Corcel Exploration Appoints Thy Truong as Director, Grants 200,000 Options
Corcel Exploration has appointed Thy Truong, a CPA with over ten years’ public accounting and mining finance experience, to replace Oliver Friesen on its Board of Directors effective immediately. The company also granted 200,000 incentive stock options exercisable at C$0.22 for five years under its stock option plan.
1. Board Appointment and Background
Corcel Exploration has appointed Thy Truong to its Board of Directors, replacing Oliver Friesen effective immediately. Truong is a Chartered Professional Accountant with over ten years of experience in public accounting and mining finance, currently serving as Director of FP&A, Tax and Internal Controls at Vizsla Silver Corp. and CFO of Tarachi Gold Corp.
2. Option Grant Details
The company granted 200,000 incentive stock options exercisable at C$0.22 for five years under its stock option plan, aligning management incentives with shareholder interests and supporting long-term value creation.
3. Expected Impact
Truong’s expertise in financial planning, governance and internal controls is expected to strengthen oversight as Corcel advances its 3,200-hectare Yuma King copper-gold project in Arizona, which includes the past-producing Yuma Mine and spans 515 federal mining claims.