Great Quest Appoints Albert C. Yuen to its Management Team and Board of Directors
October 27 2022 - 9:10AM
Great Quest Fertilizer Ltd (TSXV:GQ) (“Great Quest” or the
“Company”) announces that Mr. Albert C. Yuen has been appointed to
the management team as Head of Precious Metals Strategy, effective
immediately. Additionally, Mr. Yuen will be appointed to the Board
of Directors of the Company, replacing Mr. Gordon Peeling, who has
resigned after 11 years of service to the Board of Directors. Mr.
Peeling is stepping down to make more time for family and other
commitments, the Company thanks him for his immeasurable
contributions.
Albert C. Yuen, CFA is a Managing Director and
Founder of DesVoeux Guilford LLC, a family office, research
consultant, and advisor. Albert also serves as a Managing Partner
and Co-Founder of HRN, a multi-family office and advisory platform
with investments across real estate, venture tech, life sciences,
and alternative investment funds. He carries a registration with
TigerBridge Capital a New York-based broker-dealer.
Previously, Albert was a Managing Partner with
Kariba Capital, a boutique New York-based investment bank. Mr. Yuen
also has served as a Portfolio Manager and Investment Committee
Member at LR Global, a pioneering emerging and frontier market
asset manager with offices in New York City, Vietnam, and
Bangladesh. Mr. Yuen spent nearly a decade with Rockefeller &
Co. (now Rockefeller Capital Management), managing a
multi-billion-dollar global equity portfolio in New York City,
where he held various capacities including Portfolio Manager and
Senior Equity Analyst with the firm’s Investment Team leading
holdings in Financial Services and Healthcare. Mr. Yuen has also
held positions with Liberty Square Asset Management, a
ground-breaking Boston-based hedge fund with a focus on
international equities, and Salomon Smith Barney, among other
Financial Services and Corporate roles during his career.
Mr. Yuen possesses a broad range of experience
with companies and projects involved in the Mining and Resources,
Energy, Technology, Agriculture, Healthcare/Biotech, Financial
Services, and FinTech sectors. Albert has been a visible actor as
an advisor and investor in several high-profile transactions and
has also been quoted as an authority on capital markets and
international development. He is also extremely passionate about
emerging and developing markets, entrepreneurship, community
engagement and impact investing.
Mr. Yuen graduated cum laude with a degree in
Finance and Accounting from Northeastern University in Boston, MA
and is a recipient of the Public Leadership Credential from the
Harvard Kennedy School in Cambridge, MA. He is a holder of the CFA
designation.
Jed Richardson, President and CEO of Great Quest
Fertilizer commented, “Special thank you to Mr. Gordon Peeling,
whose counsel, hard work and relationships helped preserve the
Company. His contribution will be missed. We are pleased to welcome
Albert to the management team of Great Quest. His invaluable
experience with the business community in Mali, in broader Africa,
and emerging markets in general, along with a penchant for
establishing positive relationships come as a great benefit to the
Company as we prepare to develop the Sanoukou Gold Project and seek
strategic options to move ahead on for Tilemsi. We look forward to
his contributions.”
In connection with the recent announcements, the
Company has granted stock options in accordance with the Company’s
stock option plan. Mr. Yuen will receive 200,000 options. The
options have an exercise price of $0.05 and will expire five years
from the date of grant. The options will vest immediately. The
grant of options remains subject to the approval of the TSX Venture
Exchange.
About Great Quest
Great Quest Fertilizer Ltd. is a Canadian
mineral exploration company focused on the development of African
gold projects. The Company’s flagship asset is the Sanoukou Gold
Project, encompassing 24 km2 located in the Kayes region to the
West of Mali and developing the Tilemsi Phosphate Project a 1,206
km² parcel in northeastern Mali, containing high quality phosphate
resources amenable to use as direct application fertilizer. Great
Quest is listed on the TSX Venture Exchange under the symbol GQ,
and the Frankfurt Stock Exchange under the symbol GQM.
ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT
QUEST FERTILIZER LTD.
“Jed Richardson”
President, Chief Executive Officer and
Director
Disclaimer for Forward-Looking
Information
This news release may contain forward-looking
statements. These statements include statements regarding the
impact of changes to the Company’s management team and board of
directors, the Sanoukou Gold Project, the Tilemi phosphate project
and the Company’s future plans and objectives. These statements are
based on current expectations and assumptions that are subject to
risks and uncertainties. Actual results could differ materially
because of factors discussed in the management discussion and
analysis section of our interim and most recent annual financial
statements or other reports and filings with the TSX Venture
Exchange and applicable Canadian securities regulations. We do not
assume any obligation to update any forward-looking statements,
except as required by applicable laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
For more information:
Please contact Jed Richardson by email at info@greatquest.com
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