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Group Eleven Resources Bolsters Leadership Team: Jasmine Lau Appointed as Chief Financial Officer

Group Eleven Resources Inc. (TSXV: ZNG), a leading exploration and development company focused on copper and gold projects, announced a significant addition to its executive team today. The company proudly welcomes Jasmine Lau as its new Chief Financial Officer (CFO), effective September 11, 2023. This appointment marks a crucial step in Group Eleven's strategic growth trajectory, strengthening its financial leadership and positioning the company for continued success in the dynamic mining sector.

Jasmine Lau: A Proven Leader in Finance and Mining

Ms. Lau brings an extensive and impressive background in finance, coupled with invaluable experience in the natural resources sector, making her ideally suited for this pivotal role. Her expertise encompasses various aspects of financial management, including corporate finance, accounting, financial reporting, and investor relations.

Prior to joining Group Eleven Resources, Ms. Lau held key financial positions at several prominent companies. Her career demonstrates a steady progression of responsibility and achievement within the industry. The company highlighted her proven ability to:

• Develop and implement effective financial strategies: Ms. Lau has a demonstrable track record of creating and executing successful financial plans that drive growth and profitability.
• Manage complex financial operations: Her experience managing large-scale financial operations will be instrumental in overseeing Group Eleven's financial activities.
• Build strong relationships with investors: Ms. Lau’s experience in investor relations will be invaluable in communicating the company's financial performance and strategic vision to the market.
• Navigate complex regulatory environments: Ms. Lau possesses a thorough understanding of the regulatory landscape within the mining industry, a crucial asset for a publicly traded company.

Key Skills and Experience: A Deep Dive into Ms. Lau's Background

Ms. Lau's proficiency extends beyond traditional financial management. Her experience working within the mining sector provides her with a deep understanding of the unique challenges and opportunities presented by exploration and development activities. This intimate knowledge of the industry is a critical factor in Group Eleven's decision to appoint her as CFO. The company emphasized her expertise in:

• Financial modeling and forecasting: Accurate financial projections are critical for making informed strategic decisions, and Ms. Lau's skills in this area will be vital for Group Eleven's future planning.
• Mergers and acquisitions (M&A): In a sector characterized by consolidation and strategic partnerships, Ms. Lau's experience in M&A activity will be a significant asset.
• Debt and equity financing: Securing capital is crucial for growth in the mining industry, and Ms. Lau's expertise in this area will assist Group Eleven in achieving its ambitious goals.
• Capital allocation: Effectively managing capital is paramount for maximizing shareholder value, and Ms. Lau's proficiency in capital allocation will ensure that Group Eleven's resources are utilized strategically.

Group Eleven Resources: Strategic Growth and Future Prospects

This appointment comes at a time of significant growth and expansion for Group Eleven Resources. The company is aggressively pursuing its exploration and development projects, focusing on copper and gold, two metals currently experiencing high demand driven by the global green energy transition and technological advancements. The company's exploration activities are concentrated in promising geological regions with significant potential for high-grade discoveries.

The addition of Ms. Lau to the executive team signals the company's commitment to building a strong foundation for long-term success. Her financial expertise will be instrumental in supporting the company's ambitious growth strategy and maximizing shareholder value. The leadership team is confident that Ms. Lau will make significant contributions to Group Eleven's ongoing success.

The Importance of a Strong CFO in the Mining Industry

The role of the CFO in a mining company is particularly critical, given the capital-intensive nature of exploration and development activities, the fluctuating commodity prices, and the complexities of operating in various jurisdictions. A skilled and experienced CFO is essential for navigating these challenges and ensuring the financial health and stability of the company.

Group Eleven’s selection of Ms. Lau reflects a strategic decision to prioritize strong financial leadership as the company scales its operations and pursues its growth objectives. The appointment underscores the company's commitment to transparency, responsible financial management, and sustainable growth.

Key Takeaways:

• Group Eleven Resources has appointed Jasmine Lau as its new CFO.
• Ms. Lau brings extensive experience in finance and the mining industry.
• This appointment strengthens Group Eleven's leadership team and positions the company for future growth.
• The mining industry requires a skilled CFO to navigate complex financial challenges.
• This appointment highlights Group Eleven's commitment to transparent and responsible financial management.

The addition of Jasmine Lau to the Group Eleven Resources team is a significant development, reinforcing the company's position within the copper and gold exploration and development sector. This strategic move positions Group Eleven for a period of continued growth and success, capitalizing on the current market conditions and future opportunities within the mining industry. The company's proactive approach to securing top-tier talent, as evidenced by this appointment, bodes well for its future endeavors.