Mineral explorer Tirex Resources (CVE:TXX) has appointed Jeffery Griffin to the board of directors, the company announced Friday.
appointment comes as Tirex transitions from exploration to copper and
gold mining production in six areas of the Mirdita volcanogenic massive
sulphide district after investing more than US$25 million into Albania
over five years.
Griffin’s has a business administration in economics from Tuft University, and also served in the United States Army.
2001 to 2010, he was president and chief executive of the
Albanian-American Enterprise Fund. A enterprise created by the U.S. to
enhance the private sector of Albania’s economy and also designed to
promote a transparent “capitalist” economy under “democratic” rule.
addition, Griffin was elected as the chairman of the board of the
American Chamber of Commerce of Albania from February 2001 to 2007.
this time, the chamber developed regulations that were adopted as law
to support land title registration, corporate share ownership.
his six year tenure, the chamber membership grew from 40 people to more
than 220 members, the company said in a statement.
held number high level positions in finance such as managing director
for Caspian Securities, and was also president and CEO of American
Security Capital Corp.
Further, from 1999 to 2001, he was vice
president for Investment Funds, Overseas Private Investment Corporation,
a U.S. Government agency charged with investing in emerging markets to
support private enterprise development.
In this position, Griffin was the senior officer responsible for 28 international private equity funds with total capital of $4
billion, which comprised one-third of the corporations operations.
In October, the company said that it submitted its application for mining permits in the Mirdita District, in Albania.
Tirex is seeking permits in the areas known as Central Gurthi, North
Gurthi, South Gurthi and Letitna zones, as well as Fushe-Arres and
The company has submitted documentation to the Ministry
of Environment and Forestry, as well as mining plans to the Ministry of
Economy, Trade and Energy. The applications received official support
from all the host communities where the mining permits are located,