PNN:CC - Pambili introduces Kevin Blanchette as new director bolstering company's leadership team
(TheNewswire)
Calgary, Canada - TheNewswire - Nov. 10, 2023 - Pambili Natural Resources Corporation (" Pambili " or the" Company ") (TSX-V:PNN) is pleased to announce theappointment of Mr. Kevin Blanchette to its board of Directors.
Mr. Blanchette has an extensive public company andbusiness background and this, coupled with his exceptional expertise,will further strengthen the company’s leadership and help it driveits strategic vision forward.
Having held prominent leadership roles in variousindustries over the years, Mr. Blanchette brings a wealth of corporateexperience to Pambili. With a proven track record of success, Mr.Blanchette has consistently demonstrated his ability to leadorganizations through periods of growth and value creation. As theCompany continues to expand its operations and explore newopportunities in Zimbabwe, Mr. Blanchette’s expertise will beinstrumental in steering the Company towards sustainable andprofitable outcomes.
“We are excited to welcome Kevinto our Board of Directors,” said Jon Harris,Pambili’s CEO. “Hisexceptional background and knowledge of junior resource companies willundoubtedly enhance our decision-making processes and solidify ourposition as an emerging player in the natural resources explorationand development sector.”
Pambili NRCDirector Kevin Blanchette.
Mr. Blanchette has been actively involved in severalpublic companies, displaying astute financial acumen and strategicinsight. With a background in industrial automation, asset monitoringsolutions, data management and biosciences, his ability to identifyand capitalize on emerging trends has consistently resulted inincreased shareholder value, earning him a reputation as a visionaryleader.
“ I amexcited to join Pambili’s Board of Directors and contribute to theCompany's continued growth and success ,”remarked Mr. Kevin Blanchette. “ Pambili’s commitment to responsible andsustainable resource development aligns perfectly with my own values,and I look forward to working with the team to unlock the fullpotential of the company’s assets .”
The appointment of Mr. Blanchette to the Board ofDirectors underscores Pambili’s dedication to assembling a diverseand proficient leadership team capable of delivering exceptionalresults for its stakeholders.
Following his appointment, Mr. Blanchette has beengranted 500,000 options to acquire Pambili shares at a price ofC$0.05. These options will expire on Aug. 31,2028.
The Company also announces the retirement of Mr.Raymond Gertz from the Board of Directors. The Company acknowledgesthe assistance Mr. Gertz has provided to the Company over his manyyears as a director and wishes him well in his retirement.
Mr. Gertz has been a member of Pambili’s Board since2007, and has owned industrial fabrication and construction firms formore than 40 years.
“Ray has been a trusted andrespected voice on our Board for more than 15 years,” said Mr. Harris. “We thank him for his years of valuable service to the Company andwish him all the best in his retirement from our Board.”
About Pambili Natural ResourcesCorporation: Pambili Natural ResourcesCorporation is a natural resources exploration and development company( www.pambilinrc.com ) currentlyactive in Zimbabwe and in the province of Alberta.
For further information,contact:
Pambili NaturalResources Corporation
T : 403 2774421
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
Caution Regarding Forward-Looking InformationForward-looking statements - Certain information set forth in thisnews release may contain forward-looking statements that involvesubstantial known and unknown risks and uncertainties. Forward-lookingstatements are often, but not always, identified by words such as“believes”, “may”, “likely”, “plans”, or similarwords. Forward- looking statements included in this news releaseinclude statements with respect to activities in Zimbabwe. Theseforward-looking statements are subject to numerous risks anduncertainties, certain of which are beyond the control of theCorporation, including, but not limited to the impact of generaleconomic conditions, industry conditions, currency fluctuations, anddependence upon regulatory approvals. The Corporation does not assumeany obligation to update the forward-looking statements to reflectchanges in assumptions or circumstances other than as required byapplicable law.
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