Candente Copper Appoints Paul H. Barry as Independent Director
Vancouver, British Columbia, January 20th, 2015. Candente Copper Corp. (TSX:DNT, BVL:DNT, US:CCOXF) (“Candente Copper” and/or the “Company” ) is pleased to report that Paul H. Barry has been appointed as an independent director of the Company. Mr. Barry’s appointment expands the board to nine directors, five of whom are independent directors.
“Paul brings tremendous experience in global operations, strategy and capital raising. We are excited to have Paul join Candente Copper’s board as we focus on long term financing for the development of the Cañariaco project,” comments Joanne Freeze, CEO of Candente Copper.
Mr. Barry has over thirty years of management experience and has served in senior executive roles for several of the world’s largest mining and energy companies including Kinross Gold, Duke Energy, Amoco/BP and General Electric. Currently, Mr. Barry is Chief Executive Officer of Public Infrastructure Partners LLC (PIP), an operating platform and principal investor in the energy and mining sectors with offices in New York, Houston, Toronto and Charlotte. PIP originates, advises and invests in both public and private companies and co-ventures with select private equity funds, hedge funds and merchant banks.
“Having worked with Paul over many years on numerous important strategic and financial transactions, I am certain he will provide considerable expertise and perspective to Candente Copper,” added Eric Fornell, Vice Chairman of Investment Banking, Wells Fargo Securities.
Mr. Barry is a member of the Board of Directors of Candente Gold Corp. (CDG.TO) in addition to several other private company boards. Mr. Barry also serves as Senior Advisor, Mining & Metals, to Atlas Advisors. Previously, Mr. Barry served as a member of the Board of Directors for AG Industries, Inc., Trans-Elect, Inc., Potomac Electric, Delmarva Electric and Atlantic City Electric.
Mr. Barry graduated magna cum laude from Northeastern University and received an MBA from Harvard Business School where he also attended the Executive Program and is a member of the HBS Fund Investor Society.
“I am delighted to join the Board of Candente Copper Corp., particularly as it pursues long-term funding options for advancement of its 100% owned Cañariaco project,” said Mr. Barry.
About Candente Copper
Candente Copper is a mineral exploration company engaged in the acquisition, exploration and development of mineral properties. The company is currently focused on its 100% owned Cañariaco project, which includes the Feasibility stage Cañariaco Norte deposit as well as the Cañariaco Sur deposit and Quebrada Verde prospect, located within the western Cordillera of the Peruvian Andes in the Department of Lambayeque in Northern Peru.
On behalf of the Board of Candente Copper Corp.
“Joanne C. Freeze” P.Geo.