February 12, 2024, Vancouver, British Columbia – Happy Creek Minerals Ltd. (TSX-V: HPY) (“Happy Creek” or the “Company”) is pleased to provide a corporate update including changes to management.
The Company announces that Mr. Jason Bahnsen has joined the Company as a consultant and strategic advisor. In addition, Michael Cathro, President and CEO, has taken on the role of Corporate Secretary until a permanent replacement can be appointed.
Happy Creek also announces that Mr. Kent Pearson, Director, and Ms. Kathy Love, Corporate Secretary, have left the Company to pursue other opportunities. The Company thanks them for their dedicated and professional service to the Company and wishes them well in their future endeavors.
Mr. Bahnsen has over 35 years of experience in mine operations, company restructuring, company leadership, and providing strategic and corporate finance advice to listed and private resource companies globally. During his career Jason has worked with resource companies in multiple countries including Canada, Australia, Indonesia, China and the UK. Mr. Bahnsen holds a B.Sc in Mining Engineering from Queen’s University, Canada and an MBA from University of New England, Australia. Mr Bahnsen has joined Happy Creek Minerals as an advisor and will assist the company to optimize its business and asset strategy.
Michael Cathro, Happy Creek CEO commented: “We are very excited to add Jason to our team. He brings deep industry connections and a wealth of corporate finance and technical skills that will be invaluable as we drive the Company forward through exploration, development and partnerships.”
Cathro continued “our Company continues to advance our package of very large, 100% owned critical mineral projects in infrastructure-rich mining districts in southern British Columbia. The Company is primarily focused on its high-grade Fox tungsten deposits, copper discoveries at the Highland Valley project, and copper, molybdenum and gold-silver targets on the Silverboss project. To weather the current challenging markets, the Company has reduced its overhead expenses to a minimum, while adding value to the projects through inexpensive surface surveys, targeting studies, permitting and community relations work. Happy Creek is looking at all options to raise funds to advance the projects at a faster rate, including project-level farm-ins, joint ventures and alliances.”
The Company has granted 4.5 million options at $0.055 to management and consultants, effective immediately, in accordance with the Company’s 2022, rolling 10% option plan. The options vest immediately and expire in five years.
Indigenous Communities
Happy Creek is committed to responsible mineral resource development.The Company’s priority is to build and sustain mutually beneficial relationships with Indigenous Communities in the territories in which the Company explores.
About Happy Creek Minerals Ltd.
Happy Creek is focused on making new discoveries and building resources in proximity to infrastructure on the Company’s 100-percent-owned portfolio of diversified metals projects in British Columbia. The Company’s Management, Board of Directors and Technical Advisors have solid expertise and depth in the mineral resource sector and capital markets.
Additional information relating to Happy Creek Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedar.com or on the Company’s website at www.happycreekminerals.com.
On behalf of the Board of Directors,
“Michael Cathro”
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael Cathro
Telephone: 604-590-1525
Email: info@happycreekminerals.com
