Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) announced with deep sadness the passing of Dwight Walker, who served as Chief Financial Officer for the past nine years. Walker was a respected leader and integral member of the Aston Bay team, contributing significantly to the company’s success with his extensive financial expertise and strategic vision. With over 30 years of experience, including a decade in the mining sector, he held CFO roles at multiple public companies throughout his distinguished career. CEO Thomas Ullrich expressed condolences, emphasizing Walker’s invaluable contributions. The Board of Directors has appointed Donna McLean as interim CFO. McLean, currently Director of Accounting Services at Grove Corporate Service, brings 20 years of experience as CFO for public mining and exploration companies.
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About Aston Bay Holdings Ltd.
Aston Bay is a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Virginia, USA, and Nunavut, Canada. The company is currently exploring the Storm Project property and Cu-Ag-Zn-Co Epworth property in Nunavut, as well as the high-grade Buckingham Gold Vein and critical metals prospects in central Virginia. The company is also in advanced stages of negotiation on other lands with high-grade copper potential in North America. The company and its joint venture partners, American West Metals Limited and its wholly-owned subsidiary, Tornado Metals Ltd. (collectively, “American West”), formed a 20/80 unincorporated joint venture in respect of the Storm Project property, which hosts the Storm Copper Project and the Seal Zinc Deposit. Under the unincorporated joint venture, Aston Bay shall have a free carried interest until American West has made a decision to mine upon completion of a bankable feasibility study, meaning American West will be solely responsible for funding the joint venture until such decision is made. After such decision is made, Aston Bay will be diluted in the event it does not elect to contribute its proportionate share and its interest in the Storm Project property will be converted into a 2% net smelter returns royalty if its interest is diluted to below 10%. Further details are available on the company’s website at https://astonbayholdings.com.
NOTE TO INVESTORS: The latest news and updates relating to ATBHF are available in the company’s newsroom at https://ibn.fm/ATBHF
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