Clean Air Metals Announces Management Changes
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Clean Air Metals Announces Management Changes
Thunder Bay, ON, May 10, 2024 – Clean Air Metals Inc. (“Clean Air Metals” or the
“Company”) (TSXV: AIR; FRA: CKU; OTCQB: CLRMF) announces the following senior
management changes.
Dr. Geoff Heggie, VP of Exploration has left the company to pursue other opportunities.
Dr Heggie was instrumental in executing the infill drilling program that added significant
ounces to the Escape Deposit. We thank Geoff for his service over the past years and
wish him the best in his future endeavours.
Dr. Lionnel Djon joins Clean Air Metals as the new VP of Exploration. Dr. Djon, who most
recently led the exploration team at Impala Canada, brings a wealth of relevant experience
and a track record of success. His leadership resulted in significant mineral resource
increases at the Lac des Iles mine through discoveries at depth and adjacent to the known
deposit. He is an expert in applying advanced geochemical and geophysical techniques
and the application of machine learning and Artificial Intelligence to exploration targeting
and modelling.
Dr. Djon received his Master’s in Earth Sciences from the University of Quebec, his PhD
in Geology from Queens University and his Executive MBA from the School of
Management, UQAM, Quebec.
Jim Gallagher, CEO, commented: “We are very pleased to have Lionnel bring his unique
PGM expertise to the Clean Air team. His knowledge of Northwestern Ontario deposits
and his track record of success in applying advanced techniques to identify and discover
Platinum, Palladium, Nickel, and Copper deposits are very relevant to our company’s two
strategic goals: continuing to expand the Thunder Bay North deposit and adding other
complementary exploration assets to our portfolio.”
Kris Tuuttila PGeo, B.Sc, has been promoted to VP of Sustainability and Community
Relations from his current role as Director. Kris has 20 years of leadership experience in
environmental consulting across Canada. He has directed multidisciplinary environmental
projects and impact assessments relating to various stages of mine development in
Northern Ontario. Kris has established meaningful and respectful relations with numerous
Aboriginal communities throughout the north, having been instrumental in signing several
partnership agreements to advance reconciliation.
Jim Gallagher commented: “Kris’s promotion is not only a recognition of the excellent work
he has done for Clean Air Metals over the last few years but also of the critical importance
of his portfolio to the company's future success. The Clean Air Team believes that true
reconciliation with all aboriginal communities, particularly communities with traditional
territory and treaty rights, requires real business partnerships, including potential equity
ownership of the assets. This is a key initiative that Kris is leading.”
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Mia Boiridy, MSc. joins the Company as Director of Communications and Investor
Relations. Mia is a seasoned executive, having held senior management positions at
several Canadian junior exploration companies over the last ten years. She will be
responsible for the company's communication and marketing activities, developing and
growing relationships with stakeholders, and being the primary point of contact for
investors, analysts, and the media. Mia holds a BSc. Geology (Honours) and an MSc.
Geochemistry from McGill University.
“Ongoing communication with the public, shareholders and other interested parties is key
to Clean Air Metals’ success. Mia brings a wealth of experience and skills that will be
instrumental as we continue to develop our Thunder Bay North Project and grow our
assets,” noted Mike Garbutt, COO of Clean Air Metals.
Company Update
The leadership team is reviewing the potential for acquiring other PGM, Cu, and Ni assets
throughout Northern Ontario, with numerous assets currently being investigated. There is
no certainty that any of these investigations will lead to a business relationship, and the
Company will only report further when a material transaction has been approved by the
Board of Directors.
Qualified Person
Mike Garbutt, PEng, a Qualified Person under National Instrument 43-101 and the
Company's Chief Operating Officer, has reviewed and approved all technical information
in this press release.
Social Engagement
Clean Air Metals Inc. and its wholly owned subsidiary Panoramic PGMs (Canada) Ltd.
acknowledge that the Thunder Bay North Critical Minerals Project is on the traditional
territories of the Fort William First Nation, Red Rock Indian Band and Biinjitiwabik Zaaging
Anishinabek. The parties together are the Cooperating Participants in a Memorandum of
Agreement dated January 9, 2021 (press release January 11, 2021) and an Exploration
Agreement signed April 13, 2022 (press release April 14, 2022).
The Company appreciates the opportunity to work in these territories and remains
committed to the recognition and respect of those who have lived, travelled, and gathered
on the lands since time immemorial. Clean Air Metals is committed to stewarding
Indigenous heritage and building, fostering and encouraging a respectful relationship with
First Nations and Métis peoples based on principles of mutual trust, respect, reciprocity
and collaboration in the spirit of reconciliation.
About Clean Air Metals Inc.
Clean Air Metals is a development and exploration company advancing its flagship, 100%
owned Thunder Bay North Critical Minerals (“TBN”) project, 40 km northeast of Thunder
Bay, Ontario. The TBN project, accessible by road and next to established infrastructure,
hosts two (2) deposits - the Current and Escape deposits, only 2.5 km apart. Together,
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the deposits host a 13.8 Mt indicated mineral resource containing 2.4M Pt eq. oz
(Technical Report on the Thunder Bay North Project, Ontario Canada, NI43-101, SLR
Consulting Canada Ltd, June 19, 2023) with significant potential for expansion down-
plunge.
One of the rare primary platinum resources outside of South Africa, the TBN project is in
a stable and mining-friendly jurisdiction and benefits from longstanding relationships with
local First Nations. With its proven technical team, Clean Air Metals is committed to
growing the resources at the TBN project and creating long-term value for shareholders.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Gallagher"
Jim Gallagher, Chief Executive Officer of Clean Air Metals Inc.
For further information, please contact:
Jim Gallagher, Chief Executive Officer of Clean Air Metals Inc.
Phone: 705 690 7997
Email: [email protected]
Website: www.cleanairmetals.ca
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.
Cautionary Note
The information contained herein contains "forward-looking statements" within the
meaning of applicable securities legislation. Forward-looking statements relate to
information based on assumptions of management, forecasts of future results, and
estimates of amounts not yet determinable. Any statements that express predictions,
expectations, beliefs, plans, projections, objectives, assumptions or, future events or
performance are not statements of historical fact and may be "forward-looking
statements." Forward-looking statements are subject to a variety of risks and uncertainties
which could cause actual events or results to differ from those reflected in the forward-
looking statements, including, without limitation: political and regulatory risks associated
with mining and exploration; risks related to the maintenance of stock exchange listings;
risks related to environmental regulation and liability; the potential for delays in exploration
or development activities or the completion of feasibility studies; the uncertainty of
profitability; risks and uncertainties relating to the interpretation of drill results, the geology,
grade and continuity of mineral deposits; risks related to the inherent uncertainty of
production and cost estimates and the potential for unexpected costs and expenses;
results of prefeasibility and feasibility studies, and the possibility that future exploration,
development or mining results will not be consistent with the Company's expectations;
risks related to commodity price fluctuations; and other risks and uncertainties related to
the Company's prospects, properties and business detailed elsewhere in the Company's
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disclosure record. Should one or more of these risks and uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements. Investors are cautioned against attributing
undue certainty to forward-looking statements. These forward-looking statements are
made as of the date hereof, and the Company does not assume any obligation to update
or revise them to reflect new events or circumstances except in accordance with applicable
securities laws. Actual events or results could differ materially from the Company's
expectations or projections.