(TheNewswire)
March 15, 2022 – TheNewswire - Vancouver, British Columbia : Metallum ResourcesInc. (TSXV:MZN) (“Metallum” or the“Company”) announces today that Grant Daveyhas been appointed a Director of the Company, in the place of GordonTainton who has stepped down from the Board.
“I would like to take this opportunity to thankGordon for his years of service to Metallum. He has been a valuablemember of the Board of Directors and we wish him well,“ said SimonRidgway, Chairman of the Board.
Grant Davey is an experienced entrepreneur with 30years of senior management and operational experience in thedevelopment, construction and operation of precious metals, basemetals, uranium and bulk commodities around the world. More recently, he has been involved in venture capitalinvestments in several exploration and mining projects and has beeninstrumental in the acquisition and development of the Honeymoonuranium mine in South Australia, the Panda Hill niobium project inTanzania, the Superior Lake zinc project in Ontario, the Cape Ray goldproject in Newfoundland and the acquisition of the Kaylekera Uraniummine in Malawi from Paladin. He is currently aDirector of Cradle Resources Limited (ASX:CXX), Lotus ResourcesLimited (ASX:LOT), and Frontier Energy (ASX:FTE), and is a member ofthe Australian Institute of Company Directors (AICD).
Kerem Usenmez, President and CEO, commented, “Wewelcome Grant Davey to the Metallum Board and look forward to workingwith him to advance Company’s vision and strategic objectives.Grant’s extensive experience in building mines, and financing miningcompanies and projects, will be an asset to the Company as we continueto develop our flagship project.”
About Metallum
Metallum Resources (TSXV:MZN) is developing itsSuperior Lake Zinc and Copper Project located in Ontario, Canada whichhas been advanced to the feasibility stage. For more information onthe project please visit metallumzinc.com .
Metallum is a member of the Gold Group of companies,led by Simon Ridgway. For further detailsabout the Company and the Superior Project, please visit theCompany’s website at metallumzinc.com .
ON BEHALF OF THE BOARD
Kerem Usenmez,
President & Chief Executive Officer
Metallum Resources Inc.
Symbol: TSXV-MZN
For further information, contact:
Kerem Usenmez, President & CEO
Tel: 604-688-5288; Fax: 604-682-1514
Email: info@metallumzinc.com
Website: metallumzinc.com
Neither the TSX Venture Exchange northe Investment Industry Regulatory Organization of Canada acceptsresponsibility for the adequacy or accuracy of this release.
Cautionary NoteRegarding Forward-Looking Statements
Certain statements contained in thisnews release constitute forward-looking statements within the meaningof Canadian securities legislation. All statements included herein,other than statements of historical fact, are forward-lookingstatements and include, without limitation, statements about theCompany’s property exploration and development plans. Often, but notalways, these forward looking statements can be identified by the useof words such as “estimate”, “estimates”, “estimated”,“potential”, “open”, “future”, “assumed”,“projected”, “used”, “detailed”, “has been”,“gain”, “upgraded”, “offset”, “limited”,“contained”, “reflecting”, “containing”, “remaining”,“to be”, “periodically”, or statements that events,“could” or “should” occur or be achieved and similarexpressions, including negative variations.
Forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause the actual results, performance or achievements of the Companyto be materially different from any results, performance orachievements expressed or implied by forward-looking statements. Suchuncertainties and factors include, among others, whether explorationand development of the Company’s properties will proceed as planned;changes in general economic conditions and financial markets; theCompany or any joint venture partner not having the financial abilityto meet its exploration and development goals; risks associated withthe results of exploration and development activities, estimation ofmineral resources and the geology, grade and continuity of mineraldeposits; unanticipated costs and expenses; risks associated withCOVID-19 including adverse impacts on the world economy, explorationefforts and the availability of personnel; and such other risksdetailed from time to time in the Company’s quarterly and annualfilings with securities regulators and available under the Company’sprofile on SEDAR at www.sedar.com. Although the Company has attemptedto identify important factors that could cause actual actions, eventsor results to differ materially from those described inforward-looking statements, there may be other factors that causeactions, events or results to differ from those anticipated, estimatedor intended.
Forward-looking statements containedherein are based on the assumptions, beliefs, expectations andopinions of management, including but not limited to: that theCompany’s stated goals and planned exploration and developmentactivities will be achieved; that there will be no material adversechange affecting the Company or its properties; and such otherassumptions as set out herein. Forward-looking statements are made asof the date hereof and the Company disclaims any obligation to updateany forward-looking statements, whether as a result of newinformation, future events or results or otherwise, except as requiredby law. There can be no assurance that forward-looking statements willprove to be accurate, as actual results and future events could differmaterially from those anticipated in such statements. Accordingly,investors should not place undue reliance on forward-lookingstatements.
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