Lancaster Resources Reports Director Resignation and Executive Changes
Lancaster Resources Reports Director Resignation and Executive Changes
Vancouver, British Columbia – June 23, 2023: Lancaster Resources Inc. (CSE:LCR) (OTC Pink:LANRF)(FRA:6UF) (“Lancaster” or the “Company” reports that Rob Tessarolo has stepped down from his role asa director along with certain adjustments in executive positions.
Heather Williamson steps down today as VP of Corporate Finance and corporate secretary, however, shewill retain her position on the board of directors. Rick Huang will supplement his duties as CFO with therole of corporate secretary.
Rob Tessarolo has decided to depart in order to devote his attention to endeavors in the pharmaceuticalindustry. The Company expresses its gratitude for his valuable contributions to the board.
About Lancaster Resources Inc.Lancaster Resources is engaged in exploring energy transition metals, particularly lithium, to takeadvantage of the global shift towards decarbonization and electrification. Its goal is to identify, acquire,explore, and develop high-quality mineral-rich properties, integrating sustainable energy sources andinnovative technologies for climate-positive resource production. The Company holds exclusive rights toacquire a 100% interest in the Alkali Flat lithium brine project situated in Lordsburg, New Mexico, USA.
Penny White, President & Chief Executive Officer, Lancaster Resources [email protected]: 604 923 6100
www.lancaster-resources.com
The Canadian Securities Exchange has not reviewed, approved nor disapproved the contents of this newsrelease.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. Thesestatements relate to future events, or Lancaster’s future performance. The use of any of the words“could”, “expect”, “believe”, “will”, “projected”, ”estimated” and similar expressions and statementsrelating to matters that are not historical facts are intended to identify forward-looking information andare based on Lancaster’s current belief or assumptions as to the outcome and timing of such futureevents. Actual future results may differ materially. In particular, the ability of Lancaster to execute itsexploration plans, retain key personnel, identify, acquire, explore, and develop high-quality mineral-richproperties and integrate sustainable energy sources and innovative technologies for climate-positiveresource production constitute forward-looking information. Actual results and developments may differmaterially from those contemplated by forward-looking information.
Readers are cautioned not to place undue reliance on forward-looking information. The statements madein this press release are made as of the date hereof. Lancaster disclaims any intention or obligation to
publicly update or revise any forward-looking information, whether as a result of new information, futureevents or otherwise, except as may be expressly required by applicable securities laws.