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Blue Thunder Announces Management Changes Bolstering Exploration Expertise

Apr 14, 2020

Toronto, Ontario--(Newsfile Corp. - April 1, 2020) - Blue Thunder Mining Inc. (TSXV: BLUE) ("Blue Thunder" or "the Company") is pleased to announce several key management and Board of Director changes to strengthen the company's expertise to accelerate growth in gold mineral assets in 2020 and beyond.

Robert Cinits has been appointed as President, Chief Executive Officer ("CEO") and Director of the Company, effective April 1, 2020. Chad Williams, formerly CEO and Chairman of the Company, has been appointed Executive Chairman and will remain a Director of Blue Thunder. Drew Anwyll has voluntarily stepped down as President to pursue other opportunities.

Mr. Cinits, who has served as a Technical Advisor to the Company since November 2019, brings a wealth of technical experience to the role with over three decades of mining and exploration experience. Robert is a professional economic geologist and business development executive, who has spent the past 12 years in senior management roles. He has been involved in the exploration, development and M&A reviews of precious and base metal projects in approximately 20 countries and has a strong background in project management and evaluation, exploration program design and evaluation and execution of M&A opportunities. 

Mr. Cinits was previously with Entrée Resources in several roles, most recently as Vice President of Corporate Development and with Mason Resources as COO, prior to their takeover by HudBay Minerals. Prior to this, Mr. Cinits was the COO for Mincore Inc., a private exploration company advancing a base metal project in Mexico. In addition, he also headed the mining and geology team in Lima, Peru for AMEC Americas, a large UK-based consulting company and started and ran a South American (Chile) office for A.C.A. Howe International Consultants. Mr. Cinits holds a B.Sc. in geology from the University of Toronto and is a Professional Geologist ("P.Geo") registered with the Association of Professional Engineers and Geoscientists of British Columbia. 

The Company is also pleased to announce the appointment of Orin Baranowsky as Chief Financial Officer ("CFO") and Corporate Secretary, effective April 1, 2020. Mr. Baranowsky replaces Ryan Webster, who has voluntarily stepped down to pursue other opportunities effective March 31, 2020. 

Mr. Baranowsky is a mining executive with more than 20 years of finance and capital markets experience. Most recently, he was the Chief Financial Officer for Stornoway Diamond Corporation, where he led the finance, accounting, corporate development, investor relations and IT functions for the company. He previously served as Vice President, Investor Relations and Corporate Development and Director, Investor Relations for Stornoway; as Vice President of Investor Relations for CB Gold Inc.; and spent more than 10 years as an Equities Analyst for BMO Capital Markets. Mr. Baranowsky is a CFA Charterholder and holds an Honours Bachelor of Business Administration degree from Wilfrid Laurier University. 

Blue Thunder CEO and Chairman Chad Williams commented, "Having Robert and Orin come on board as the new CEO and CFO respectively, is part of an exciting transition for Blue Thunder, as we formalize plans to grow the Company and accelerate exploration at our Muus gold project near Chibougamau, Québec. Robert's strong technical background and experience in corporate development combined with Orin's strong background in finance and capital markets will be a tremendous asset for us during the next stages of the Company's growth. On behalf of the Board, I am extremely pleased to welcome both Rob and Orin to our executive team." 

Arv Gupta has submitted his resignation as a member of the Board of Directors, effective immediately. 

Mr. Williams goes on to comment, "On behalf of the entire Blue Thunder team, I would like to thank Ryan, Drew and Arv for their incredibly valuable contributions to Blue Thunder as the Company made the transition from a private company to its current status as a publicly traded company on the TSXV. I personally want to sincerely thank each of them for their hard work, dedication and professionalism over the period that they were involved with the Company and we wish them all the best with their future endeavours."

Tags: Quebec / Exploration / Gold / All Articles