Canada Nickel’s NetZero Metals Subsidiary Announces Formation of Advisory Board of Global Metallurgical Leaders and Management Appointment
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Canada Nickel’s NetZero Metals Subsidiary Announces
Formation of Advisory Board of Global Metallurgical Leaders
and Management Appointment
TORONTO, September 17, 2024 – Canada Nickel Company Inc. ("Canada Nickel" or the "Company")
(TSXV: CNC) (OTCQX: CNIKF) has announced the appointment of an Advisory Board for NetZero Metals
Inc. to support the advancement of its nickel , stainless-steel and alloy processing facilities that are
planned for the Timmins District. The Company also announced the appointment of Scott Lauschke as
Vice-President Business Development with NetZero Metals.
The Advisory Board will include Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel, and Tony
Warner. These industry experts bring a wealth of experience in the nickel , stainless and alloy steel
sectors.
Canada Nickel Company’s Chief Executive Officer, Mark Selby, said, “Today’s announcement is a
significant endorsement of our downstream processing initiatives. NetZero Metals has assembled an
impressive advisory board with extensive metallurgical, stainless and alloy steel experience. We are
thrilled to welcome Scott to the team as Vice-President of NetZero Metals. His extensive experience in
the stainless and alloy steel market complements our nickel industry experience. Scott and the
Advisory Board will be instrumental as we progress our downstream processing projects through the
Feasibility Study stage and ultimately into production.”
Biographies:
Dr. Ulrich Albrecht Frueh has over 35 years stainless steel industry experience, during which time he
held senior leadership and board positions in North America and Europe at Thyssenkrupp and
Outokumpu and led the development of the latest large scale greenfield stainless steel o peration in
North America. Ulrich works as an international management consultant, speaker and mentor and he
serves on Boards of Directors across a range of industries.
Boyd Davis has over thirty years experience in the field of new process development. Boyd is Principal
at Kingston Process Metallurgy Inc. which provides process development and optimization, through
contract research and development services to chemical, mining, and metallurgical
industries. Kingston Process Metallurgy has played an important role in the development of Canada
Nickel’s IPT Carbonation and nickel processing processes.
Christian Hempel is Chief Executive Officer at Hempel Intermétaux S.A, a Swiss-based trading company
in a variety of commodities with over 30 years of experience in the industry. Christian has served as
president of the International Iron Metallics Association, where he successfully merged IPIA and HBIA
into IIMA, which elevated the organisation to be one of the leaders in the global iron and metals
industry.
Tony Warner has over 50 years of base metal pyrometallurgical industrial experience in Operations,
R&D and Engineering, retiring in 2005 from Inco Ltd (now Vale) after 35 years. Since 2005, he has
worked for Worley Toronto and is currently Director of Metallurgy Smelting and Refining.
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Scott Lauschke has joined as Vice -President Business Development. He is a metallurgical engineer
with 27 years experience in stainless and alloy steels. He has held senior leadership roles in sales and
market development with steel companies including AK Steel (now Cleveland Cliffs), and Timken Steel
(now Metallus), and Republic Steel.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel -sulphide projects to deliver
nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel
Company has applied in multiple jurisdictions to trademar k the terms NetZero Nickel TM, NetZero
CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net
zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel
in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship
Crawford Nickel Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more
information, please visit www.canadanickel.com.
For further information, please contact:
Mark Selby, CEO
Phone: 647-256-1954
Email: [email protected]
Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward -looking information"
under applicable Canadian securities legislation. Forward looking information includes, but is not
limited to, the construction of processing facilities, the ability of the Company to deliver nickel required
to feed the high growth electric vehicle and stainless steel markets, and the development of processes
to allow the production of net zero carbon nickel, cobalt, and iron products. Readers should not place
undue reliance on forward looking statements. Forward -looking statements involve known and
unknown risks, uncertainties and other factors which may cause the actual results, performance or
achievements of Canada Nickel to be materially different from any f uture results, performance or
achievements expressed or implied by the forward-looking statements. There are no assurances that
Crawford will be placed into production. Factors that could affect the outcome include, among others:
inability to repay the loa n or comply with the covenants set out in the loan agreement; the actual
results of development activities; project delays; inability to raise the funds necessary to complete
development; general business, economic, competitive, political and social uncertainties; future prices
of metals or project costs could differ substantially and make any commercialization uneconomic;
availability of alternative nickel sources or substitutes; actual nickel recovery; conclusions of economic
evaluations; changes in applicable laws; changes in project parameters as plans continue to be refined;
accidents, labour disputes, the availability and productivity of skilled labour and other risks of the
mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental
approvals, necessary permitting or in the completion of development or construction activities;
mineral resource estimates relating to Crawford could prove to be inaccurate for any reason
whatsoever; additional but currently unfo reseen work may be required to advance to the feasibility
stage; and even if Crawford goes into production, there is no assurance that operations will be
profitable. Although Canada Nickel has attempted to identify important factors that could cause actual
actions, events or results to differ materially from those described in forward -looking statements,
there may be other factors that cause actions, events or results to differ from those anticipated,
estimated or intended. Forward-looking statements contained herein are made as of the date of this
news release and Canada Nickel disclaims any obligation to update any forward looking statements,
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whether as a result of new information, future events or results or otherwise, except as required by
applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Excha nge) accepts responsibility for the adequacy or
accuracy of this release.