CMC Announces Appointment of New CEO, Changes to its Officers and New Director to its Board
CMC METALS LTD.
Suite 605 – 369 Terminal Avenue Vancouver, BC, V6A 4C4 Phone (604) 605-0166 / Fax (604) 692-0117 Website: www.cmcmetals.ca
NEWS RELEASE
TSX-V: CMB March 7, 2019 PK: CMCXF Frankfurt: ZM5N
CMC Announces Appointment of New CEO, Changes to its Officers and New Director to its Board
| Vancouver, B.C.: CMC Metals Ltd. (the “Company”) | wishes to announce that Kevin Brewer has been appointed to |
| the position of President and Chief Executive Officer of the Company. Mr. Brewer, is a registered professional | |
| geoscientist with over 30 years of progressive managerial positions and extensive exposure to all aspects of | |
| exploration, project management, environment management and mine engineering. He joined the Company’s Board | |
| at its last Annual General Meeting held July 19, 2018. |
The Company further wishes to announce that Graham Chisholm has been appointed to the position of Corporate Secretary. Mr. Chisholm, a Chartered Secretary, A.C.I.S., is a seasoned mining and business executive with experience in public company governance, overseeing exploration and start-ups. He joined the Company’s Board on March 1, 2018. Mr. Chisholm is also the acting President and Chief Executive Officer of the Company’s wholly owned subsidiary company, 0877887 BC Ltd., and oversees the Company’s US operations.
The Company further wishes to announce the addition of Mr. Arif Merali to the Company’s Board of Directors.
Michael C. Scholz, Chairman of the Board of the Company states “We are very happy to have Kevin Brewer and Graham Chisholm take on these new roles as senior officers of the Company, and Arif Merali joining our team as a new Director. Kevin and Graham bring a high level of experience in mining and project implementation with Arif bringing much needed corporate relations expertise.”
About CMC Metals.
CMC Metals Ltd. is a mineral exploration company focused on opportunities in the United States and Canada that offer potential for near-term cash flow. The Company is led by a seasoned team with experience developing assets to production. The Company’s Silver Hart Property is a Silver-Lead-Zinc asset located in the Yukon, 132 km west of Watson Lake, and covers 2,200 hectares and 116 Contiguous and partial claims. 0877887 BC Ltd. also owns a mill facility in Bishop, California.
On behalf of the Board:
“Michael C. Scholz”
Michael Scholz, Director CMC METALS LTD.
For more information and to be added to CMC's news distribution list, please send an email to [email protected] or call Mr. Michael Scholz at 604-605-0166.
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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 release.
“This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company’s filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.”