QualityStocks would like to highlight El Capitan Precious Metals, Inc. (OTCBB: ECPN), an exploration stage precious minerals company based in Scottsdale, Arizona, that is principally engaged in the exploration of precious metals and other minerals. The company’s primary asset is its wholly owned subsidiary El Capitan, Ltd., an Arizona corporation, which holds 100% equity interest in the El Capitan property located near Capitan, New Mexico.
In the company’s news last week,
El Capitan Precious Metals announced that Arly Richau has been appointed to its Board of Directors effective immediately, filling a seat that was vacated last month. Mr. Richau was a logical choice for the position since he has been involved in various aspects of legal representation of the El Capitan mining project for the past 18 years, including as general counsel to the company’s board of directors since its merger with Gold and Minerals Company Inc.
Mr. Richau earned his law degree at the University of North Dakota and has been in private practice in Phoenix, Arizona, since 1997. His law career spans three decades and includes positions as Commissioner of Securities for the State of North Dakota and Special Assistant Attorney General for the North Dakota Tax Department.
El Capitan’s current management was pleased to bring Mr. Richau onboard at a pivotal time for the company. The company’s CEO and president, Chuck Mottley, said “I’ve relied on Arly’s wise counsel over the years and he has been a contributing factor in the success of our operation.”
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