Appia Appoints Stephen Burega as President
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Suite 500 - 2 Toronto St.
Toronto ON, M5C 2B6
PH: 416 546-2707
FAX: 416 218-9772
Email: [email protected]
Website: www.appiareu.com
APPIA ANNOUNCES APPOINTMENT OF STEPHEN BUREGA AS PRESIDENT
TORONTO, ONTARIO – January 4th, 2023 – Appia Rare Earths & Uranium Corp. (the “Company” or
“Appia”) (CSE:API) (OTCQX:APAAF) (Germany: “A0I:F”, “A0I.MU”, “A0I:BE”) is pleased to
announce that Mr. Stephen Burega has been appointed President of the Company effective immediately.
Stephen will be working alongside CEO, Tom Drivas as Appia moves forward with its continuing
development of core rare earths and uranium assets in Canada.
Mr. Burega has held senior resource management roles working internationally and has a strong
technical knowledge of exploration operations and the North American and European financial markets.
Stephen has led the development of market awareness, sales campaigns and raised public and private
capital across various natural resources assets while developing innovative investment solutions to
promote ESG criteria.
Mr. Burega also holds the position of CEO and President at Romios Gold Resources, and has already
worked closely with much of the Appia team and Board members which will allow him to hit the ground
running as the Company develops plans for the 2023 season.
Tom Drivas, CEO of Appia commented: “We are delighted that Stephen has agreed to join the team at
Appia as the company’s new President. We have an extraordinary Canadian story to tell, and Stephen is
well-suited to engage with our stakeholders to further build market awareness and momentum as we
move our core assets forward.”
“I am very happy to be part of this great company,” said Appia’s new President, Stephen Burega, “and my
mandate is to be highly focussed on operational planning moving forward. Appia’s asset potential is well
known and I expect the coming year will likely prove to be transformational as we move toward the
development of a maiden resource estimate at our flagship Alces Lake critical rare earth elements
(“CREE”) project at Alces Lake, and to leverage our potential positioning as uranium continues to build
momentum in most energy conversations.”
Mr. Burega’s appointment as President is subject to acceptance by the Canadian Securities Exchange
(CSE). As part of his compensation, Mr. Burega has been granted 1,000,000 stock options exercisable at
$0.35 per share for five years vesting over a period of one year.
About Appia Rare Earths & Uranium Corp.
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company
is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake
property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside,
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Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration
for 110,997 hectares (274,280 acres) in Saskatchewan. The Company also has a 100% interest in 12,545
hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the
Elliot Lake Camp, Ontario.
Appia has 130.5 million common shares outstanding, 153.8 million shares fully diluted.
Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking
statements which are typically preceded by, followed by or including the words “believes”, “expects”,
“anticipates”, “estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are
not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not
intend and do not assume any obligation to update these forward- looking statements and shareholders are
cautioned not to put undue reliance on such statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies
of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Tom Drivas, CEO and Director, (cell) 416-876-3957, or (email) [email protected]
Stephen Burega, President (cell) 416-515-3734, or (email) [email protected]
Frank van de Water, Chief Financial Officer and Director, (tel) 416-546-2707, or (email)