Uncommon Earth Breaking Information – Protection Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Appoints Man de Selliers de Moranville to the Board of Administrators; @defensemetals
VANCOUVER, BC – April 3, 2024 (Investorideas.com Newswire) Protection Metals Corp. (“Protection Metals” or the “Firm”) (TSX-V:DEFN / OTCQB:DFMTF/ FSE: 35D) is happy to announce the appointment of Mr. Man de Selliers de Moranville as a brand new director to the Board of Administrators. The Firm additionally pronounces the resignation of Dr. William H. Chook as a Director, who will stay as a uncommon earth components business advisor.
Learn this information, that includes DEFN in full at https://www.investorideas.com/information/2024/04031DEFN-Man-de-Selliers-de-Moranville.asp
Mr. de Selliers is a extremely skilled finance skilled with an illustrious profession. He began his profession on the World Financial institution within the mining division. He then joined Lehman Brothers in New York as Senior Vice President Worldwide Company Finance the place amongst different assignments he lined the Canadian mining sector. In 1990 he was a key member of the senior govt group concerned within the creation of the European Financial institution for Reconstruction and Growth Financial institution (EBRD). Following the EBRD he was CEO of MC-BBL, held an govt place with Robert Fleming and Co, suggested the European Fee on a lot of challenge together with co-Chairing with a joint Russian/European activity power for strategic power tasks.
He based in 2003 an advisory agency HCF Worldwide Advisors which grew to become the main unbiased monetary debt monetary advisor to the metals and mining sector.
All through his profession, Mr. de Selliers has been a board member of quite a few influential organizations together with Solvay Group, Ageas Group, AG Insurance coverage Belgium, Ivanhoe Mining, Superior Metallurgical Group AMG, Norilsk Nickel, Wimm Invoice Dann. He at present sits on the boards of I Pulse, a non-public high-tech firm in France, The Cranemere Group Ltd., a privately held monetary holding firm within the UK, and Radix, a think-tank for the Radical Heart (UK).
With a Grasp’s diploma in engineering and a Grasp’s diploma in economics from Louvain College in Belgium, Mr. de Selliers is broadly regarded for his numerous experience throughout varied sectors. His intensive information and expertise within the worldwide enterprise group make him a extremely precious asset to the Firm’s Board of Administrators.
Man de Selliers, Director, acknowledged:
“Having reviewed the Wicheeda challenge and in contrast it to many others and fascinating with the Protection Metals’ group, I’m assured that the Wicheeda REE challenge possesses the important qualities wanted to emerge as North America’s subsequent Uncommon Earth Mine. I eagerly anticipate collaborating with the board and executives to additional develop this strategic asset.”
Craig Taylor, CEO of Protection Metals, commented:
“The whole Board and Administration of Protection Metals are thrilled to welcome Man, a seasoned enterprise chief, as he helps steer us by way of the following part of improvement at Wicheeda. With Man on board, Protection Metals beneficial properties the experience of and information of an skilled govt with a confirmed monitor report in company governance, finance and challenge improvement. Moreover, on behalf of the whole Firm, I prolong honest gratitude to Invoice Chook for his substantial contributions over the previous two years and sit up for persevering with to work with him as an advisor.”
The Firm additionally pronounces it has granted an combination of 800,000 inventory choices to sure administrators and a marketing consultant of the Firm pursuant to the phrases of the Firm’s inventory possibility plan. The inventory choices are exercisable to amass widespread shares at an train value of $0.24 per widespread share for a interval of three years, vesting instantly.
About Protection Metals Corp. and its Wicheeda Uncommon Earth Factor Venture
Protection Metals Corp. is targeted on the event of its 100% owned, 8,301-hectare (~20,534-acre) Wicheeda REE Venture that’s situated on the standard territory of the McLeod Lake Indian Band in British Columbia, Canada.
The Wicheeda REE Venture, roughly 80 kilometres (~50 miles) northeast of the town of Prince George, is instantly accessible by a paved freeway and all-weather gravel roads and is near infrastructure, together with hydro energy transmission traces and fuel pipelines. The close by Canadian Nationwide Railway and main highways enable easy accessibility to the port amenities at Prince Rupert, the closest main North American port to Asia.
Protection Metals is a proud member of Discovery Group. For extra data please go to:
www.discoverygroup.ca.
For additional data, please go to www.defensemetals.com or contact:
Alex Heath
Vice President, Company Growth
Tel: 1 604-354-2491
Electronic mail: alex@defensemetals.com
Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this information launch.
Cautionary Assertion Concerning “Ahead-Wanting” Data
This information launch incorporates “forward-looking data or statements” throughout the that means of relevant securities legal guidelines, which can embrace, with out limitation, statements regarding advancing the Wicheeda REE Venture, the expectations and plans for the Wicheeda REE Venture, the technical, monetary and enterprise prospects of the Firm, its challenge and different issues. All statements on this information launch, aside from statements of historic information, that deal with occasions or developments that the Firm expects to happen, are forward-looking statements. Though the Firm believes the expectations expressed in such forward-looking statements are based mostly on affordable assumptions, such statements usually are not ensures of future efficiency and precise outcomes could differ materially from these within the forward-looking statements. Such statements and data are based mostly on quite a few assumptions concerning current and future enterprise methods and the setting by which the Firm will function sooner or later, together with the worth of uncommon earth components, the anticipated prices and expenditures, the power to attain its targets, that basic enterprise and financial circumstances won’t change in a fabric adversarial method, that financing shall be obtainable if and when wanted and on affordable phrases. Such forward-looking data displays the Firm’s views with respect to future occasions and is topic to dangers, uncertainties and assumptions, together with the dangers and uncertainties regarding the interpretation of exploration and metallurgical outcomes, dangers associated to the inherent uncertainty of exploration and improvement and price estimates, the potential for sudden prices and bills and people different dangers filed beneath the Firm’s profile on SEDAR+ (www.sedarplus.ca). Whereas such estimates and assumptions are thought of affordable by the administration of the Firm, they’re inherently topic to vital enterprise, financial, aggressive and regulatory uncertainties and dangers. Elements that would trigger precise outcomes to vary materially from these in ahead trying statements embrace, however usually are not restricted to, continued availability of capital and financing and basic financial, market or enterprise circumstances, adversarial climate and local weather circumstances, failure to keep up or receive all crucial authorities permits, approvals and authorizations, failure to keep up or receive group acceptance (together with First Nations), dangers regarding unanticipated operational difficulties (together with failure of apparatus or processes to function in accordance with specs or expectations, value escalation, unavailability of personnel, supplies and tools, authorities motion or delays within the receipt of presidency approvals, industrial disturbances or different job motion, and unanticipated occasions associated to well being, security and environmental issues), dangers regarding inaccurate geological, metallurgical, engineering and pricing assumptions, lower within the value of uncommon earth components, the affect of viruses and ailments on the Firm’s potential to function, restriction on labour and worldwide journey and provide chains, lack of key staff, consultants, officers or administrators, improve in prices, delayed outcomes, litigation, and failure of counterparties to carry out their contractual obligations. The Firm doesn’t undertake to replace forward-looking statements or forward-looking data, besides as required by regulation.
Protection Metals Corp. (TSX-V:DEFN /OTCQB:DFMTF) is a featured mining inventory on Investorideas.com
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