Electric Metals (USA) Limited Announces Appointment of Chief Executive Officer
02 2월 2024 - 1:26AM
Electric Metals (USA) Limited (“
EML” or the
“
Company”) (
TSXV: EML)
(
OTCQB: EMUSF) is delighted to announce the
appointment of Mr. Brian Savage to the position of President and
Chief Executive Officer, effective today. Mr. Savage replaces Mr.
Gary Lewis who has resigned all positions with the Company. The
Board thanks Mr. Lewis for his service to the Company and wishes
him well in his future endeavours.
The main goal for Mr. Savage is to further the
evaluation and advancement of the Emily Manganese Project in
Central Minnesota and to transition the project from a resource to
an operating mine and high purity manganese processing plant. Mr.
Savage is eminently suited to this role. An American citizen and
resident of Colorado, he holds an MSc in Mineral Economics and a
BSc in Mining Engineering from the Colorado School of Mines.
Mr. Savage has a long history of identifying,
building, transforming and growing businesses in the mining and
metals industry. His most recent project has been the formation of
a joint venture to restart the shipping of manganese from the
Kisenge mine facility in the Democratic Republic of the Congo.
Mr. Savage has a wealth of experience in
exploration, development, production and project financing. He has
spent years developing mining projects in various countries
including Kazakhstan, Russia, Guinea and the Congo, as well as a
number of operations in the United States. He has worked with a
large range of stakeholders, including property owners, local
communities, governmental and international entities and
shareholders.
Mr. Savage stated, “I am thrilled to join
Electric Metals. We believe the Emily Manganese Project represents
the highest grade manganese deposit in North America and offers an
exciting opportunity to develop high-value high-purity manganese
products for the electric vehicle and energy storage sector,
filling a crucial gap in the US market.” The Board of Electric
Metals is confident that Mr. Savage has the right experience to
advance the Emily Manganese Deposit from a geologic, technical,
economic and environmental viewpoint, while maintaining a
stewardship that is in the best interest of all stakeholders.
During the last year the company has expended great effort in
exploration drilling with the aim to further quantify the Emily
Deposit. In the near future the Company expects to be able to
announce an updated mineral resource and the results of the ongoing
metallurgical laboratory research testing of the ability of
Electrical Metals to produce battery grade high purity manganese
sulphate monohydrate (HPMSM) and other high-grade manganese
products from the Emily Manganese Project.
About Electric Metals (USA)
Limited
Electric Metals (USA) Limited (TSXV: EML)
(OTCQB: EMUSF) is a U.S.-based mineral development company with
manganese and silver projects geared to supporting the transition
to clean energy. The Company’s principal asset is the Emily
Manganese Project in Minnesota, which has been the subject of
considerable technical studies, including a National Instrument
43-101 Technical Report – Resource Estimate, with over US$26
million invested to date. The Company’s mission in Minnesota is to
become a domestic U.S. producer of high purity, high-value
manganese metal and chemical products for supply to U.S. energy,
technology and industrial markets. With manganese playing a
critical and prominent role in lithium-ion battery formulations,
and with no current domestic supply or active mines for manganese
in North America, the development of the Emily Manganese Project
represents a significant opportunity for America, the State of
Minnesota and for the Company’s shareholders.
For further information, please
contact:
Electric Metals (USA) Limited
Oliver Lennox-KingChair of the Board(416)
948-5699oliver@lennoxking.com
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.
Forward-Looking Information
This news release contains “forward-looking
information” and “forward-looking statements” (collectively,
“forward-looking information”) within the meaning of applicable
securities laws. Forward-looking information is generally
identifiable by use of the words “believes,” “may,” “plans,”
“will,” “anticipates,” “intends,” “could,” “estimates,” “expects,”
“forecasts,” “projects” and similar expressions, and the negative
of such expressions.
Forward-looking statements in this news release
include, but are not limited to, statements with respect to the
appointment of Mr. Savage as Chief Executive Officer, the
announcement of an updated mineral resource and the results of the
metallurgical laboratory research testing of the ability of
Electrical Metals to produce battery grade high purity manganese
sulphate monohydrate (HPMSM) and other high-grade manganese
products from the Emily Manganese Project.
These statements address future events and
conditions and so involve inherent risks, uncertainties and other
factors that could cause actual events or results to differ
materially from estimated or anticipated events or results implied
or expressed in such forward-looking statements. Such risks
include, but are not limited to, the failure to obtain all
necessary stock exchange and regulatory approvals. Forward-looking
information is based on the reasonable assumptions, estimates,
analysis and opinions of management made in light of its experience
and perception of trends, current conditions and expected
developments, and other factors that management believes are
relevant and reasonable in the circumstances at the date such
statements are made. Although the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated. There can be no assurance that such information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information.
Accordingly, readers should not place undue reliance on
forward-looking information.
All forward-looking information herein is
qualified in its entirety by this cautionary statement, and the
Company disclaims any obligation to revise or update any such
forward-looking information or to publicly announce the result of
any revisions to any of the forward-looking information contained
herein to reflect future results, events, or developments, except
as required by law.
Electric Metals USA (TSXV:EML)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Electric Metals USA (TSXV:EML)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024