MineHub Announces Appointment of President and COO

May 16, 2023

Press Releases

Vancouver, B.C., May 16, 2023. MineHub Technologies Inc. (TSXV: MHUB, OTCQB: MHUBF) (“MineHub” or the “Company”) is pleased to announce the appointment of Andrea Aranguren as the Company’s President and Chief Operating Officer.

Andrea has extensive experience in managing global commercial teams, including account management, customer success, strategic partnerships, and operations & logistics.  She is also an expert in logistics digitization and supply chain optimization with over a decade of experience in the field.

She was a co-founder and the Chief Customer Officer at Waybridge Technologies, where she led customer implementations, counterparty onboarding and ecosystem partnerships for the company’s global customer base, including the largest copper and aluminum manufacturers in the U.S. and the largest copper producer in the world.  Mrs. Aranguren’s previous experience includes Vice President, Environmental Markets for IHS Markit, where she was responsible for the product design and development of the environmental registry, which listed 34 environmental standards such as Verra (VCS), Plan Vivo, and the Acre Carbon Standard.  She played an integral role in the development of IHS Markit’s Commodity Tracker: a digital documentation and inventory reconciliation platform for physical commodities.

Mrs. Aranguren also served as Vice President, Metals Logistics at Goldman Sachs & Co., where she was responsible for the scheduling and inventory management for the North and South American physical base metals business (including copper, lead and aluminum).  Responsibilities included liaising with the Global Base Metal Logistics teams, technology, strategists, trading, and senior management for the development of an innovative scheduling and trading platform.  While at Goldman Sachs & Co., Mrs. Aranguren also managed the onboarding of structured financing transactions in the Oil & Gas market, which entailed assessing resource requirements, highlighting and addressing risk management issues and overseeing the development of business and operational requirements, supervising the development of the pricing and cash flow models, and handling the contract negotiations with the client.

Andrea graduated from the University of Pennsylvania with honors in Economics and received her MBA from Columbia University, including a role as Vice President Alumni for Columbia’s Private Equity and Venture Capital Club.

About MineHub Technologies

MineHub provides enterprise-grade digital solutions that connect buyers, sellers and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service.  Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.

Arnoud Star Busmann
CEO, MineHub Technologies Inc.

For further information regarding MineHub, please email info@Minehub.com or visit our website at www.minehub.com

Cautionary Note Regarding Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains statements that are considered “forward-looking information” within the meaning of applicable Canadian securities legislation (“forward-looking statements”) with respect to MineHub including, but not limited to, statements with respect to MineHub’s future operational plans, the timing of such plans and anticipated customers. Forward-looking statements are statements that are not historical facts are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although MineHub believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company’s ability to raise sufficient capital to fund its operations, applications and for general working capital purposes, changes in economic conditions or financial markets, changes in laws or regulations that could have an impact on the Company’s operations, dependence on its key management personnel and market competition. Other risk factors are identified in the Company’s prospectus dated August 18, 2021, available on the Company’s SEDAR profile at www.sedar.com. There may be other risk factors not presently known that management believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. The forward-looking information is made as of the date included herein. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of MineHub’s management on the date the statements are made. However, except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change.

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