NICL:CC - Nickel Rock Appoints New President & CEO
(TheNewswire)
Coquitlam, BC – TheNewswire - March 28, 2022- Nickel Rock Resources Inc. (the “Company” or “NickelRock”) (TSXV:NICL ) ( OTC:NICKLF ) , ( FRA:NMK2) announces th e appointment of Mr. Tim Fernback as the new President, ChiefExecutive Officer and Director of the Company to replace Mr. RobertSetter as President & CEO, who remains an active Director of theCompany.
Mr. Fernback stated thathe is excited about his new role with the Company and is lookingforward to advancing the Company with its current projects to increaseshareholder value.
Mr. Fernback has held multiple senior executivepositions, including oversight of the Investment Banking and CorporateFinance Divisions at Wolverton Securities, formerly Western Canada’soldest brokerage firm. Over his successfulmulti-decade career in both venture capital and finance, Mr. Fernback has served in a variety of roles including CEO,COO and CFO of different junior resource companies listed on the TSXV,TSX, ASX and OTCQB public markets.
Mr. Fernback holds anHonours B.Sc. from McMaster University and is a graduate of the SauderSchool of Business at the University of British Columbia, where hecompleted an MBA with a concentration in Finance. Tim Fernback holds aChartered Professional Accounting designation (CPA, CMA) and is anactive member of the CPA of British Columbia and other industryassociations within Canada.
The board thanks Mr.Setter for his contributions to the Company as President & CEO andlooks forward to his continued involvement on the Nickel Rock Board ofDirectors.
About Nickel Rock ResourcesInc.
Nickel Rock Resources Inc. is a Canadian basedexploration company whose primary listing is on the TSX VentureExchange. The Company’s maintains a focus on exploration for highvalue battery metals required for the electric vehicle (EV) market. www.nickelrockresources.com
About the British Columbia, NickelProjects
The Mount Sidney Williams Group consists of three claimblocks with a total area of 10,569 hectares in the area surroundingMount Sidney Williams, both adjoining and near the Decar project ofFPX Nickel Corp., located 100 kilometres northwest of Fort St. James,B.C., in the Omineca mining division. Metallic mineralization includesnickel, cobalt, and chromium. At least some of the nickelmineralization occurs as awaruite. The Mitchell Range Group areaclaim consist of one claim block covering 8,659 hectares withdemonstrated metallic mineralization including nickel, cobalt, andchromium. Nickel cobalt mineralization has not been well explored, butthe presence of awaruite has been documented. The Company has optioned out an 80% interest on certain mineralclaims within the Hard Nickel 4 and Nickel 100 exploration project, toSurge Battery Metals Inc. (TSXV:NILI).
About Clayton Valley LithiumProject
The Company owns a 100% in 113 lithium lode and placerclaims covering over 640 hectares in Clayton Valley. Clayton Valley isa down-dropped closed basin formed by the Miocene age Great Basinextension and is still active due to movement along the Walker Lanestructural zone. As a result, the basin has preserved multiplelayers of lithium bearing volcanic ash, resulting from multipleeruptive events over the past 6 million years including eruptions fromthe 700,000-year-old Long Valley Caldera system and related events. These ash layers are thought to contribute to the lithium brines extracted by Albemarle and are also likelyinvolved in the formation of the exposed lithium rich clay deposits onthe east side of Clayton Valley.
On Behalf of the Board of Directors
“Robert Setter”
604-428-5690
Robert Setter, President & CEO
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. This news release may containforward-looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward-looking. Forward-looking statements are not guarantees offuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward-lookingstatements.
Copyright (c) 2023 TheNewswire - All rights reserved.