– USA, AZ – El Capitan Precious Metals, Inc. (OTCQB: ECPN) reports the appointment of Timothy J. Gay, CPA, CVA, to its Board of Directors. The announcement comes on the heels of last week’s announcement that geologist Clyde L. Smith has joined the ECPN Board.
According to Board Chairman John F. Stapleton, the two new appointments to the ECPN Board reflect the Company’s commitment to expanding and strengthening its Board of Directors. Mr. Gay’s appointment is effective immediately.
With over 35 years of public accounting and management consulting experience, Tim has been involved in management advisory with public companies for SEC-related services and specializes in mergers and acquisitions, bankruptcy reorganizations, expert testimony, and business valuations. He founded, organized, and continues to facilitate the M&A Roundtable and has extensive experience in providing guidance and services for financial institutions related to mergers, acquisitions, and financing alternatives. In addition, Tim has served on the boards and loan committees of financial institutions.
As founder of Tim Gay & Associates, Tim organized the investment banking firms Cornelius & Gay and Cornelius, Gay & Korte (CG&K). He resigned his positions with CG&K in 2005 when he formed the Sierra Consulting Group, LLC. He has been appointed as an Examiner by the U.S. Department of Justice and as a Chapter 7 and Chapter 11 Trustee by the U.S. Bankruptcy Court and currently serves as a Principal of Semple, Marchal & Cooper, LLC, where he performs concurring partner reviews on SEC engagements.
Tim said that he is pleased to bring his experience and expertise to the ECPN Board and believes he can contribute in evaluating opportunities as the Board continues to execute the Company’s strategic plan.
Mr. Gay joins Stapleton and ECPN President and CEO Chuck Mottley—along with new Board appointee Dr. Clyde Smith—on the El Capitan Board of Directors and will be introduced at the El Capitan Annual Shareholder Meeting on March 22, 2016 in Scottsdale, Arizona.
About El Capitan Precious Metals, Inc.:
El Capitan Precious Metals, Inc. is a mining company based in Scottsdale, Arizona, that is principally engaged in the mining of precious metals and other minerals. The Company’s primary asset is its wholly owned subsidiary El Capitan, Ltd., an Arizona corporation, which holds the 100% equity interest in the El Capitan property located near Capitan, New Mexico.
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