Eurotin Inc.

Eurotin Inc.

December 01, 2015 16:14 ET

Eurotin Appoints Mark Wellings as New CEO

TORONTO, ONTARIO--(Marketwired - Dec. 1, 2015) - Eurotin Inc. ("Eurotin" or the "Company") (TSX VENTURE:TIN) is pleased to announce that Mark Wellings has been appointed as the Company's new Chief Executive Officer. Mr. Wellings replaces David Danziger who had been Interim CEO since 2014.

Mr. Wellings (P.Eng., MBA, B.A.Sc. (Geological Engineering)) joined the Company's Board of Directors in January 2015 and is a mining professional with over 25 years international experience in both the mining industry and mining finance sector. From 1988-2004 Mr. Wellings worked in the industry with a variety of companies and roles including Derry, Michener, Booth & Wahl, Arimco N.L., Inco Ltd. and Watts Griffis McOuat, acquiring valuable hands-on experience in exploration, development and production. Following completion of his MBA in 1996, Mr. Wellings joined the investment dealer GMP Securities L.P. where he co-founded the firm's corporate finance mining practice. During his 18 years at GMP, Mr. Wellings was responsible for, and advised on, some of the Canadian mining industry's largest transactions, both in equity financing and M&A.

John Hick, Chairman of the Board commented: "The Company is delighted with Mark's appointment as CEO. With his vast experience and knowledge both as a mining professional and in mining finance, he is in an ideal position to lead the Company in its plan to bring the Oropesa tin project in Spain towards commercial production. The Board also wishes to thank David Danziger for serving as CEO during this recent transition period."

Neither 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.

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