Apogee Minerals Announces Appointment of New Interim CEO
Suite 1610 –777 Dunsmuir Street, Vancouver, BC, Canada, V7Y1K4
TSX-V Trading Symbol: APMI
Email: [email protected]
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
August 14th, 2023
News Release
Apogee Minerals Announces Appointment of New Interim CEO
August 14th, 2023, Vancouver, British Columbia – Apogee Minerals Ltd. (“Apogee” or the
“Company”) (TSXV: APMI) is pleased to announce the appointment of Mr. Tim Fernback as
Interim President and Chief Executive Officer. Mr. Fernback remains the CFO for Apogee.
Mr. Fernback previously ran the technology consulting practice for a British Columbia venture
capital firm specializing in financing and consulting to technology -based start-up ventures, and
went on to run the investment banking and corporate finance departments for Wolverton
Securities Ltd. Mr. Fernback provides strategic consulting services to several technology and
mineral exploration companies, including in the areas of business planning and analysis, supply
chain management, capital markets support, corporate finance, and mergers and acquisitions.
Over his successful multi -decade career in both venture capital and finance, Mr. Fernback has
served in a variety of roles including CEO, COO and CFO of different junior resource companies
listed on the TSXV, TSX, ASX and OTCQB public markets.
Mr. Fernback holds an Honours B.Sc. from McMaster University and is a graduate of the Sauder
School of Business at the University of British Columbia, where he completed an MBA with a
concentration in Finance. Tim Fernback holds a Chartered Professional Accounting designation
(CPA, CMA) and is an active member of the CPA of Britis h Columbia and other industry
associations within Canada.
James Pettit has been appointed as Executive Chairman will remain a Director of Apogee.
About Apogee Minerals Ltd.:
Apogee Minerals Ltd. is a mineral exploration company. Our goal is to build shareholder value
through mineral project acquisitions and advancement, as well as new mineral discoveries.
To find out more about Apogee Minerals Ltd. (TSX-V: APMI) visit the Company’s website:
www.apogeemineralsltd.com
Apogee Minerals Ltd.
“Jim Pettit”
James Pettit
- 2 -
Executive Chairman and Director
For further information, please contact:
Apogee Minerals Ltd.
Riley Trimble, Director
Email: [email protected]
Tel: (604) 416-2978
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of
the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statements Regarding Forward-Looking Information
This news release contains forward-looking information within the meaning of Canadian securities
laws. Such information includes, without limitation, information regarding the structure of the
Proposed Transaction, the terms and conditions of the Proposed Transaction, the Consolidation,
the Name Change, the terms of the Financing. the composition of the board of directors and
officers of the Resulting Issuer upon completion of the Proposed Transaction, the intention of the
parties to seek a sponsorship exemption or waiver, the issuance of subsequent news releases,
and Alto Verde’s future exploration plans. Although the Company believes that such information
is reasonable, it can give no assurance that such expectations will prove to be correct.
Forward looking information is typically identified by words such as: “believe”, “expect”,
“anticipate”, “intend”, “estimate”, “postulate” and similar expressions, or are those, which, by their
nature, refer to future events. The Company cautions investors that any forward -looking
information provided by the Company is not a guarantee of future re sults or performance, and
that actual results may differ materially from those in forward looking information as a result of
various factors, including, but not limited to: the Company’s ability to complete the Proposed
Transaction; the expected timing and terms of the Proposed Transaction and the Financing; the
state of the financial markets for the Company’s securities; the state of the natural resources
sector in the event the Proposed Transaction is completed; recent market volatility and potentially
negative capital raising conditions resulting from the continued COVID -19 pandemic and risks
relating to the extent and duration of such pandemic and its impact on global markets; the
Company’s ability to raise the necessary capital or to be fully able to im plement its business
strategies; and other risks and factors that the Company is unaware of at this time.
The forward-looking statements contained in this news release are made as of the date of this
news release. 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
required by law.
The securities referred to in this news release have not been, nor will they be, registered under
the United States Securities Act of 1933, as amended, and may not be offered or sold within the
United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an
applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities, nor a solicitation for offers to
buy any securities.