Ameriwest Lithium Announces Two Appointments Increasing Governance and Technical Expertise
LEGAL_36947196.3
Ameriwest Lithium Announces Two Appointments
Increasing Governance and Technical Expertise
Vancouver, British Columbia, August 19, 2021 (GLOBE NEWSWIRE) -- Ameriwest Lithium Inc.
(“Ameriwest” or the “Company”) (CSE: AWLI) (OTC: AMRWF) (FSE: 5HV0), a North American
lithium exploration and development company, is pleased to announce the appointments of Zig Hancyk,
PhD, to its Board of Directors, and Mr. Dennis P. Bryan to its Advisory Board.
Dr. Han cyk is an experienced senior executive, former CEO and management consultant who has
worked with a wide variety of clients in Canada, the US and globally. He specializes in strategic
planning and project management for companies and government organizations. He was named CEO
of the year by the Vancouver Island Advanced Technology Centre. His former roles include serving as
a d irector at Telus, CEO of Paretologic, Operations Advisor for Export Development Canada and
Director of the MBA Management Consulting Programs at Royal Roads and the University of Victoria.
Dr. Hancyk has extensive governance experience in both profit and non -profit sectors. In addition to
being a Board member of some high-tech companies, he was also on the Board of Governors at Ryerson
University in Toronto, the Vice Chair of the Co-operative Education Program Advisory Council at the
University of Victoria and was on the Academic Planning Board of the Technical University of British
Columbia (now part of Simon Fraser University). Dr. Hancyk was the Chair of the Vancouver Island
Chapter of the Canadian Association of Management Consultants and a Board member of the
Information and Communications Technology Council in Ottawa. He also served on the Academy for
Technology CEOs in Vancouver, the Industrial Training and Apprenticeship Commission of BC and
Saanich’s Governance Advisory Committee. He holds a PhD in Business Administration with a
specialization in Strategic Planning from Capella University in Minneapolis, and a Master of Business
Administration degree from the John Molson School of Business at Concordia University in Montreal.
Dr. Hancyk is also a Certified Management Consultant and he is qualified as a Certified General
Accountant in BC since 1990. He taught MBA courses as an adjunct professor at the University of
Ottawa, the University of Victoria and Royal Roads University.
Mr. Bryan is a registered professional geological engineer in Nevada and for much of his career he was
either an owner or manager of various consulting and geotechnical engineering firms. He previously
served as a Commissioner on the State of Nevada Commission on Mineral Resources from 2000 to
2019, representing Nevada’s small miner interests including that of the industrial minerals and
aggregate industries. He further served for ten years as Senior Vice President of Development for
Lithium Nevada Corporation (previously Western Lithium Corporation), a junior mining company that
is a wholly owned subsidiary of Lithium Americas Corporation. Lithium Nevada is developing one of
the world’s largest known lithium deposits, in hectorite clay, located in northern Nevada. Lithium
America also has a lithium brine resource in Argentina which is shortly planned to go into production.
Another wholly owned subsidiary is R eoMinerals that manufactures organoclays utilizing hectorite
from a property in Northern Nevada and other specialty clays from the western US. Mr. Bryan
managed Nevada operations, including permitting, water rights, public relations for the company, and
an extensive exploration drilling program that extended a portion of the historical lithium resource into
a reserve to supply a proposed 20,000 tons per year lithium carbonate production facility. He has found
and w o r k e d o n the development of several aggregate resources in the Western US, and at one
time was a co -owner of a lightweight aggregate operation he discovered in Arizona. Other industrial
mineral commodities with which he has done exploration and development work include cement raw
materials, diatomite, perlite, pozzolan, gypsum, clays, limestone, dimension stone, pumice and silica
sand. He earned his B.S., Geological Engineering, at South Dakota School of Mines and Technology,
in 1970, and an , M.S., Geology, at Mackay School of Mines, University of Nevada, Reno, in 1972.
David Watkinson, Ameriwest’s President & CEO, notes, “We are delighted to have both Zig and Dennis
join with us during this critical period of growth for the Company. Zig Hancyk is no stranger to mining
having grown up in Timmins Ontario and, as a young man, he worked stints at the McIntyre and Dome
LEGAL_36947196.3
gold mines, and then at Kidd Creek base metals mines, and from there he went on to work in Toronto
for Noranda Mines. Alongside his many other lifetime achievements he brings an remarkable wealth of
experience and knowledge as he assists our corporate governance and will further assist us by sitting
on our A udit Committee. Dennis brings an extraordinary set of technical skills and well-rounded
expertise alongside his in-depth understanding of the mining industry in Nevada. His background and
strategic relationships on the ground will prove extremely important in the months ahead. We welcome
them both to the team and look forward to working with them both.”
In conjunction with these appointments each of Dr. Hancyk and Mr. Bryan have each now been granted
a fully vested stock option to acquire an aggregate of up to 100,000 common shares of the Company at
an exercise price of $0. 82 per common share and expiring five years from the date of grant in
accordance with the provisions of the Company’s current stock option plan.
Ameriwest invites interested stakeholders and shareholders alike to visit its website and sign-up for
regular news alerts which will help provide timely updates of ongoing activities. Company management
believes strongly in regular communications, updates, and reports from the field, as an important aspect
of developing informative and useful engagement as the Company continues to help explore and
develop the exciting and rapidly evolving lithium sector.
On Behalf of the Board of Directors
David Watkinson
President and Chief Executive Officer
For further information, please contact:
Ameriwest Lithium Inquiries
Glenn Collick, Director
Tel: +1 (778) 868-2226
www.ameriwestlithium.com
About Ameriwest Lithium Inc. (CSE: AWLI) (OTC: AMRWF) (FSE: 5HV0)
Ameriwest Lithium Inc. is a Canadian-based exploration company with a focus on identifying strategic
lithium mineral resource projects for exploration and development. The Company is currently focused
on exploring the Deer Musk East property, located in th e prolific Clayton Valley, Nevada, totalling
5,600 acres, and the Railroad Valley property, totalling 6,200 acres. Additionally, Ameriwest’s current
resource portfolio includes the ESN Project, located in White Pine County, Nevada, and the Koster
Dam property, located in the Clinton Mining Division of British Columbia, in which Ameriwest has a
45% interest. For more information visit: https://ameriwestlithium.com/.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release may constitute forward‐looking information. Forward‐
looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”,
“estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking
information involves known and unknown risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in such forward‐looking information. The
Company’s actual results could differ materially from those anticipated in this forward‐looking
information as a result of regulatory decisions, competitive factors in the industries in which the
Company operates, prevailing economic conditions, changes to the Company’s strategic growth plans,
and other factors, many of which are beyond the control of the Company. The Company believes that
the expectations reflected in the forward‐looking information are reasonable, but no assurance can be
given that these expectations will prove to be correct and such forward‐looking information should not
be unduly relied upon. Any forward‐looking information contained in this news release represents the
LEGAL_36947196.3
Company’s expectations as of the date hereof and is subject to change a fter such date. The Company
disclaims any intention or obligation to update or revise any forward‐looking information whether as a
result of new information, future events or otherwise, except as required by applicable securities
legislation.
The Canadian Securities Exchange has not in any way passed upon the merits of the matters
referenced herein and has neither approved nor disapproved the contents of this news release.