SOLO - Foremost Lithium Appoints Bal Bhullar as Chief Financial Officer and Corporate Secretary | Benzinga
VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) (CSE:FAT) ("Foremost Lithium", "Foremost" or the "Company"), a North American hard-rock lithium exploration company, today announced that it has appointed Ms. Bal Bhullar as its Chief Financial Officer and Corporate Secretary effective September 07, 2023. Ms. Bhullar succeeds Cyrus Driver who is leaving the Company to pursue other interests.
Ms. Bhullar has more than 25 years' experience in senior financial positions, risk management experience as an executive and/or board director, in both public and private companies. Most recently, she served as CFO and executive board member at ElectraMeccanica (NASDAQ:SOLO), where she was responsible for managing the financial initiatives essential to the company's growth.
"We are delighted to welcome Bal to our executive leadership team as CFO and look forward to her contributions to accelerating our growth," said Jason Barnard, President and Chief Executive Officer of Foremost Lithium. "Her entrepreneurial spirit, outstanding work ethic, and vast networks are assets that will undoubtedly have an immediate and substantial impact on our Company. We anticipate her accomplished background in finance and capital markets will help generate long-term shareholder value as we execute to become a key contributor to the North American EV revolution."
Ms. Bhullar's involvement at ElectraMeccanica was instrumental through its evolution in scaling an EV manufacturer from its early stages through its NASDAQ listing, which will complement Foremost in its recent up-listing onto the NASDAQ. She is a Chartered Professional Accountant, Certified General Accountant, and holds a CRM designation from Simon Fraser University and a diploma in Financial Management from British Columbia Institute of Technology. Ms. Bhullar brings strong banking relationships and is experienced with increasing market capitalization, raising capital, corporate governance, ESG, diversity, financial & strategic planning, initial public offerings, reverse takeovers, operational & risk management, and regulatory compliance reporting.
"I am excited to join Foremost Lithium at this important juncture in the Company's evolution," said Ms. Bhullar. "Drawing on my depth of experience with Nasdaq-listed companies, I will focus on integrating robust financial management systems and enhancing the Company's corporate governance. I look forward to joining this talented team and contributing to the Company's immense growth opportunity."
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