Corporate Update – Board Appointment and Stock Option Grant
NEWS RELEASE FEBRUARY 1ST, 2019
CORPORATE UPDATE – BOARD APPOINTMENT AND STOCK OPTION GRANT
Vancouver, BC, February 1st, 2019 – iMetal Resources Inc. (TSX.V: IMR) (“iMetal” or the “Company”) is pleased to announced that Mr. Satvir (Saf) Dhillon has been appointed to its Board of Directors.
Mr. Dhillon who was welcomed to the Board of Directors as of December 5th, 2018 and has been involved in the development of companies primarily listed on the TSX Venture Exchange for about 20 years. He has held a variety of positions including investor relations, business development, senior management and board directorships.
As part of the management team at U.S. Geothermal Inc., (NYSE MKT: HTM), during his 12-year tenure there, the market capitalization increased from $2 million to $250 million and it successfully became an Independent Power Producer. Mr. Dhillon is currently the President/CEO and Director of Glacier Lake Resources Inc. (TSXV: GLI) and he also sits on the Board of Equatorial Exploration Corp. (TSXV: EXX), UC Resources Ltd. (TSXV: UC.H), Earl Resources Ltd. (TSXV: ERL), E.S.I. Environmental Sensors Inc. (TSXV: ESV.H) as well as providing his skills and knowledge to several other private and public companies.
On December 13th, 2018 The Company granted 200,000 stock options at $0.11 to a director of the Company, the options shall vest immediately with an expiry date of December 13th, 2023 and are subject to TSX Venture Exchange Approval.
This Press Release was prepared by iMetal Resources Inc. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
ON BEHALF OF THE BOARD OF DIRECTORS
Johan Grandin
President & CEO,
Tel. (604-739-9713
iMetal Resources Inc.
510-580 Hornby St., Vancouver, BC, V6C 3B6