolitics on the energy and mining sectors.
Kiri’s past and present clients include Medley Global Advisors (US), Zimmerman Adams International (UK), CRU Group (UK) and Roskill/Wood Mackenzie (UK) global research institution specialized in Battery Metals and Industrial Minerals.
He has a BSc in Mechanical Engineering - (Petroleum Refining) and is a member of the Chartered Institute of Management Accountants (London).
Platinex also announced that it has granted 900,000 stock options to a director at a strike price of $0.05 for a period of three years with standard vesting terms.
Platinex creates shareholder value through the opportunistic acquisition and advancement of high-quality projects in prolific Ontario mining camps. Its current assets include a 100% ownership interest in the district-scale W2 Copper-Nickel-PGE Project and a 100% interest in the 225 square kilometre Shining Tree Gold Project in the Abitibi region of Ontario, a world-renowned gold district.
Platinex is also developing a net smelter return (NSR) royalty portfolio and currently holds royalties on gold, PGE, and base metal properties in Ontario.
Contact the author at jon.hopkins@proactiveinvestors.com