VANCOUVER, British Columbia, Dec. 04, 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 the appointment of Douglas L. Mason, a veteran public company mining executive, to its Board of Directors as an independent director, effective December 04, 2023. Doug has served as a senior officer and director of a number of public companies, bringing 30+ years of extensive capital markets experience to the Foremost Board of Directors, and having assisted in raising hundreds of millions of dollars for such public companies during his tenure with the same.
Doug served previously as CEO, President and a director of Clearly Canadian Beverage Corporation (NASDAQ:CCBC), a producer of premium beverage products. During his 20 years in the beverage industry, Doug built a reputation for innovation and has been credited as being one of the pioneers of the New Age Beverage category. He is currently the Chairman of the Board and CEO of Magnum Goldcorp Inc., a Canadian company engaged in the acquisition and exploration of mineral resource properties. Doug is an active community member serving as past Deputy Chair of the Collingwood School Board of Trustees, a past Chair of the B.C. Sports Hall of Fame and Museum, and of the B.C. Sports Hall of Fame Foundation. He is currently a member of the Board of the Fraser River Sturgeon Conservation Society and remains an active member of the Sports Hall Foundation. He is also an active supporter and recruiter of participants for fund raising events for the Rick Hansen Institute.
"Doug brings a strong, incremental skillset to the Foremost Board of Directors, with deep mining and capital markets expertise," said Jason Barnard, President and CEO of Foremost Lithium. "He is a highly respected, purpose-driven leader who has a proven, long-term track record of success throughout his career in a diverse set of industries. Doug's proven expertise in mining will provide an invaluable perspective as we move our projects forward and execute on our Company's growth strategies."
Mr. Mason added: "This is an exciting time to join Foremost, ...