Group Eleven Resources Appoints Franz Bollmann to the Board of Directors
Vancouver, British Columbia – Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) (“Group Eleven” or the “Company”), a mineral exploration company focused on advancing its flagship projects in the United States and Peru, is pleased to announce that Franz Bollmann has been appointed as a new member of the Company’s Board of Directors, effective March 31, 2025.
Mr. Bollmann has been nominated by Glencore Canada Corporation, which owns approximately 16.1% of the Company’s outstanding common shares. He will replace Gatlin Smeijers, who has decided to step down from the Board to pursue another opportunity.
Background of Franz Bollmann
Franz Bollmann brings extensive experience in the mining industry to the Group Eleven team. He has held various senior leadership roles in mining and exploration companies, including Teck Resources Ltd., Goldcorp Inc., and Lundin Mining Corporation. Throughout his career, Mr. Bollmann has played a key role in the successful development and operation of several large-scale mining projects.
Impact on Group Eleven
The appointment of Franz Bollmann to the Board of Directors is expected to bring significant value to Group Eleven. His extensive experience in the mining industry and proven track record in project development and operation will be instrumental in driving the Company’s growth strategy and advancing its projects towards production.
Impact on the Mining Industry and the World
The mining industry, particularly in the areas where Group Eleven operates, is expected to benefit from the appointment of Franz Bollmann to the Board of Directors. His extensive knowledge and experience will contribute to the responsible and sustainable development of mining projects and the creation of jobs in local communities.
Moreover, the mining industry plays a crucial role in the global economy, providing essential raw materials for various industries, including technology, construction, and energy. The appointment of Mr. Bollmann to the Board of Directors is a positive step towards ensuring the continued growth and success of the mining sector and its contribution to the world economy.
Conclusion
Group Eleven Resources is strengthening its Board of Directors with the appointment of Franz Bollmann, a highly experienced mining industry professional. His extensive knowledge and experience will be invaluable in driving the Company’s growth strategy and advancing its projects towards production. This appointment is expected to bring significant benefits to the mining industry and the world, contributing to the responsible and sustainable development of mining projects and the creation of jobs in local communities.
- Group Eleven Resources appoints Franz Bollmann to the Board of Directors
- Bollmann brings extensive mining industry experience
- Impact on Group Eleven: Value, growth, and production strategy
- Impact on the Mining Industry and the World: Responsible development, jobs, and economic contribution
