|By Marketwired .||
|December 2, 2013 07:00 AM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 12/02/13 -- AQM Copper Inc. (TSX VENTURE: AQM)(BVL: AQM) ("AQM" or the "Company") reports that Alan Ahlgren has resigned as CFO of the Company effective November 30, 2013. The Company thanks him for his contribution to the Company and wishes him well in his future business endeavors.
Erick J. Underwood has been appointed as the CFO of the Company effective December 1, 2013. Mr. Underwood holds a Bachelor of Commerce degree from McGill University, a Graduate Diploma in Management from McGill University and a Master of Business Administration from Rotman School of Management. He has successfully completed all the requirements for the CPA-CMA designation and is expected to become a Certified Management Accountant in Ontario, Canada in 2014. Mr. Underwood has 20 years of experience in corporate development, business planning and analysis, treasury and accounting for the mining industry including 14 years while being based in Chile and Peru working for Cia. Minera Antamina and BHP Billiton. He is fluent in English and Spanish.
AQM has also decided to relocate its Canadian office from Vancouver B.C. to Toronto, Ont., immediately to the following address:
205 Dunn Avenue Toronto, Ontario, Canada M6K 2S1 Telephone: 647-406-8209
On Behalf of the Board
Bruce L. Turner, President and Chief Executive Officer
About AQM Copper
AQM Copper Inc. is a Canadian based mineral exploration company exploring and developing copper deposits in South America. Through its Peruvian subsidiary, Minera AQM Copper Peru S.A.C. ("MAQM"), the Company is developing the Zafranal Copper-Gold Porphyry Project located in Southern Peru (the "Zafranal Project"). MAQM is the operator of a 50/50 joint venture with Teck Resources Limited through a sole purpose Peruvian company, Compania Minera Zafranal. MAQM is owned 60% by AQM, and 40% by Mitsubishi Materials Corporation, pursuant to a transaction outlined in the Company's news release of July 2, 2013. As such, the Company has a 30% beneficial ownership interest in the Zafranal Project.
The Company's management and directors have extensive experience working for the world's largest mining copper producers and investment banking backgrounds. Please refer to the Company's website at www.aqmcopper.com for further information regarding the Company and the Zafranal Project.
Neither the 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.
Pinnacle Capital Markets LTD.
Spyros P. Karellas