Metminco appoints new chairman
Staff writer ▼ | July 1, 2013
Sydney, Australia - July 1, 2013, Sydney, Australia - Metminco Limited, an exploration and mining company, announces that Antonio Ortuzar Vicuna has stepped down as chairman, and that a non-executive director Timothy Read accepted the position of chairman.Article continues below
Mr. Vicuna was appointed to the Board on 16 March 2011. Mr. Vicuna is a senior partner of Cruzat, Ortuzar & Mackenna Ltda, a member of Baker & McKenzie International, one of the leading law firms in Chile. He is also joint coordinator of the Latin America Energy, Mining, Chemicals and Infrastructure Group. Mr. Vicuna's experience includes international joint ventures, project financing, foreign investments, corporate and commercial arrangements, as well as major mining infrastructure projects, mining and telecommunications.
He has been involved in the placement of shares in the Chilean stock market, ADRs in the New York Stock Exchange and IPOs in Australia and Canada. Mr. Vicuna also handles the issuing of bonds, various mining infrastructure issues, and energy and water projects in Chile. He also serves as assistant professor of economic law at Finis Terrae University in Santiago, and is a member of the Chilean Bar Association.
Mr. Vicuna is a former vice president of the Australian-Chilean Chamber of Commerces. He is a director of Atacama Pacific Corporation, a TSX listed company and Baker & McKenzie LLP.
Timothy Read, currently a non-executive director of the Company, has accepted the position of Chairman, effective 30 June 2013.
Mr. Read was appointed to the Board on 01 April 2010. He has more than forty years’ experience in the mining and metals sector, first as a mining analyst, then as an investment banker and, most recently, as a corporate executive and director. Between 1995 and 1999, he was Managing Director and Global Co-Head of Mining and Metals Investment Banking for Merrill Lynch Inc. and, accordingly has extensive experience of all aspects of corporate finance, particularly M&A and equity capital markets. ■ LATEST MOVES FROM Australia
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