Mr. Norr is a Retired Former Executive Vice President

July 18, 2022 0 Comments

Jonas Lauren Norr, a well-known and respected member of the Crest family of companies, will be appointed to the Crest Resources Board of Directors. Mr. Norr is a retired former executive vice president with a 35-year career at Crest, where he most recently served as senior vice president, corporate development. He was responsible for Crest’s strategic planning and growth initiatives. Mr. Norr has been a Crest Resources Board of Directors member since February 2012.

Jonas Lauren Norr has been involved in several other business ventures outside Crest Resources, including owning and operating the Swedish hotel chain Scandic Hotels in Canada from 2007 to 2011, owning and operating the Scandic Hotels franchise in Poland from 2007 to 2010 (where his wife was born), and serving as chairman of the board for the Danish-based international real estate firm Tietgen International A/S from 1999 until its sale in 2011.

He also served on the board for Rambler Oil & Gas Corp. from 1997 until its sale to Anadarko Petroleum Corp., one of his former Crest employers, in 2000; Coeur Mining Inc., from 1999 until 2001; and Pacific Great West Telecommunications Ltd., which was taken public in 1997 by Crest but later sold to Telus Corporation in 2000 after its acquisition by Zayo Group Inc., one of his former employers at Crest Resources, in 2001 (which he also founded). He also served as a director on two publicly traded companies sold: Telus Corporation in 2000 and Zayo Group Inc. in 2001.

Mr. Norr holds a Bachelor of Science degree in economics from the University of Alberta in Edmonton, Alberta, Canada, and a Master of Business Administration degree from the University of British Columbia. He is a Canadian Institute of Chartered Accountants (CICA) member. He is currently serving as treasurer for Crest Resources Inc., which was formed in December 2011 as a result of Crest acquisition by Crest Resources Inc., which was formed in December 2011 as a result of Crest’s acquisition by Coeur Mining Inc.

Crest has been a publicly-traded company since 1965 and has excellent growth prospects. Crest Resources is a large, diversified mining company with a perfect balance sheet, and its shares have been trading in the $5 to $8 range for the past year. The Crest Resources Board of Directors has a strong track record of successfully running companies and developing them into solid ones. Mr. Norr is well suited to become an essential member of this board, and his appointment will be very positive for Crest’s shareholders over time.