04:36:10 EDT Fri 26 Apr 2024
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or Name
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Amarc Resources Ltd
Symbol AHR
Shares Issued 180,602,894
Close 2021-10-01 C$ 0.11
Market Cap C$ 19,866,318
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Amarc Resources appoints Webb as CFO

2021-10-04 09:45 ET - News Release

Dr. Diane Nicolson reports

AMARC APPOINTS CHIEF FINANCIAL OFFICER

Amarc Resources Ltd. has appointed Jeannine Webb as chief financial officer. Ms. Webb, an experienced CFO in the resources industry, replaces Sebastian Tang who has resigned from his role with the company to focus on other aspects of his expanded accounting business.

A chartered public accountant with more than 25 years of experience in the resources industry, Ms. Webb's background includes positions in which she has been responsible for financial and corporate management of both Canadian and United States listed public corporations, with a strong focus on the exploration and mining companies. This includes extensive experience as a CFO, providing financial management to a number of junior resource companies. She is also an experienced corporate director, having served on the boards of various companies.

Dr. Diane Nicolson, president and chief executive officer of Amarc, said: "On behalf of the members of the board, I am delighted to welcome Jeannine to our team. We look forward to her participation and how we can benefit from her extensive background in financial management as we advance Amarc.

"I would also like to acknowledge and thank Sebastian for his considerable contributions to the company as CFO over the past two years and wish him all the best in his future endeavours," said Dr. Nicolson.

About Amarc Resources Ltd.

Amarc is a mineral exploration and development company with an experienced and successful management team focused on developing a new generation of long-life, high-value porphyry copper-gold mines in British Columbia. By combining high-demand projects with dynamic management, Amarc has created a solid platform to create value from its exploration and development-stage assets.

Amarc is advancing the 100-per-cent-owned Ike, Duke and Joy porphyry copper-plus-or-minus-gold districts located in different prolific porphyry districts in Southern B.C., central B.C. and Northern B.C., respectively. Each of the three districts is located in proximity to industrial infrastructure -- including power, highways and rail. Importantly, each district represents significant potential for the development of multiple and important-scale, porphyry copper-plus-or-minus-gold deposits.

Amarc is associated with HDI, a diversified, global mining company with a 30-year history of porphyry discovery and development success. Previous and current HDI projects include some of B.C.'s and the world's most important porphyry deposits -- such as Pebble, Mount Milligan, Southern Star, Kemess South, Kemess North, Gibraltar, Prosperity, Xietongmen, Newtongmen, Florence, Casino, Sisson, Maggie, Ike and Pine. From its head office in Vancouver, Canada, HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral projects.

Amarc works closely with local governments, indigenous groups and other stakeholders in order to advance its mineral projects responsibly, and in a manner that contributes to sustainable community and economic development. It pursues early and meaningful engagement to ensure its mineral exploration and development activities are well co-ordinated and broadly supported, address local priorities and concerns, and optimize opportunities for collaboration. In particular, the company seeks to establish mutually beneficial partnerships with indigenous groups within whose traditional territories its projects are located, through the provision of jobs, training programs, contract opportunities, capacity financing agreements and sponsorship of community events. All Amarc work programs are carefully planned to achieve high levels of environmental and social performance.

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