Bear Creek Mining Announces New Chief Financial Officer
TSX VENTURE: BCM
VANCOUVER, Feb. 12, 2018 /CNW/ - Bear Creek Mining Corporation ("Bear Creek" or the "Company") (TSX Venture: BCM) announces that Mr. Paul Tweddle has been appointed Chief Financial Officer of the Company, effective March 1, 2018. Mr. Tweddle will be engaged on a full-time basis at the Company's offices in Lima, Peru.
Mr. Tweddle brings extensive knowledge and experience from various sectors of the mining and metals industry. He meaningfully contributed to the growth of Rio Alto Mining as its VP of Finance and Commercial from the La Arena mine construction stage through 2015, where he also played a key role in the Shahuindo mine acquisition and financing. Prior to working in the mining sector, Paul was the Global Macro Strategist at Dunheath Capital, a macro hedge fund specializing in commodities with a metals focus. He has also worked as a physical base and precious metals trader, a risk manager at a copper semi manufacturer, and a trader of futures and options on both precious and base metals. Most recently he served as CFO for Oben Holding Group, a leading global flexible packaging manufacturer with operations in six countries, US $350M in annual sales, and 1800 employees. Mr. Tweddle holds an MBA from the Yale School of Management and a Bachelor's Degree in Business Administration from the University of Washington, with a major in Accounting and Finance.
Tony Hawkshaw, President and CEO of Bear Creek states, "On behalf of the Board of Directors, I am pleased to welcome Paul Tweddle to the Company. Paul is an accomplished and experienced financial expert and will be an integral member of our senior management team as Corani progresses. We sincerely thank Mr. Steven Krause for the dedication and professionalism he brought to the role of CFO since 2012, and we look forward to Steven's ongoing support as an advisor to management and the board."
On behalf of the Board of Directors,
President and CEO
Caution Regarding Forward Looking Information
This news release contains forward-looking statement regarding the effective date, location and nature of employment of the Company's incoming CFO. These forward-looking statements are based on the terms of an employment agreement signed between the Company and Mr. Tweddle, and are provided as of the date of this news release, or the effective date of the documents referred to in this news release, as applicable, and reflect predictions, expectations or beliefs regarding future events based on the Company's beliefs at the time the statements were made, as well as various assumptions made by and information currently available to them. Although management considers these assumptions to be reasonable based on information available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions on which they are based do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the expectations expressed in them. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur, but specifically include, without limitation, risks relating to the date, location and basis of employment as contractually obligated by Mr. Tweddle's employment agreement; and the additional risks described in the Company's latest Annual Information Form, and other disclosure documents filed by the Company on SEDAR. The foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on behalf of the Company, except as required by law.
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.