Pecoy Copper appoints Javier del Rio to board of directors
Pecoy Copper Corp. (TSXV: PCU) announced the appointment of Javier del Rio to its board of directors, effective immediately. Del Rio currently serves as Senior Vice President of the US Business Unit at Hudbay Minerals Inc.
Del Rio brings mining sector experience spanning operations, project development, executive leadership and corporate strategy. As a Peruvian national, he adds local knowledge relevant to Pecoy Copper's activities in Peru, according to the company's statement.
"Javier brings valuable mining industry insight, operational perspective, and strategic judgment that will further support Pecoy Copper as we continue to evaluate and advance our opportunities," said Vincent Metcalfe, President and CEO of Pecoy Copper.
In connection with the appointment, the board granted del Rio stock options for 40,000 common shares at an exercise price of $1.66 per share, based on the May 8, 2026 closing price on the TSX Venture Exchange. The options vest equally over three years and expire after five years.
Del Rio's appointment requires approval from the exchange. The company stated his appointment reflects its focus on maintaining a board with relevant industry, technical, strategic and regional expertise.
Pecoy Copper is advancing the 9,975-hectare Pecoy Copper-Gold-Molybdenum-Silver Project in Peru's Arequipa region. The project hosts an inferred copper resource of 865 million tonnes at 0.34% copper grade.
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