IRIS is looking to build up its capabilities with the appointment of a technical geological and capital advisory consultants.
Jason Ward has been appointed as the company’s technical geological consultant to help unlock value from its portfolio of exploration assets while Jagen Business Services will provide assistance in relation to project finance, deal structure, future capital raisings and access to capital.
The appointments come after IRIS Metals (ASX:IR1) picked up more ground around its Kookynie gold project – including the historical Standard Mine – and acquired the South Dakota lithium project.
Ward is an exploration geologist with over 25 years’ experience working around the world, most recently in Ecuador where he was instrumental in the discovery of several copper gold deposits, including the Tier-1 Cascabel copper gold porphyry deposit for SolGold.
He also has a track record of successfully working with local communities and safely managing exploration teams; working with people from diverse cultures in challenging social and physical terrains.
Strong investment history
Jagen is the family office of Bori Liberman and has an extensive history investing across the asset spectrum with particular experience in property, private equity and venture capital
“I am delighted that IRIS has been able to attract a serially successful geologist such as Jason Ward to the team,” non-executive chairman Simon Lill said.
“For a company that commenced its life less than 12 months ago to have attracted two senior geologists, with significant overseas experience between them is a positive harbinger to the success of our projects in South Dakota.
“Mr. Liberman invested in IRIS at both the seed and IPO stages and is well known to IRIS management. The appointment of Jagen as an Advisor to IRIS deepens this relationship; providing the company with financial advice and access to new funding sources at this time of significant development for the company.”
This article was developed in collaboration with IRIS Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.