23:40:26 EDT Thu 25 Apr 2024
Enter Symbol
or Name
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Solaris Resources Inc
Symbol SLS
Shares Issued 122,660,841
Close 2023-02-23 C$ 5.94
Market Cap C$ 728,605,396
Recent Sedar Documents

Solaris appoints Puri as independent director

2023-02-24 10:16 ET - News Release

Mr. Daniel Earle reports

SOLARIS ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS, INCLUDING THE APPOINTMENT OF MS. POONAM PURI

Solaris Resources Inc. has appointed Poonam Puri as an independent director of the company, replacing Greg Smith, who has stepped down to focus on external roles, effective immediately.

Ms. Puri is an experienced corporate director and an internationally recognized scholar of corporate law, corporate governance and capital markets regulation. Ms. Puri is a tenured professor of law at Osgoode Hall Law School in Toronto, Ont., and a corporate lawyer and affiliated scholar at Davies, Ward, Phillips & Vineberg LLP. Ms. Puri holds a bachelor of laws from the University of Toronto, a master of laws from Harvard University and has earned the Institute of Corporate Directors, institute-certified director designation (ICD.D). Ms. Puri has extensive experience as an expert in governance and as a director of organizations in the engineering, transportation, infrastructure, mining and health care sectors, including as a past director of CAPREIT, Arizona Mining, Cole Engineering and the Greater Toronto Airports Authority, and she previously served as the commission and director of the Ontario Securities Commission. Ms. Puri presently serves on the board of directors or trustees of the Canada Infrastructure Bank, Colliers and Augusta Gold. Ms. Puri has been recognized as one of the top 25 most influential lawyers in Canada by Canadian Lawyer Magazine. In 2021, Ms. Puri was awarded the Royal Society of Canada's Yvan Allaire Medal for exemplary contributions to the governance of public and private institutions in Canada, in addition to the Law Society Medal and the David Walter Mundell Medal. Most recently, in 2022, Ms. Puri was awarded the Peter Dey Governance Achievement Award.

Mr. Smith commented: "I want to acknowledge the Solaris team for the rapid progress since the spinout from Equinox Gold in advancing the Warintza project from discovery stage to what is now one of the pre-eminent near-term greenfield copper development opportunities. The value created helped fund Equinox's gold growth profile and I'm grateful to depart knowing Solaris is left in strong hands with the remaining board members. Ross Beaty and I remain fully invested in our personal equity positions and look forward to strong returns as Solaris delivers on its strategy to maximize shareholder value. Equinox intends to hold its remaining warrant position to maximize its value."

Daniel Earle, president and chief executive officer, commented: "Greg was the founding chief executive officer and has served on the board of directors since inception, and we thank him for his meaningful contributions to our success with the Warintza project. In addition, we are very pleased to welcome Poonam to our board, bringing extensive experience in corporate governance, strategy and ESG [environmental, social and governance]."

We seek Safe Harbor.

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