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Dorex Minerals Inc (3)
Symbol C : DOX
Shares Issued 12,217,689
Close 2017-07-18 C$ 0.20
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Dorex Minerals appoints Mustard, South as directors

2017-07-18 12:17 ET - News Release

Mr. Kenneth de Graaf reports

DOREX ANNOUNCES APPOINTMENT OF TWO NEW DIRECTORS

Dorex Minerals Inc. has appointed Jim Mustard, PEng, and Jeremy South, CA (Aus), to its board of directors.

Jim Mustard, PEng

Mr. Mustard brings to the company's board an extensive range of capital market and industry experience that includes development and operations. The core strengths he brings to Dorex are his in-depth technical knowledge of mine site economics in the context of capital market considerations to target new opportunities.

Mr. Mustard has worked in the mining finance sector for over 15 years as both a vice-president and a senior mining analyst with Haywood Securities and as vice-president of investment banking and mining with PI Financial Inc. He is currently a director and vice-president, exploration, of Explorex Resources Inc.; a director and chief executive officer of Four Nines Gold Inc. (private); and a director and chair of the audit committee of Kilo Goldmines Inc. Mr. Mustard has also served as president of Canada Zinc Metals Inc. Prior work ranged from early-stage to advanced-stage exploration and management positions at operating mines, including experience in Latin America with Barrick Gold and Eldorado Gold.

Mr. Mustard has a bachelor of applied science in geological engineering from Queens University, Kingston. He is a registered professional engineer with the Association of Professional Engineers and Geoscientists of British Columbia.

Jeremy South, CA (Aus)

Mr. South brings to the Dorex board an exceptional depth of experience and knowledge in mining mergers and acquisitions, capital markets, and strategy.

Mr. South has been active in capital markets for over 30 years, including a number of senior investment banking roles in Europe, Asia and North America. He is currently managing partner of a private investment group based in Canada. Previously, he was senior managing director, merger and acquisition advisory, at Deloitte, where he also held the role of global mining merger and acquisition leader for over nine years.

Mr. South was based in Beijing for four years, where he helped build Deloitte's energy and resources practice across Asia Pacific. In addition to advising Western mining companies, he has advised leading Asian trading houses and leading financial investors on outbound mining investment.

"Jim Mustard and Jeremy South bring a wealth of knowledge and experience from their respective careers," remarked Elena Tanzola, interim president and chief executive officer of Dorex. She further added, "We are very pleased to welcome them and believe that they will add considerable value and strength to our board and our effort in pursuing business opportunities."

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