Primero Announces Planned Succession of Ernest Mast to President and C.E.O. and Joseph Conway to Executive Vice Chairman


TORONTO, ON -- (Marketwired) -- 11/11/15 -- Primero Mining Corp. ("Primero" or the "Company") (TSX: P)(NYSE: PPP) is pleased to announce the planned appointment of Mr. Ernest Mast as President and Chief Executive Officer and Director of the Board effective January 31, 2016. Mr. Joseph F. Conway, the Company's C.E.O. since its inception will assume the role of Executive Vice Chairman as part of an established succession plan.

Mr. Conway's role of Executive Vice Chairman will be focused on the seamless leadership transition of the incoming C.E.O., fostering expanded relationships between the Board of Directors and senior management and working with the executive team in areas of strategic and corporate development. In mid-2016 Mr. Conway will transition to Vice Chairman and Director of the Board.

"Joe has been a passionate and committed leader," stated Mr. Wade Nesmith, Chairman. "And it has been my privilege to have worked with him over the past five years. On behalf of the Board, I would like to thank Joe for leading the Primero team and building Primero into a low-cost, mid-tier gold producer with two mines, a development project, and exploration properties in Canada and Mexico."

As part of Mr. Conway's planned retirement, Primero has an established leadership succession plan that has prepared Mr. Mast to lead Primero as President and C.E.O. Mr. Mast has been the President and C.O.O. since joining Primero in February 2015. He has over 25 years of international mining experience including the last 15 years in executive leadership roles. Mr. Mast has a Master's degree in Metallurgical Engineering from McGill University, is a registered professional engineer and is a graduate of the Henley Business School. The Company is in advanced stages of hiring a replacement for Mr. Mast's operational responsibilities.

"I have enjoyed my leadership role in the early development of Primero and its executive team," stated Mr. Joseph F. Conway, C.E.O. "With Ernie as C.E.O., I have the utmost confidence Primero will demonstrate continued operational improvement, particularly at Black Fox, and achieve superior returns for our shareholders. Ernie's operational background, Latin American experience and business development mindset are uniquely suited to lead the Company through its next phase of growth."

About Primero

Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River-Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.

Primero's website is

For further information, please contact:
Evan Young
Manager, Investor Relations
Tel: (416) 814 2694

Source: Primero Mining Corp.

  • Subscribe
  • Connect
  • Contact


Email Address *
Mailing Lists *


TelephoneTelephone Mail


Read the following disclaimer before continuing:
Please note that you are now entering an “External Website” directly or indirectly maintained by third party provider (“Virtua”) and that you do so at your own risk.

Primero Mining Corp. (“P:TSX”;“PPP:NYSE”;”ASX:PPM”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. When used below “Primero” means Primero Mining Corp. and its affiliates and subsidiaries.

By clicking “Accept” you acknowledge and agree that neither Primero nor third party provider Virtua is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against Primero and Virtua and further acknowledge and agree that in no event shall P or Virtua, and their respective officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site.

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if Primero and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, Primero may also disclose certain non-GAAP information, including certain ratios, operational and miscellaneous data, as well as net income and income per share income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP information provides investors with additional information to assess Primero’s operating performance and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP information, along with GAAP information, in evaluating its historical operating performance.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

Accept | Decline