Vortex Metals Appoints Michael Williams as Interim Chief Executive Officer
Vortex Metals Appoints Michael Williams as
Interim Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - Vortex Metals Inc. (TSXV: VMS)
(FSE: DM8) (OTCQB: VMSSF) ("Vortex" or the "Company") today announced that its board of directors
has appointed Mr. Michael Williams as interim Chief Executive Officer, effective immediately. Mr.
Williams is a co-founder of Vortex Metals and the Company's Executive Chairman and brings more than
three decades of executive leadership experience in the junior mining industry. Mr. Vikas Ranjan will
continue in his role as President of Vortex Metals, working closely with Mr. Williams and the board of
directors. His focus on capital markets and corporate development will ensure continuity during the
leadership transition and support the Company's growth strategy.
Mr. Williams has been instrumental in founding, structuring and advancing several Toronto Stock
Exchange-listed companies in the resource sector. In addition to his roles at Vortex, Mr. Williams is the
founder and Executive Chairman of Aftermath Silver Ltd., a publicly listed company, with market cap in
excess of C$375 million. As Executive Chairman, he has held similar roles with numerous public
companies, including Underworld Resources Ltd., which was sold to Kinross Gold Corp. for
approximately $138 million in 2010.
He has developed an international banking and financing network that includes extensive contacts with
both institutional and retail investors, enabling him to raise significant capital for advanced exploration
and development projects worldwide.
"Michael has been deeply involved in the strategic direction of Vortex since its inception, and we are
confident that his leadership will ensure continuity as we advance our projects in Chile and Mexico," said
Vikas Ranjan, co-founder and director of Vortex Metals. Michael's appointment underscores the board's
commitment to advancing Vortex's high-potential assets," added Mr. Ranjan. "His stature and
experience, coupled with our strong project portfolio in Mexico and Chile, position Vortex to deliver
significant value for our shareholders and stakeholders."
"I am pleased to step into the role of interim Chief Executive Officer," stated Michael Williams. "Vortex
has assembled a compelling portfolio of copper-gold exploration assets, and I look forward to working
closely with our team and stakeholders to unlock the value of our projects for the benefit of shareholders
and the communities in which we operate."
Vortex's flagship projects include the
Riqueza Marina
and
Zaachila
properties in Oaxaca, Mexico.
These projects consist of four exploration concessions covering
15,308 hectares
within an
underexplored volcanogenic massive sulphide (VMS) district. Five high-potential target areas have been
identified based on geology, geochemistry and geophysics. Improved infrastructure, including access
roads and proximity to a major port, combined with high-grade mineralized outcrops and geophysical
anomalies, make these concessions promising for a significant copper-gold VMS discovery.
In
Chile
, the Company's
Illapel Copper Project
is a brownfield property with demonstrated high-grade
mineralization. Phase 1 drilling conducted last year confirmed copper-silver and gold-copper
mineralization. With multiple surface expressions of copper, a growing list of geophysical targets, and
indications of IOCG and gold-bearing vein systems, the Company believes Illapel holds significant
discovery potential.
About Vortex Metals Inc.
Vortex Metals Inc. is a copper-gold focused exploration and development company with a diversified
portfolio of exploration projects in Chile and Mexico. Vortex holds an option to acquire up to 80% interest
in the brownfield Illapel Copper Project in Chile and through its Mexican subsidiary Empresa Minera
Acagold, S.A. de C.V., it owns 100% interest in two drill-ready high-potential copper-gold volcanogenic
massive sulfide (VMS) properties, Riqueza Marina and Zaachila, in Oaxaca, Mexico. The Company
emphasizes responsible exploration, community engagement, and environmental stewardship to meet
the rising global demand for copper.
Contact Information:
Vikas Ranjan, President and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Forward-Looking Statements
This release includes statements and information that may constitute forward-looking information
within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future
events or future performance and reflect the expectations or beliefs of management of the Company
regarding future events. Generally, forward-looking statements and information can be identified by
the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words
and phrases or statements that certain actions, events or results "may", "could", "should", "would" or
"occur". This information and these statements, referred to herein as "forward-looking statements", are
not historical facts, are made as of the date of this news release and include without limitation,
statements regarding discussions of future plans, estimates and forecasts and statements as to
management's expectations and intentions with respect to, among other things, the intended use of
proceeds raised under the Offering and the receipt of final regulatory approval from the TSXV.
These forward-looking statements involve numerous risks and uncertainties and actual results might
differ materially from results suggested in any forward-looking statements. These risks and
uncertainties include, among other things, that the Company will not receive the required regulatory
approvals or approval from the TSXV in connection with the Offering and that the Company will not
use the proceeds of the Offering as currently anticipated.
In making the forward looking statements in this news release, the Company has applied several
material assumptions, including without limitation, that the Company will use the proceeds of the
Offering as currently anticipated and that the Company will receive approval from the TSXV in
connection with the Offering. Although management of the Company has attempted to identify
important factors that could cause actual results to differ materially from those contained in forward-
looking statements or forward-looking information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue reliance on forward-looking statements
and forward-looking information. Readers are cautioned that reliance on such information may not be
appropriate for other purposes. The Company does not undertake to update any forward-looking
statement, forward-looking information or financial outlook that are incorporated by reference herein,
except in accordance with applicable securities laws.
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