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Bessor Announces Board and Management Changes, Canadian Business Journal

Vancouver, British Columbia, July 28, 2022 (GLOBE NEWSWIRE) — Bessor Minerals Inc. (NEX:BST.H) (“Besser” or “Ltd.“) Announces that Mr. Vic Jang has been appointed to the board of directors of the corporation (“”board“). Mr. Chan’s appointment as a director is subject to the approval of the NEX Board of Directors of the TSX Venture Exchange. Kosha also announced that Kieran Downes has resigned as President and Chief Executive Officer of Bessor and Jason Riley has been appointed as the new President and Chief Executive Officer of Kosha. Mr. Downs has resigned as CEO and President of Corporation, but Mr. Downs will continue to serve Besser as a board member of Corporation.

Vic Jang was President and Chief Executive Officer of Sutton West Coast Realty Ltd., one of Canada’s largest independent real estate companies. Since 1993, Mr. Chan has led the company through a series of merger acquisitions (M & A), with more than 1,300 realtors and 21 offices in Canada in 2021 with annual sales of more than $ 13 billion. Chan has also been an active angel investor in Canada for the past 20 years, with experience in a wide range of industries, from real estate to media, mining and technology start-ups. Mr. Chan’s 30 years of financial, strategic operations, and M & A experience strengthens the operations team as Bessor’s team moves forward and continues to evaluate strategic options.

Jason Riley, director and new CEO of Corporation, said: Also, on behalf of Bessor’s Board of Directors, Kieran Downes appreciates his outstanding service and commitment to Kosha as President and Chief Executive Officer since the founding of Bessor. We are very grateful for the leadership, insights and expertise that Kieran has provided during his term as Chief Executive Officer and look forward to his continued contribution and guidance in his ongoing role as Director of the Corporation. I am. “

Riley brings considerable experience in his new role as Besser’s CEO. Riley has been President and Chief Executive Officer of ExGen Resources Inc. (TSXV: EXG) since May 5, 2014, and has been a board member of ExGen since September 2013. Prior to that, Konnex Resources Inc., a private mining company. I am the president of. From January 2011 to August 2013 when Konnex was acquired by ExGen. ExGen is a project accelerator aimed at funding project exploration and development through joint ventures and partnership agreements. Since Riley relocated ExGen as a project accelerator, ExGen has seen nearly $ 40 million in partner spending on the project. Riley is also a board member of Gama Explorations Inc. (CSE: GAMA) and Phoenix Copper Ltd. (AIM: PXC). Riley is also the founder, CEO, and shareholder of EVOS Media Inc., a Vancouver-based private media development and production company.

BESSOR MINERAL SINC.

Jason Riley
President, Chief Executive Officer and Director

For more information, please contact:
Investor Public Relations
Email: [email protected]
Website: www.bessorminerals.com

Neither the TSX Venture Exchange nor its Regulatory Service Providers (the term is defined in the TSX Venture Exchange Policy) are responsible for the validity or accuracy of this news release.


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Bessor Announces Board and Management Changes, Canadian Business Journal

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