CDN Maverick Corporate Update, Appointment of Director, President & COO
CSE: CDN
OTCQB: AXVEF
Frankfurt: 338B
CDN MAVERICK CORPORATE UPDATE,
APPOINTMENT OF DIRECTOR, PRESIDENT & COO
Vancouver, British Columbia – December 01, 2023 – CDN Maverick Capital Corp. (“Maver-
ick” or the “Company”) (CSE: CDN; OTCPINK: AXVEF; Frankfurt: A117RU) is pleased to
provide a corporate update encompassing significant developments regarding our investment in
Noram Lithium Corp’s Zeus Lithium Project, board and management changes and the Poncheville
Lithium Prospects in Quebec.
PONCHEVILLE LITHIUM PROSPECTS, JAMES BAY, QUEBEC
Preliminary results from rock samples collected at 1km approximate grid spacing during the first
ever reconnaissance pass on these very large grass roots properties during summer phase 1
traverses on the two Lithium projects indicate the existence of prospective ground for LCT Peg-
matites similar to those found in other prolific lithium bearing pegmatite fields in the Quebec Prov-
ince. Despite Lithium values of <100pmm were found in all samples, a considerable number of
them are above background levels (See figures 1 and 2).
Fig. 1 Chabinoch. Assay Results (Li ppm)
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Fig. 2: Poncheville. Assay Results (Li ppm)
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There is one sample (#2142210) that returned elevated REE values (71.1 ppm Ta, 388ppm Nb,
113 ppm Y and 1432 ppm Mn), that likely corresponds with Mn-Columbite-Tantalite, clearly indic-
ative of a rock forming mineral found in LCT pegmatites (See photo following text).
Photo 1: Pegmatite Sample 2142210 (71.1 ppm Ta, 388ppm Nb, 113 ppm Y and 1432 ppm Mn)
CSE: CDN
OTCQB: AXVEF
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CHANGE TO THE BOARD, MANAGEMENT
Maverick further announces a change to its Board by appointing Simon D. Studer as additional
Director of the company. Mr. Studer will also assume the role of President and Chief Operating
Officer. As part of the founding team of Maverick, Mr. Studer will report directly to Executive Chair-
man Sandy MacDougall and work alongside Chief Executive Officer Adam Cegielski in continuing
to effectively implement the Company's strategic vision.
"We look forward to bringing Simon onboard the Maverick team to enhance the positive momen-
tum we’ve established so far, " said Sandy MacDougall, Founder and Executive Chairman. "His
experience in Argentina and leadership in identifying and bringing the NOAL partnership to the
table, has brought significant value to the Company. We are confident that his skills will continue
to greatly benefit the Company as we expand and develop our projects."
Mr. Studer holds a master’s degree in Earth and Energy Resource Leadership from Queen's Uni-
versity in Kingston, Ontario. He brings relevant international expertise in the exploration business
to the company having worked on numerous lithium, copper, and gold exploration and develop-
ment projects in North and South America and being fluent in German, English, and Spanish.
"I am honored to join the Maverick team, which boasts a very experienced and accomplished
group of executives and professionals from the mining industry," said Simon Studer and continues
"we are aligned in our “shareholder first” values and I look forward to working closely with the
team to execute on the Company's business plan; driving the expansion and development of our
exploration projects and create sustainable value for our shareholders.”
NORAM LITHIUM INVESTMENT
The company secured a significant equity stake in Noram Lithium Corp. (“Noram”) (TSXV: NRM
| OTCQB: NRVTF | Frankfurt: N7R). Noram has provided an update on its 100% owned Zeus
Lithium Project, where it was recently completed a geological review of the Project (see news
release dated November 7, 2023) and prepares to drill a second potential high-grade zone at the
Zeus Lithium project located in Clayton Valley, Nevada. The results of the work highlighted the
potential for multiple high-grade layers below the known high-grade layer which outcrops at sur-
face and is the focus of the current mine planning for the Zeus Project
Qualified Person
Raul Sanabria, M.Sc., P.Geo., the qualified person for the Company as defined by Canadian
National Instrument 43- 101 has reviewed and approved the technical information contained in
this release.
ABOUT CDN MAVERICK CAPITAL CORP.
CDN Maverick Capital Corp. is a diversified exploration Company, with a core focus on lithium.
Electric Avenue Ontario: Northwind Lake Lithium Property
7,040 hectares in the “Electric Avenue”, an emerging lithium pegmatite exploration camp in the Red Lake area of
Ontario, near to Frontier Lithium’s PAK Lithium Project.
Jame Bay Quebec: Poncheville Lithium Prospects
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OTCQB: AXVEF
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Lithium pegmatite prospect spanning nearly 40,000 hectares across the Poncheville and Chabinoche properties
Rainbow Canyon Nevada:
The Company also owns the Rainbow Canyon Gold Project in Nevada
Investments
1. Holds 408,291 shares of NOAL Lithium Brines Inc., a lithium company actively working in the Lithium Triangle and
drilling its maiden resource in the area.
2. Holds over 1.6M shares in Noram Lithium Corp.; a lithium clay sands exploration and development Issuer located in
Clayton Valley Nevada with a significant lithium resource known as the Zeus project. Noram is working towards a
Prefeasibility Study.
As part of its ongoing efforts, CDN is actively expanding its critical minerals portfolio across the Americas, with a firm
commitment to sustainable and ESG-friendly investing and exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
Sandy MacDougall
Founder, Chairman, and Director
C: 778.999.2159
Adam Cegielski
CEO, Director
C: 905.510.8890
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This news release contains projections and forward - looking information that involve various risks and uncertainties regarding future
events. Such forward - looking information can include without limitation statements based on current expectations involving a number
of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could
cause the Company’s actual results to differ materially from those expressed or implied by such forward look ing statements; the
uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual
results and the Company's plans and objectives to differ materially from those expressed in the f orward-looking information. Actual
results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-
looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their
entirety by this notice. The Company assumes no obligation to update forward- looking information should circumstance or
management’s estimates or opinions change.
Neither the Canadian Securities Exchange (“CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the
CSE) accepts responsibility for the adequacy or accuracy of this release.