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Forge Resources Corp
Symbol FRG
Shares Issued 82,700,244
Close 2024-11-27 C$ 0.54
Market Cap C$ 44,658,132
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Forge Resources adds Cordovez Amador as VP, finance

2024-11-28 16:14 ET - News Release

Mr. Cole McClay reports

FORGE RESOURCES ANNOUNCES APPOINTMENT OF VICE PRESIDENT OF FINANCE AND SPECIAL ADVISOR

Forge Resources Corp. has appointed Camilo Cordovez Amador as vice-president of finance, and Patrick Bonner as special adviser to the company.

Appointment of VP of finance

The company has appointed Mr. Cordovez Amador as vice-president of finance for the company.

Mr. Cordovez Amador brings a wealth of experience in both the financial and mining sectors. Mr. Cordovez Amador brings over 16 years of experience in investment banking, asset management, capital markets and project development across sectors such as mining, infrastructure, real estate and energy. Beyond financial advisory, he excels at executing complex projects, collaborating with multidisciplinary teams and driving strategic decisions to deliver impactful results. As co-founder and executive at multiple firms, he has advised on projects exceeding $100-million with international investment groups, worked for funds managing assets of over $700-million in previous roles and played a key role in securing a $78-million public listing on the ISDX London Stock Exchange.

For the past two years, he has served as vice-president of finance for Aion Mining Corp. and is now scaling up in his role as vice-president of finance for Forge Resources Corp.

Mr. Cordovez Amador has a bachelor of business and finance (Cum Laude) from the European University Business School of Barcelona, with specializations in international corporate finance from Columbia Business School and private equity funds from EAFIT University. He has been certified as an adviser in private equity funds, mutual funds, equities and fixed income instruments by Colombia's regulatory entity, AMV.

Appointment of adviser

The company has also appointed Mr. Bonner as a special adviser to the company.

Mr. Bonner is a seasoned investor with a strong history of success in the junior mining sector, equity markets and real estate. With over 25 years of leadership experience across direct marketing, health care and energy sectors, he offers exceptional management and strategic decision making skills, along with an extensive investment network. Mr. Bonner has spearheaded numerous successful real estate transactions, demonstrating his ability to identify and maximize value investments. His 8-per-cent stake in the company demonstrates his deep commitment and enthusiasm for the company. He holds a bachelor of science from Dalhousie University and an MBA from Saint Mary's University.

About Forge Resources Corp.

Forge Resources is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located 50 kilometres southeast of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada. The company holds a 40-per-cent interest, with an LOI (letter of intent) in place to acquire up to 60-per-cent interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. The project contains eight known seams of metallurgical and thermal coal.

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