– CANADA, Toronto – Juno Corp., a privately held battery and electric metal explorer today announced the appointment of Terry MacGibbon to its Board of Directors as Executive Chairman.
“I am very pleased and excited to work with Terry once again. Terry adds great management and corporate strength to Juno and will greatly increase Juno’s exposure in the market. He will also be a great addition to the excellent geological team we have assembled at Juno. Our exploration team consists of many former Inco and FNX Mining geologists and geophysicists with extensive success and experience working in the mafic and ultramafic rocks that host battery and EV metals. Our team has a proven track record and has discovered in aggregate 17 significant mineral deposits.” said Rob Cudney, founder, and CEO.
He added, “Based, in part, by the government’s commitment to fund $1 billion for road and infrastructure construction to the Ring of Fire, and, in part, by the forecasted massive battery and EV metal shortages, over the past three years we quietly assembled a huge Ring of Fire land package. It is our understanding that Juno now has the largest mineral land package in all of Ontario.” He said, “With the forecasted metal shortages becoming a reality, interest in the Ring of Fire was re-kindled in 2021 as demonstrated by the pending acquisition of Noront Resources by Wyloo Metals, a major Australian mining company.”
About Terry MacGibbon
Terry MacGibbon is a registered professional geologist and a Certified Director with over 50 years of experience in the mining business. As a founder, CEO, and chairman of various mining companies, Mr. MacGibbon has played a key role in transforming six junior exploration companies into producing mining companies with market capitalizations of more than $1 billion each. He has also played a significant role in raising over $5 billion in public markets and doing more than $8 billion of M&A transactions. Mr. MacGibbon was inducted into the Canadian Mining Hall of Fame in 2018 and 2019, Laurentian University honored Mr. MacGibbon with an honorary doctorate. In addition to being a member of Juno’s executive team, he will be primarily engaged in investor relations, senior financing, and corporate development activities.
Terry MacGibbon, Executive Chairman of the Company, said, “I am very excited to be working with my former partner and colleague, Rob Cudney, in the highly prospective battery and EV metal-rich Ring of Fire.” He added, “Rob and I have partnered and been successful in many previous mining endeavors, most notably at FNX Mining and Gold Eagle Mines, and will work hard to do the same in the Ring of Fire.”
About Juno Corp.
Juno Corp. is a private Ontario corporation with 50,699,195 common shares issued and outstanding and, at the CAD$0.80 share price of the company’s last financing, a calculated market capitalization of approximately CAD$40 million. At the end of 2021, Juno had approximately CAD$9 million in its treasury.
Over the past three years, Juno accumulated vast mineral land holdings in the Ring of Fire by acquisitions from junior mining companies and staking crown land. It is the largest mineral claim holder in the Ring of Fire with approximately 16,500 mineral claims covering 3,200 square kilometers, or approximately 62% of the mineral claims in the region.
Juno has established what it believes to be respectful and inclusive working relationships with nearby First Nations communities and has signed Memorandum of Understanding Agreements with Webequie First Nation and Kasabonika Lake First Nation.
For more information: https://www.junocorp.com/
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