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Phoenix Metals (TSX: PCA) has strengthened its executive team with the appointment of Carol Li as Chief Financial Officer, effective 4 November 2026.
Li brings more than 30 years of mining finance experience, with expertise spanning financial reporting, budgeting and planning, project financing, capital project management, systems implementation, internal controls, and process improvement. She most recently served as CFO of Amarc Resources and previously held the CFO role at Ascot Resources between 2017 and 2025. Before that, she was vice president of finance at KGHM International from 2012 to 2017.
A Canadian Chartered Professional Accountant, Li joins Phoenix Metals as the company advances its Greenwood copper-gold district in British Columbia.
She succeeds Kelso Cartwright, who supported Phoenix through its initial public offering and assisted with the CFO recruitment process. Cartwright will continue working with the company in a consulting capacity to provide continuity and support to the executive team.
President and CEO Nick Campbell commented: “Carol has a uniquely tailored depth of experience that will be invaluable to Phoenix as we advance the Greenwood copper-gold district in British Columbia. Carol has helped establish systems and stewarded the transition from exploration to development and into production for multiple mining companies.
“Ms. Li also brings valuable recent experience working in British Columbia. We are very excited to have Carol join the team to help us advance the Greenwood copper-gold district. We would like to thank Kelso Cartwright for his contributions to Phoenix Metals and wish him well in his future endeavors.”
The appointment adds significant operational and financial leadership experience as Phoenix Metals continues progressing development of its flagship Greenwood copper-gold district project.
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To meet with Phoenix Metals at the 121 Mining Investment London event on 23-24 November 2026, please register here: https://london.121mininginvestment.com/page/121-london-november
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