Darien Resource Development Corp. said Jan. 29 that it appointed Grant Ewing as president and CEO.

Ewing will replace Greg Crowe in the CEO role. Crowe stepped down as CEO and a director of Darien to focus on his duties as president and CEO of Silver One Resources Inc.

The company, meanwhile, seeks to raise up to C$4.5 million through a private placement consisting of up to 18 million shares at 25 Canadian cents apiece.

Darien recently completed its IPO on the TSX Venture Exchange.