01:15:53 EDT Mon 06 May 2024
Enter Symbol
or Name
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Deep-South Resources Inc
Symbol DSM
Shares Issued 169,374,700
Close 2023-08-30 C$ 0.055
Market Cap C$ 9,315,609
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Deep-South appoints Starnes as independent director

2023-08-30 12:16 ET - News Release

Mr. Pierre Leveille reports

DEEP-SOUTH APPOINTS EXPERIENCED MINING LAWYER MATTHEW STARNES AS INDEPENDENT DIRECTOR

Deep-South Resources Inc. has appointed Matthew Starnes as an independent director.

Mr. Starnes is a lawyer with over 25 years of experience. Mr. Starnes is currently a Peerpoint consultant lawyer with Allen & Overy in Tokyo specializing in mining law. He acts as senior external counsel to Base Resources' Toliara Sands project in Madagascar. Prior to this, he was legal counsel in Sumitomo Corp.'s mineral resources division in Tokyo, Japan. Among other things, he was responsible for legal aspects of Sumitomo's investment in the multibillion-dollar Sierra Gorda copper project in Chile and was also part of the team for the multibillion-dollar Ambatovy nickel and cobalt project in Madagascar. Prior to joining Sumitomo, Mr. Starnes was the general counsel and deputy president of the Ambatovy project during its construction phase, where, among other things, he was responsible for closing a $2.1-billion financing. Mr. Starnes has also practised as a corporate lawyer with major law firms in Montreal. He is a director of Critical Elements Corp., which is developing a lithium project in Quebec. He holds a BA in English and history from McGill University in and a joint LLB/BCL from McGill University in Montreal.

Pierre Leveille, president and chief executive officer of Deep-South, stated: "We are very proud to have Mr. Starnes joining our board of Directors. His appointment is a very strong move into the development of the company. His vast experience in the mining industry and his qualifications add considerable strength to Deep-South."

The appointment of Mr. Starnes is conditional to the approval of the TSX Venture Exchange.

About Deep-South Resources Inc.

Deep-South Resources is a mineral exploration and development company. Deep-South's growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. The company holds an interest in the Haib copper project in Namibia and in three exploration projects in the heart of the Copperbelt in Zambia. In using and assessing environmentally friendly technologies in the development of its copper projects, Deep-South embraces the green revolution.

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