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Nevada Zinc (TSXV:NZN) welcomes new President and CEO

Mining
TSXV:NZN
08 December 2020 08:31 (EDT)

Nevada Zinc (NZN) has appointed Max Vichniakov to its Board of Directors and to the roles of President and CEO.

Max has been providing advisory services to the company since 2018. He will be taking over from Bruce Durham, who will transition to an advisory role with Nevada Zinc.

Max has over 19 years of experience in financial services, investment research, and corporate strategic advice. He is the founder and Managing Principal at an agriculture and natural resources corporate strategic and financial advisory firm called Northern Shoreline.

Before launching Northern Shoreline, Max’s career was dominated by capital markets. He worked as a sell-side equity research analyst, covering agriculture, mining and minerals, transportation, and business income trusts.

With Max now at the helm, Nevada Zinc expects to continue developing its 100 per cent owned Lone Mountain zinc project in east central Nevada. The company’s Chief Financial Officer and Director, Don Christie, commented on Max’s appointment to his new leadership role.

“The Board is extremely pleased to have Max transition to the role of CEO, having provided advisory services to the company since 2018,” he said.

“As Nevada Zinc expands its strategic focus to the US agricultural and chemicals sectors, we are confident that under Max’s leadership, combined with his industry expertise, experience, and perspective, the company will now be well positioned to develop its Lone Mountain zinc project,” he added.

As part of the appointment, Nevada Zinc has granted incentive stock options to Max. With these options, he may purchase two million common shares under the company’s stock option plan, at ten cents per share.

The stock options have a five-year term, and as such will expire on December 8, 2025.

Nevada Zinc remains unchanged at six cents per share at 10:14am EST.

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