Announces Management Additions
Steven Woolfenden has over 20 years' of experience in environmental sciences and 10 years' experience navigating complex environmental approvals and permitting for mining projects, both in Canada and abroad. He is a biologist with experience working in government for 10 years (Fisheries and Oceans Canada and the Canadian Environmental Assessment Agency) prior to entering the private sector. In his previous role with IAMGOLD Corporation for the past seven years, he was responsible for oversight of environmental matters and worked to build effective relationships with regulatory authorities, aboriginal peoples, stakeholders and local communities.
Steve Woolfenden has secured many favorable outcomes for stakeholders over the years, and prides himself on building strong sustainable frameworks based on mutual respect, science based assessments, and technology driven monitoring. We welcome Steve to this new management position at McEwen.
Steve Woolfenden commented, "I am excited to be joining McEwen Mining because I believe my experience in leading permitting efforts will allow me to make a positive contribution to the organic growth of the Company. The desire of the McEwen team to look for innovative solutions to problems also attracted me, as I am always on the lookout for opportunities to improve our environmental aptitude and speed up the regulatory process."
Steve Woolfenden holds a B.Sc. degree in Biological Sciences from the University of Guelph.
Stefan Spears has worked with McEwen and its predecessor companies since 2005. In 2008, he was appointed Vice President of Projects with leadership over our US based portfolio of assets, particularly the early development of the Gold Bar Mine from exploration, to resource growth, to pre-feasibility and permitting. From 2012 to 2015 Stefan started and later sold a successful manufacturing enterprise outside the mining sector. In 2015, Stefan rejoined McEwen to work collaboratively across many departments and initiatives, including addressing market related challenges, technical problem solving, the acquisition of Black Fox, and corporate finance needs.
During his 15-year carrier in mining, Stefan has been involved in numerous mergers, acquisitions and financings. His primary responsibility in his new position will be to implement the chosen corporate growth strategy, streamline our existing portfolio of projects, and support corporate communications and investor relations.
"McEwen Mining has every element needed to succeed, notably; great projects, experienced and hard-working management, and supportive stakeholders. I'm privileged to be able to work in such an environment, and excited by what challenges the next phase of growth will entail," said Stefan Spears.
Stefan Spears holds a B.Sc. in Civil Engineering from Queen's University in Kingston.
About McEwen Mining Inc
McEwen Mining (NYSE:MUX) (TSE:MUX) has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has approximately 345 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns roughly 23% of the shares.
McEwen Mining Inc