eCobalt Announces Retirement of Paul Farquharson and Appoints New Chief Executive Officer
VANCOUVER, Sept. 27, 2018 /CNW/ - eCobalt Solutions Inc. (“eCobalt” or “the Company”) (TSX: ECS) (OTCQX: ECSIF) (FRA: ECO) announces that Mr. Paul Farquharson will retire as President, Chief Executive Officer (“CEO”) and Director of the Board on October 1, 2018, and will be succeeded by Mr. Michael Callahan as President, CEO and Director of the Board.
Mr. Callahan is a strong and experienced executive with extensive operational and public-company management experience having held senior management roles at numerous development and production stage mining companies. The addition of Mr. Callahan will further enhance eCobalt’s execution of its strategic plan through his strong leadership, industry expertise, and proven operational background. Mr. Callahan has established and led numerous sizeable operations in North America and internationally. In addition, Mr. Callahan has been responsible for the evaluation and execution of several growth-oriented transactions throughout his career. Mr. Callahan’s immediate focus will be on delivering the Optimized Feasibility Study (“OFS”) and securing project financing to commence mine development of the Idaho Cobalt Project.
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