Yesterday, UEX Corporation (OTCMKTS:UEXCF) was in focus among investors after the company announced that it had made two key promotions in its management structure. The company announced that Christopher Hamel had been made the new Vice President of Exploration and on the other hand Nathan Barsi had been made the District Geologist for the Athabasca Basin.
The appointments are going to go into effect from October 1, 2021 and it goes without saying that both are key appointments. However, it seems that investors did not quite take kindly to the new appointments and the UEX Corporation stock actually tanked by as much as 4% yesterday.
In this context, it might be a good idea for investors to perhaps take a closer look at the credentials of the two employees. Hamel had joined UEX Corporation back in 2016 and from 2017 through to 2020 he had held the position of the Chief Geologist. Since January of this year, he had served as the Exploration Manager. On the other hand, Baris had joined the company in the position of Project Geologist back in 2016 and his most recent position at UEX had been that of the Senior Geologist.
