Arizona Sonoran Copper Company Inc. announced the appointment of Toronto-based Nicholas Nikolakakis as Chief Financial Officer effective and reporting directly to the CEO. Mr. Nikolakakis' capital markets and financing expertise will prove invaluable as ASCU transitions the Cactus Project through the various technical reports and ultimately into a construction and development decision with an ensuing Project Financing. Rodney Prokop, the former CFO, will remain with the Company for a short interim period to ensure a smooth transition and thereafter as a consultant on an “as needed basis.” Mr. Nikolakakis has over 27 years of corporate finance, accounting and senior management experience within the mining sector.

Over his career, he has raised over USD 2 billion in numerous mining transactions. Most recently he was the Chief Financial Officer for Battle North Corporation. He was also the former Chief Financial Officer of Rainy River Resources.