VANCOUVER, Feb. 5, 2018 /CNW/ - Entrée Resources Ltd. (TSX:ETG; NYSE American:EGI – the "Company" or "Entrée") announces the appointment of Mr. Mark Bailey to the role of Non-Executive Chairman of the Board effective February 5, 2018. Mr. Bailey succeeds The Rt. Honourable Lord Howard of Lympne, who is retiring from his position as a director and Board Chair. Lord Howard will remain involved with the Company as an advisor.
Mr. Bailey is a mining executive and registered professional geologist with over 40 years of industry experience. Between 1995 and 2012, he was the President and Chief Executive Officer of Minefinders Corporation Ltd., a precious metals mining company that operated the multi-million ounce Dolores gold and silver mine in Mexico prior to being acquired by Pan American Silver Corp. Before joining Minefinders, Mr. Bailey held a number of senior positions in the mining industry. He is an experienced public company director having served on several public company boards. Mr. Bailey joined the Entrée Board in 2002.
Stephen Scott, Entrée's President & CEO commented, "We would like to thank Lord Howard for his commitment and contribution towards the success of Entrée in his role as Non-Executive Deputy Chairman from 2007-2013 and Non-Executive Chairman of the Board since 2013. Going forward, the Company expects to continue to benefit from Lord Howard's experience and relationships, particularly in Mongolia, which represent an invaluable resource for Entrée."
Entrée is also pleased to announce that Dr. Michael Price has joined the Entrée Board as an independent director. Dr. Price has over 35 years of experience in mining and mining finance. He is currently a Non-Executive Director of Eldorado Gold Corp. and Asanko Gold Inc., and is the London Representative of Resource Capital Funds. During his career, Dr. Price has served as Managing Director, Joint Global Head of Mining and Metals, Barclays Capital, Managing Director, Global Head of Mining and Metals, Societe Generale and Head of Resource Banking and Metals Trading, NM Rothschild and Sons. Dr. Price has B.Sc. and Ph.D. qualifications in Mining Engineering from University College Cardiff.