TerraX Minerals Inc. announced that David Suda has been appointed as President and Chief Executive Officer of the company, effective immediately. Mr. Suda will work closely with Joseph Campbell, the Executive Chairman of TerraX, to help lead the company towards continued success in discovery while enhancing the company's profile within the investment community. David Suda has over 11 years of capital markets experience.

Most recently, Mr. Suda was Head of Trading and Managing Director at Beacon Securities. He has established relationships with investors including institutional managers and public companies. His extensive capital markets experience with a focus on public resource-based companies will provide TerraX access to a skill set which includes marketing, corporate strategy and investment banking.

To accommodate Dave Suda's appointment, Stuart Rogers has agreed to step down as President and to serve as Chief Financial Officer, replacing Mark Gelmon, who will be leaving the Company at the end of June.