Solaris appoints new CEO as it prepares to exit Canada
TSX- and NYSE-listed Solaris Resources has announced it will complete its exit from Canada by the end of 2024, with its headquarters relocating to Zug, Switzerland, effective January 1, 2025.
The decision to redomicile comes after a Canadian government security review triggered by China’s Zijin Mining’s C$130-million investment plans in Solaris’ flagship Warintza copper project in Ecuador earlier this year.
To coincide with the relocation, Solaris also revealed the appointment of Matthew Rowlinson as president and CEO, effective January 1. Rowlinson, who brings extensive industry experience, most recently served as the head of copper business development at Glencore, one of the world’s largest copper miners.
In addition to Rowlinson's appointment, Solaris announced that three new members will join the board of directors, effective January 1, 2025. Rowlinson will be joined by Rodrigo Borja and Hans Wick, both of whom bring significant experience in mining and project development. At the same time, four current Canadian directors—Daniel Earle, Poonam Puri, Kevin Thomson and Ron Walsh—will step down from the board.
The leadership transition also sees Rowlinson supported by Solaris’ Warintza project team, which includes COO Javier Toro. Toro, who has built a highly skilled technical team in Lima, Peru, will continue to oversee the day-to-day development of the project. The team has recently been strengthened with key hires, including a project director, senior resource geologist, geotechnical manager, senior metallurgical engineer, and mine planning engineers.
Further strengthening the Warintza team, Ecuadorian executives Jorge Fierro,VP of exploration, and Ricardo Obando, who has been promoted to VP of community and government affairs, will continue their roles. Both Fierro and Obando have been with Solaris since the company’s inception and are integral to the company’s success in Ecuador.
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