BC MOLY Appoints Corporate Secretary
BC MOLY APPOINTS CORPORATE SECRETARY
Vancouver, British Columbia – February 16, 2022 – BC Moly Ltd. (“BC Moly” or the “Company”) (NEX: BM.H)
is pleased to announce that its board of directors has appointed Jerry Wang, the current Chief Financial Officer, to
serve as Corporate Secretary of the Company. Mr. Wang’s appointment fills the vacancy created by the recent
resignation of Edward Yurkowski.
In addition, the Com pany has amended the terms of its previously announced non -brokered private placement (the
“Offering”). The terms of the Offering will remain the same as those disclosed in the Company’s press release dated
February 10, 2022, however, a portion of the Subscription Receipts will now be exchangeable for units, each unit
comprised of one Common Share that qualifies as a “flow-through share” within the meaning of the Income Tax Act
(Canada) and one Warrant (the “FT Subscription Receipts”). The proceeds raised from the sale of FT Subscription
Receipts will be used to incur “Canadian exploration expenses” that are “flow-through mining expenditures” (as such
terms are defined in the Income Tax Act (Canada)). Capitalized terms not otherwise defined herein have the meanings
attributed to them in the February 10, 2022 press release.
About BC Moly Ltd.:
BC Moly Ltd. is a Canadian mineral exploration company focused on the development of its Storie Property
molybdenum deposit. The Storie Property is situated about 6 km southwest of Cassiar, British Columbia. Cassiar is
located 15 km (by paved road) west of Highway 37 which provides access to Watson Lake, Yukon, to the north and
Dease Lake and Stewart, British Columbia, to the south.
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 release.
Additional Information
David D’Onofrio
BC Moly Ltd.
Chief Executive Officer and Director
416.643.3880
Cautionary Statements
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any
statements that are contained in this news release that are not statements of historical fact may be deemed to be
forward-looking statements. Forward -looking statements are often identified by terms such as “may”, “should”,
“anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions.
Forward-looking statements in this news release include but are not limited to: the ability of the Company to obtain
the approval of the NEX and TSXV in connection with the Offering; the Company’s ability to complete the Offering
Reactivation; and the ability of the Company to meet the escrow release.
Forward-looking statements are based on certain assumptions regarding the Company , including expected growth
results of operations, performance, continued approval of the Company’s activities by the relevant governmental
and/or regulatory authorities, industry trends, the Company attaining approval of the NEX and TSXV to complete the
Offering, the Company completing the Offering, and the Company meeting the escrow release conditions. While the
Company considers these assumptions to be reasonable, based on information currently available, they may prove to
be incorrect. Readers are cautioned not to place undue reliance on forward-looking statements.
Forward-looking statements also necessarily involve known and unknown risks, including, without limitation, risks
associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future
legislative and regulatory developments; inability to access sufficient capital from internal a nd external sources,
and/or inability to access sufficient capital on favourable terms; income tax and regulatory matters; competition; the
inability of the Company to obtain the approval of the NEX and/or TSXV in connection with the Offering ; the
Company’s inability to complete the Offering; the inability of the Company to meet the escrow release conditions;
the Company not utilizing the use of proceeds as outlined herein; and other risks. Readers are cautioned that the
foregoing list is not exhaustive. Re aders are further cautioned not to place undue reliance on forward -looking
statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will
occur. Such information, although considered reasonable by managem ent at the time of preparation, may prove to
be incorrect and actual results may differ materially from those anticipated. Forward- looking statements contained
in this news release are expressly qualified by this cautionary statement and reflect our expect ations as of the date
hereof, and thus are subject to change thereafter. 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. This news release has been approved by the board of directors of the Company. Factors that could
cause anticipated opportunities and actual results to differ materially include, but are not limited to, matters referred
to above and elsewhere in the Company’s public filings and material change reports that will be filed in respect of
the Offering, which are and will be available on SEDAR.