American Rare Earths Provides Update on US Management
28 Settembre 2023 - 3:03PM
American Rare Earths (ASX: ARR | ADRs - OTCQX:
AMRRY | Common Shares - OTCQB: ARRNF| FSE:1BHA) (“ARR” or the
“Company”) today announced changes to its US management team with
the transition of Mel Sanderson and the appointment of two new
business leaders. Ms. Sanderson will transition out of her
executive role as President of North America effective October 1,
2023, and will continue to be a non-executive director of the
American Rare Earths Board. She will chair the company’s Government
and Public Relations and ESG committee and will be spokesperson for
the company on these matters. In addition, the Company appointed
Joe Evers as General Counsel and Jennifer Almquist as Head of
Investor Relations, effective immediately.
Ms. Sanderson, who has served on the board of
directors since December 2021, became President of North America in
January 2023. During her tenure as President of North America, she
was instrumental in establishing the new leadership team and
leading the North American Business as the Company transitioned its
headquarters to the United States. With the new US team now
established, Sanderson will resume her role as a non-executive
director and continue to support the team in a consulting capacity
on Government and Public Relations and ESG matters.
“On behalf of the entire board, I would like to
thank Mel for her leadership during this period and look forward to
her ongoing contribution in her new capacity,” said Creagh
O’Connor, Chairman of the board of directors of ARR.
Joe Evers joins ARR as General Counsel, having
served in various legal, regulatory, policy and external relations
positions throughout the energy and mining industry over the last
decade. Prior to joining ARR, Evers held positions of increasing
responsibility in the land and policy departments at a publicly
traded oil and gas company and served as corporate counsel at an
international mining company. Prior to his in-house experience, Joe
practiced law in Denver, CO, serving clients engaged in natural
resource development in the Rocky Mountain region. Originally
hailing from Sheridan, Wyoming, Evers holds a bachelor’s degree in
finance from the University of Wyoming as well as a JD/MA in
Environment & Natural Resources. He is also the Chair of the
Advisory Board at the Haub School of Environment & Natural
Resources, Vice President of the Alumni Association, and a member
of the Advisory Board at the College of Law of the University of
Wyoming.
Jennifer Almquist joins ARR as Head of Investor Relations, with
more than 20 years of financial communications and public
disclosure experience including investor relations, external
financial reporting, strategic communications, corporate finance,
and accounting. Prior to joining ARR, Almquist spent 13 years
as an independent consultant, assisting companies with senior-level
projects and ongoing advisement related to investor, management,
and board communications; SEC compliance; strategy development and
planning; and finance and accounting. Previously, she served as
Director of Investor Relations and SEC Reporting for Crocs, and in
a variety of investor relations and SEC Reporting roles for other
US-listed companies. Almquist holds a BS in Business Administration
from the University of Colorado, is a Certified Public Accountant
in the State of Colorado and an Investor Relations Charter
holder.
“I am pleased to welcome Joe and Jennifer to the American Rare
Earths team,” said Donald Swartz, Chief Executive Officer of ARR.
“Their experience and expertise will be invaluable to us as we
build up our US presence and continue to execute on our strategic
plan.”
This market announcement has been authorized for
release to the market by the CEO of American Rare Earths.
Creagh O’Connor AM
Chairman
About American Rare Earths:
American Rare Earths (ASX: ARR | ADRs - OTCQX:
AMRRY | Common Shares - OTCQB: ARRNF| FSE:1BHA) is committed to
becoming a top supplier of critical minerals. The company is a
leading explorer of rare earth projects, with a strong focus on
developing sustainable and cost-effective extraction and processing
methods. To meet the rapidly increasing demand for resources
essential to the clean energy transition and US national security,
American Rare Earths is engaged in advanced study and continued
exploration of its 100% owned rare earth element projects rich in
the magnet elements of neodymium and praseodymium at Halleck Creek
in Albany County, Wyoming and La Paz, Arizona. Both projects have
the potential to be among North America’s largest rare earth
deposits. The Halleck Creek deposit was recently identified by
Mining.com as fifth in the world’s top rare earth projects. A
recently released maiden JORC Resource report for Halleck Creek
shows 1.43 billion tonnes of in-place TREO, 4.73 million tonnes
TREO containing approximately 1.05 million tonnes of the highly
desirable magnet metals neodymium and praseodymium. The Halleck
Creek deposit is located approximately 70km north-east of Laramie
encompassing portions of Albany and Platte Counties in Wyoming. The
Company continues to evaluate other exploration opportunities and
is collaborating with US Government-supported R&D to develop
efficient processing and separation techniques of rare earth
elements to help ensure a renewable future.
Head Office
American Rare Earths Ltd
1658 Cole Blvd, Suite G30
Lakewood, CO, 80401
info@americanrareearths.com.au
americanrareearths.com.au
For media inquiries, please contact:
Susan Assadi, sassadi@AmericanREE.com
347 977 7125
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