Jun 28, 2022
StraightUp Resources (CSE: ST) (OTCQB: STUPF), a public company engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, has announced the appointment of Matthew Markin as its new executive chair and director. Currently the president and CEO of Markin Capital Group Ltd., Markin has garnered more than two decades of experience leading corporate teams in multimillion-dollar companies. His expertise stretches across a variety of industries, including corporate sales, investment banking, real estate development and construction. In his new role, Markin will be responsible for providing financing for private and public companies traded on the U.S., Canadian and Australian stock exchanges. According to the announcement, Markin is proud to be involved with StraightUp Resources, which he calls a “world-class mining organization and an incredibly talented group of individuals.” In addition, the company also announced a nonbrokered private placement of up to 2 million units issued at a price of C$0.10 per unit, totaling up to C$200,000. “The Red Lake properties in Ontario have recently attracted international consolidation and investments from major gold mining companies based as far as Australia,” said StraightUp CFO and director Daniel Cruz in the press release. “This resurgence of investment interest in the region has led to StraightUp attracting an international business person, being Mr. Markin. The company is grateful to have Mr. Markin as a new Investor and leader of our corporate strategy to focus on our Red Lake assets.”
To view the full press release, visit https://ibn.fm/JWUFo
About StraightUp Resources Inc.
StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and Ferdinand Gold Property, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The Company’s recently acquired Ranger/Otter claims add 3,050 hectares contiguous to the 10,000 hectare flagship properties, RLX North and South. For further information about the company, visit www.StraightUpResources.com.
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