Mitchall Mines and Minerals Limited Appoints Joseph Jenkins as Head of Advisory Committee
Mr. Jenkins retired in 2023 as Senior Vice President & Treasurer of one of Canada's largest mining companies after spending over 14 years with the firm. As their Officer and the Treasurer, he was responsible for all treasury related activities including cash management, capital and structure management. Mr. Jenkins reported on such activities to the CFO, CEO and their Audit Committees of the Board of Directors and gained extensive experience in corporate finance, governance, investor relations, bank and credit rating agency relations, M&A, tax and venture investment.
Mr. Jenkins previously held the position of Director Treasury at start-up firm from 2015 to 2009 at which time the firm was acquired by one of North America's largest trust funds. Mr. Jenkins also previously held the position of Finance & Investor Relations at forest products firm Yew Tree Enterprises Inc. from 2001 to 2014.
Mr. Jenkins holds a Master of Business Administration (MBA) from the Richard Ivey School of Business at The University of Western Ontario and a Bachelor of Applied Science (BASc.), Civil Engineering, from the University of Waterloo.
Mr. David Hayes, Company Secretary of Mitchall Mines and Minerals Limited, commented as follows: "Mr. Jenkins' appointment as Head of our newly formed Advisory Committee signals a new stage in Mitchall Mines' development. His resume is exceptional and I could not imagine a more qualified candidate. He will bring his years of experience in financial matters to the company and help it transition to a more senior role in the mining industry."
Concurrent with Mr. Jenkins' appointment, the Company's Board of Directors has adopted a new stock option plan, called the 2025-A stock option plan, to replace its old stock option plan. The new plan is a fixed less than or equal to 10-per-cent plan. It is identical to the old plan except that the total number of shares which may be issued according to the plan has increased due to the increase in the company's shares outstanding. The Board has authorized and approved the granting of stock options for an aggregate of 100,000 common shares to directors, officers and consultants under its stock option plan.
