Amarc Resources Announces CFO Transition and Stock Option Grant
News related to:Amarc Resources Ltd · 2 min read
Amarc Resources Ltd., a mineral exploration and development company, announced significant changes in its leadership structure on September 15, 2026. Carol Li, the company’s Chief Financial Officer (CFO), is stepping down for personal reasons, effective immediately. Braden Jensen, the Corporate Controller, has been appointed as the interim CFO to ensure a smooth transition.
According to Diane Nicolson, the President and CEO of Amarc, “On behalf of everyone at Amarc, I would like to thank Carol for the considerable contributions she has made as a member of our team, including her support through our recent financing. We wish Carol well as she steps down, for personal reasons, as CFO and we look forward to her continued input as our senior financial advisor.”
Braden Jensen, who has served as the Corporate Controller, brings extensive experience in the natural resources sector. With over 15 years of experience, Jensen has held the position of Chief Financial Officer with several public mining companies in Canada. His background includes expertise in accounting, corporate finance, public-company reporting, taxation, exploration finance, and mining-project development. Jensen holds a Bachelor of Commerce from the University of Victoria and a Chartered Accountant designation from the BC Chartered Accountants School of Business.
Amarc Resources Ltd. is a mineral exploration and development company with a strong track record of generating shareholder value through the discovery and development of copper and gold deposits. The company is advancing the JOY, DUKE, and IKE Districts in British Columbia, all of which are in proximity to key industrial infrastructure. These districts represent significant potential for the discovery and development of porphyry copper±gold deposits.
The JOY District hosts the AuRORA Gold-Copper Deposit, discovered in 2024, which is expected to be key to the development of the district and the entire Toodoggone Region. The DUKE District, located in the Babine region, is part of one of BC's most prolific porphyry copper-gold belts, including the past-producing Bell and Granisle mines and the advanced stage Morrison deposit.
Amarc Resources Ltd. has been successful in securing strategic partner funding for its projects. The JOY District has attracted over CAD$144 million in funding from Freeport McMoRan Minerals Properties Canada Inc., a wholly owned subsidiary of Freeport-McMoRan, a global copper producer. The DUKE District has received funding from Boliden Mineral Canada Ltd., a wholly owned subsidiary of Boliden AB, a multi-national Swedish metals, mining, and smelting company.
The company’s management team has a 40-year track record of generating strong shareholder value through the discovery and development of copper and gold deposits. Amarc Resources Ltd. continues to unlock shareholder value through its well-funded discovery-focused exploration, a highly disciplined approach to development, and by consistently working to develop close partnerships with governments, communities, Indigenous groups, and other stakeholders.
The transition in leadership is part of Amarc’s ongoing efforts to maintain its position as a leading mineral exploration and development company in British Columbia. The company remains committed to advancing its projects and delivering value to its shareholders.