23:15:38 EDT Thu 18 Apr 2024
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Group Ten Metals Inc (2)
Symbol PGE
Shares Issued 118,552,833
Close 2020-04-03 C$ 0.15
Market Cap C$ 17,782,925
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Group Ten appoints Moriarty CFO

2020-04-03 15:25 ET - News Release

Mr. Michael Rowley reports

GROUP TEN METALS APPOINTS CFO AND PROVIDES UPDATE REGARDING COVID-19 RESPONSE

Group Ten Metals Inc. has appointed Rebecca Moriarty of Malaspina Consultants Inc. as chief financial officer, effective immediately. Ms. Moriarty is a chartered professional accountant and has over 20 years of experience in the mining industry. As a senior member of the Malaspina team, she is focused primarily on the resource sector, drawing on her unique combination of technical- and business-accounting expertise with a degree in geology from Queens University and a chartered-professional-accountant designation. Prior to joining Malaspina, Ms. Moriarty worked with PricewaterhouseCoopers LLP where she was a manager working exclusively with resource companies.

Malaspina is a leading, Vancouver-based financial-consulting firm providing accounting and outsourced-finance solutions for high-growth companies, particularly in the resource sector. In addition to providing the company with CFO services, Malaspina will also provide accounting and corporate advisory services as required. Ms. Moriarty replaces Tim Thiessen, who has stepped down from his role as CFO for the Metallic Group companies, in order to concentrate on other opportunities.

Michael Rowley, Group Ten president and chief executive officer, stated: "We are pleased to be working with Rebecca and the Malaspina team for our key accounting and financial services moving forward. We would like to express our thanks to Mr. Tim Thiessen for his service and contributions to the development of Group Ten and the Metallic Group."

COVID-19 update

Based on guidelines from the World Health Organization, national governments and local communities, Group Ten has implemented precautionary measures to reduce the risks associated with the spread of COVID-19. These measures include reducing travel and in-person meetings for all personnel. The company is closely monitoring recommendations and guidance related to COVID-19 for all communities in which it operates. Technical work, including the analysis and modelling of drill-defined mineralized zones, surface sampling and geophysics, is continuing at Group Ten's flagship Stillwater West project, and will form the basis for additional news releases in the near term.

About Group Ten Metals Inc.

Group Ten is a mineral-exploration company focused on the development of high-quality platinum, palladium, nickel, copper, cobalt and gold exploration assets in top North American mining jurisdictions.

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