09:44:35 EDT Sun 19 May 2024
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Orex Minerals appoints Cegielski as chair

2024-03-26 12:45 ET - News Release

Mr. Ben Whiting reports

OREX MINERALS APPOINTS ADAM CEGIELSKI AS CHAIR OF THE BOARD

Orex Minerals Inc. has received the resignation of David Gunning. His extensive background and senior level experience enabled the company to continue with its strategic plan and growth during his tenure. Management wishes to thank Mr. Gunning for his years of service.

The company is also pleased to announce the appointment of Adam Cegielski as independent chair of the company's board of directors and member of the company's audit committee, effective immediately. Mr. Cegielski has over 20 years of experience in the venture capital industry ranging from mineral exploration, technology, health care and education. He started his career developing an industrial mineral project in Uganda that he later sold to Rio Tinto. Mr. Cegielski was the founding director of Cayden Resources, which was sold to Agnico Eagle Mines for $205-million. He was the co-founder, chief executive officer and director of Gold Line Resources Corp., a mineral exploration company in Sweden which was recently acquired by First Nordic Metals Corp.

"Adam will be a valued addition to our board," stated Ben Whiting, president and chief executive officer of Orex. "His extensive knowledge and experience in the venture capital industry, coupled with his strong work ethic, will serve Orex well as we strive to achieve our goals."

About Orex Minerals Inc.

Orex Minerals is a mineral exploration company focused on precious and base metals exploration in Mexico and Canada.

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