NEW:CC - New Target Mining Appoints Adrian Lamoureux to the Board of Directors
(TheNewswire)
Vancouver, BC - TheNewswire - May 10, 2023 - New Target Mining Corp. (TSXV:NEW) (the“ Company ” or “ NewTarget ”), is pleased to announce that Mr. Adrian Lamoureux has beenappointed as a director of the Company, effectively immediately.
Todd Hanas, President and Chief Executive Officer ofNew Target, comments regarding the appointment of Mr. Lamoureux to theboard of directors:
“Mr. Lamoureux is currently ChiefExecutive Officer, President and Director at Vital Battery MetalsInc., Founder of Patriot Battery Metals Inc. and former ChiefExecutive Officer, as well as an extended tenure on the board ofdirectors and as Vice President - Corporate Development.
As Founder of Patriot Battery MetalsInc., Mr. Lamoureux was instrumental in its growth,development, and sustained success throughout his leadership. Mr.Lamoureux worked in the venture capital markets for close to twentyyears (including nine years with Patriot Battery Metals), specializingin the design and implementation of market strategies and corporatedevelopment. He has particular expertise in the mineral explorationand development sector. During his time working in the venture capitalmarkets, Mr. Lamoureux has financed a number of successful private andpublic companies.
“I was privileged to work alongside Mr. Lamoureux as a director of Patriot Battery Metals from 2019through 2022 and thrilled for him to be joining New Target anddeveloping a close working relationship with the team and continuingour focus towards near term successes and relentless watershedmoments.”
The Company also announces the resignation of directorMike Petrina. The Company thanks Mr. Petrina for his valuedcontribution to the board of directors over his tenure with theCompany.
About New Target MiningCorp. : New Target MiningCorp. is a new mineral exploration company, focused on theacquisition, exploration, and development of mineral resourceproperties. The Company has an option to acquire a 100% interest andtitle to the Scarlett Property located in the New Westminster Mining Division, Mission,British Columbia.
New Target Mining Corp.
M: +1 778.994.8072
E: todd@newtargetmining.com
www.newtargetmining.com
TSX-V:NEW
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release .
Cautionary Statement Regarding“Forward-Looking” Information
This news release contains “forward?lookinginformation or statements” within the meaning of applicablesecurities laws, which may include, without limitation, statementsrelating to the expected outcomes and benefits of the appointment ofMr. Lamoureux as a director, the Company’s projects, the technical,financial and business prospects of the Company, and other matters.All statements in this news release, other than statements ofhistorical facts, that address events or developments that the Companyexpects to occur, are forward-looking statements. Although the Companybelieves the expectations expressed in such forward-looking statementsare based on reasonable assumptions, such statements are notguarantees of future performance and actual results may differmaterially from those in the forward-looking statements. Suchstatements and information are based on numerous assumptions regardingpresent and future business strategies and the environment in whichthe Company will operate in the future, including the price of metals,the anticipated costs and expenditures, the ability to achieve itsgoals, that general business and economic conditions will not changein a material adverse manner, that financing will be available if andwhen needed and on reasonable terms. Such forward-looking informationreflects the Company’s views with respect to future events and issubject to risks, uncertainties and assumptions, including the risks and uncertaintiesrelating to the interpretation of exploration results, risks relatedto the inherent uncertainty of exploration and cost estimates, thepotential for unexpected costs and expenses and those other risks filed under the Company’s profile onSEDAR at www.sedar.com . While such estimates and assumptions are consideredreasonable by the management of the Company, they are inherentlysubject to significant business, economic, competitive and regulatoryuncertainties and risks. Factors that couldcause actual results to differ materially from those in forwardlooking statements include, but are not limited to, continuedavailability of capital and financing and general economic, market orbusiness conditions, adverse weather and climate conditions, failureto maintain or obtain all necessary government permits, approvals andauthorizations, failure to maintain community acceptance (includingFirst Nations), risks relating tounanticipated operational difficulties (including failure of equipmentor processes to operate in accordance with specifications orexpectations, cost escalation, unavailability of personnel, materialsand equipment, government action or delays in the receipt ofgovernment approvals, industrial disturbances or other job action, andunanticipated events related to health, safety and environmentalmatters), risks relating to inaccurategeological and engineering assumptions, decrease in the price of gold, copper and other metals , the impact of Covid-19 or other viruses and diseases on theCompany’s ability to operate, an inability to predict and counteractthe effects of COVID-19 on the business of the Company. The Companydoes not undertake to update forward?looking statements orforward?looking information, except as required by law .
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