The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

Strateco Appoints a New Director

Monday, July 22, 2013

Strateco Appoints a New Director

09:01 EDT Monday, July 22, 2013

BOUCHERVILLE, QUEBEC--(Marketwired - July 22, 2013) - Strateco Resources Inc. ("Strateco") (TSX:RSC)(FRANKFURT:RF9) is pleased to announce that, on July 9, 2013, its Board of Directors appointed Charles Riopel, as a director of the Company, to fill one vacant seat on its Board of Directors.

Pursuant to the January 27, 2010, private placement with the Sentient Group ("Sentient"), Strateco management undertook to support the appointment of a Sentient nominee. Mr. Riopel replaces Paul-Henri Couture as Sentient nominee. Mr. Couture will remain as an independent director on the Board of Directors.

Guy Hébert, President and Chief Executive Officer of Strateco, stated that: "With his experience and competency in investments and projects management in the mining sector, Charles Riopel should bring an important contribution in the debates and decisions of the Board of Directors".

Charles Riopel joined Sentient in 2012 from the Société générale de financement du Québec (now IQ) where he was, for six years, an investment director, responsible for the metals and mining group. He has more than 20 years of investment banking and project management experience within the mining sector. During this time, he held various executive roles in corporate strategy, mergers and acquisitions, corporate finance transactions and also played a major role in bringing exploration projects to production. He was responsible for originating, structuring, and executing equity and debt capital markets transactions. He is a member of the Joint Committee of Metallurgy in Québec and a member of the Canadian Institute of Mining, Metallurgy and Petroleum.

Mr. Riopel earned his MBA from Laval University and his bachelor's degree in economics from the University of Montreal.

The Sentient Group is an independent private equity investment firm specialising in the global resources industry. The group is based in the Cayman Islands with subsidiary offices and affiliates in Sydney (Australia), Montreal (Canada) and Munich (Germany). The Sentient Group currently has US$2.7 billion in assets under management for funds and is a leader in the mining industry.

This news release contains "forward-looking statements" subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct. Actual results and future events could differ significantly from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of British Colombia, Alberta, Ontario and Quebec.


Contact Information:
Strateco Resources Inc.
Guy Hebert
President & Chief Executive Officer
450.641.0775 or 1.866.774.7722
450.641.1601 (FAX)

Strateco Resources Inc.
Jean-Pierre Lachance
Executive & Exploration Vice President
450.641.0775 or 1.866.774.7722
450.641.1601 (FAX)

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
Other Sections