(TheNewswire)
Montreal, Q C - TheNewswire - May 8, 2023 - Dundee SustainableTechnologies Inc. (“ DST ”or the “ Corporation ”) (CSE:DST) is announcing theresignation of Mr. David Lemieux from its board of directors. Mr.Lemieux has been an active member of the board since June 21, 2021.His departure represents the final step of the transition out of thecorporation since his resignation as CEO on September 30, 2022.
Mr. Mai, President and CEO of DST, commented, "We appreciateDavid's many contributions to DST over the years and his leadershipduring his tenure as CEO. The Board and Management are wishing him allthe best in his future endeavors."
Appointment to the Board ofDirectors
The Corporation is also appointing Mr. Jean-Philippe Mai to the Boardof Directors to fill the vacancy created by Mr. Lemieux's departure.Mr. Mai acts as President and CEO of DST since October 1, 2022.Following this appointment, the Board of Directors is composed ofMessrs. Jean-Philippe Mai, Robert Sellars and Mario Jacob (Chair).Messrs. Sellars and Jacob are independent.
About Dundee SustainableTechnologies, a corporation controlled by Dundee Corporation
The Corporation is engaged in the development and commercialisation ofenvironment-friendly technologies for the treatment of materials inthe mining industry. Through the development of patented, proprietaryprocesses, DST extracts precious and base metals from mineralisedmaterial, concentrates and tailings, while stabilising contaminantssuch as arsenic, which could not otherwise be extracted or stabilisedwith conventional processes because of metallurgical issues orenvironmental considerations.
DST has filed, published and was granted patents for the GlassLockProcess™ and CLEVR Process™ in numerous countries.
FOR FURTHER INFORMATION PLEASECONTACT:
Mr. Jean-Philippe Mai
President and CEO
Dundee Sustainable Technologies Inc.
Tel: (418) 866-6001 # 228
FORWARD LOOKING STATEMENTS: This press release containsforward-looking statements that address future events and conditions,which are subject to various risks and uncertainties. Actual resultscould differ materially from those anticipated in such forward-lookingstatements as a result of numerous factors, some of which may bebeyond the Corporation’s control. These factors include generalmarket and industry conditions, risks related to continuous operationsand to commercialization of new technologies and other risks disclosedin the Corporation's filings with Canadian SecuritiesRegulators.
Forward-looking statements are based on theexpectations and opinions of the Corporation's management on the datethe statements are made. The assumptions used in the preparation ofsuch statements, although considered reasonable at the time ofpreparation, may prove to be imprecise and, as such, undue relianceshould not be placed on forward-looking statements. The Corporationexpressly disclaims any intention or obligation to update or reviseany forward-looking statements whether as a result of new information,future events or otherwise, except as required by applicable law.
Neither the CSE nor its RegulationServices Provider (as that term is defined in the policies of the CSE)accepts responsibility for the adequacy or accuracy of thisrelease.
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