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Idaho Strategic Resources adds to its board of directors

By Hemanth on Jan 14, 2022 | 04:34 AM IST

Picture credit: Idahostrategic.com


Idaho Strategic Resources, Inc. (OTCQB: NJMC) is pleased to announce that Rich Beaven, CFA has joined as an independent board member.

Mr. Beaven is Lead Portfolio Manager and Principal at Signia Capital. Signia is a small-cap value asset manager with a largely institutional (pension fund) client base. Prior to co-founding Signia Capital Management in 2002, Rich was the Assistant Director of Research and a Portfolio Manager for a $2B Pacific Northwest asset management firm. With blue-collar roots, Rich went on to get a BA in business administration from the University of Kentucky and an MBA from Gonzaga University. In addition, he is a CFA charter holder and has served as President of the CFA Society of Spokane.

“I have known Rich professionally for some time and his resiliency and track record within the small-cap arena, and deep-dive analysis of individual companies and various components along the value chain are impressive,” said Idaho Strategic President and CEO John Swallow. “Rich’s relative background and experience are a complimentary fit in continuing with our “travel light/travel far, value-added” approach to board composition. I believe Rich is the right guy at the right time and I know I can speak for Grant and Kevin when I say that we genuinely look forward to working together.”

Rich Beaven added, "I'm very excited to join the board of Idaho Strategic Resources in 2022.  John and the team have succeeded in developing a noteworthy gold producer from the ground up.  In addition, the company has substantial growth prospects with respect to increasing gold production while continuing to expand the firm's rare earth assets.  It's truly an honor to be a member of the Idaho Strategic resources team."

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