North Arrow Minerals Inc. (TSXV: NAR) has appointed Eira Thomas as the chair of the board of directors, effective 28 February 2024. Ms. Thomas succeeds D. Grenville Thomas, who will remain as a director after 17 years as the company’s chair.
Ken Armstrong, president, and CEO of North Arrow, stated, “We are very pleased to welcome Eira Thomas to North Arrow as chair of the board of directors. Eira has a long and successful track record in the resource sector, in particular with identifying and building out opportunities in the junior mining space.” Mr. Armstrong continued, “I’d like to extend my thanks and appreciation to Gren for his past guidance as chair and look forward to his continued involvement as a director of the company.”
Additionally, Ms. Thomas, said, “As a long-time advisor and supporter of North Arrow, I am delighted to join the company as chair and help guide management through their ongoing strategy of evaluating lithium occurrences identified on three properties in 2023, extracting value from the company’s portfolio of legacy diamond properties, and identifying new, compelling exploration and development opportunities in Canada.”
Ms. Thomas brings more than 30 years of experience in the mining industry, particularly in the diamond, gold, and energy spaces. She has held executive and board positions with a number of companies over that period, including Aber Diamond Corp., Stornoway Diamond Corp., Kaminak Gold Corp., and Lucara Diamond Corp., as well as 17 years as a director of Suncor Energy.
Further, pursuant to North Arrow’s stock option plan, the company has granted 500,000 incentive stock options to a director. Each incentive stock option is exercisable into one common share of the company, has an exercise price of 8 cents per share, and can be exercised until 28 February 2029.
To find out more, please visit www.northarrowminerals.com
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