Solaris exits Canada for Switzerland with new CEO, board and spin-out plans

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He joins Solaris on Jan. 1 with after serving at Glencore for 11 years, most recently as head of copper business development with extensive merger and acquisition experience. The company continues to focus on its flagship Warintza project in Ecuador.

“I want to welcome Matt and the incoming directors to Solaris as we position ourselves for a pivotal year ahead,” Solaris executive chair Richard Warke said in a release.

“The Solaris team has brought Warintza within view of completing permitting and commencing full-scale construction for what could be one of the industry’s last major copper districts to be developed at low elevation and adjacent to infrastructure.”

Zug

The Toronto-based company’s new headquarters is to be in the low tax region of Zug, marking an exodus from Canada after Ottawa early this year started a national security review of China’s Zijin Mining’s plan to invest C$130 million….

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