SCOTTSDALE, Ariz.–(BUSINESS WIRE)–John F. Stapleton, Chairman of the Board of El Capitan Precious Metals, Inc., (OTCQB: ECPN) announced today the appointment of Daniel Martinez to its Board of Directors. As part of the Company’s long-term goal of expanding its Board, Mr. Martinez brings unique abilities to the Company’s development efforts.
Mr. Martinez is a native of Arizona and has spent considerable time in New Mexico. He has worked extensively with ECPN’s attorneys on various regulatory matters related to the El Capitan mine and has a long-standing relationship with the Company’s Governmental Affairs attorney.
A successful businessman and entrepreneur, Mr. Martinez brings a wealth of leadership and team-building skills to the management of the Company. These strengths, coupled with his experience in dealing with the state and federal regulatory agencies and issues, make him invaluable in furthering the vision for the future of the Company.
Most importantly, according to Mr. Stapleton, Mr. Martinez is one of a very few people who is knowledgeable in the process of converting leased federal lands to private patented lands. This ability and experience could be a major asset to the future plans of the Company and its value.
Mr. Martinez is excited to be a member of the Board of ECPN and has already contributed his expertise in pursuing ECPN’s recent and significant development activities.
Mr. Martinez joins John Stapleton, Chuck Mottley, Tim Gay, and Dr. Clyde Smith on the El Capitan Board of Directors and will be introduced at the El Capitan Annual Shareholder Meeting on September 28, 2016, in Ruidoso, New Mexico.
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. www.elcapitanpmi.com
Forward-Looking Safe Harbor Statement:
The statements included in this press release concerning predictions of economic performance and management’s plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements are statements that are not historical facts. Words such as “expect(s),” “feel(s),” “believe(s),” “will,” “may,” “anticipate(s)” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements regarding the expected completion, timing and results of metallurgical testing, interpretation of drill results, the geology, grade and continuity of mineral deposits, results of initial feasibility, pre-feasibility and feasibility studies and expectations with respect to the engaging in strategic transactions. All of such statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Specifically, there can be no assurance regarding the timing and terms of any transaction involving the Company or its El Capitan property, or that such a transaction will be completed at all. In addition, there can be no assurance that periodic updates to the Company’s geological technical reports will support the Company’s prior claims regarding the metallurgical value and make-up of the ore on the New Mexico property. Additional risks and uncertainties affecting the Company include, but are not limited to, the possibility that future exploration, development, testing or mining results will not be consistent with past results and/or the Company’s expectations; discrepancies between different types of testing methods, some or all of which may not be industry standard; the ability to mine precious and other minerals on a cost effective basis; the Company’s ability to successfully complete contracts for the sale of its products; fluctuations in world market prices for the Company’s products; the Company’s ability to obtain and maintain regulatory approvals; the Company’s ability to obtain financing for continued operations and/or the commencement of mining activities on satisfactory terms; the Company’s ability to enter into and meet all the conditions to consummate contracts to sell its mining properties that it chooses to list for sale; and other risks and uncertainties described in the Company’s filings from time to time with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.