Metalite Announces the Appointment of Paul L. Jones as Chairman to the Board of Directors
Metalite Announces the Appointment of Paul L. Jones
as Chairman to the Board of Directors
Toronto, ON, August 16, 2023 – Metalite Resources Inc. (CSE:METL) (OTC PINK:JNCCF)
(Frankfurt:5VHA) (" Metalite" or the " Company") is pleased to announce the appointment o f
Mr. Paul L. Jones as Chairman to the Company’s board of directors. Mr. Jones replaces David
Kol who recently resigned.
Mr. Jones is a Professional Geoscientist with over 40 years of project management and corporate
experience in Canada and internationally. Paul has worked with more than 20 mineral
exploration and development companies in various positions including Senior Geologist, Vice -
President Explo ration, President , CEO and Chairman . He has broad corporate and technical
experience including project transactions, finance, regulatory and co mpliance standards and
obtained a B,Sc. in geology from Carleton University in 1982.
“We are very pleased t o have Paul join our management team.” said Dave Melling , CEO of
Metalite. “Paul brings decades of solid experience in the junior resource sector to the Company
which will be an asset going forward.” Mr. Melling continued “Paul’s experience and knowledge
adds depth to the Company’s management team and represents a ke y component ensuring our
future growth.”
About Metalite Resources Inc.
Metalite Resources Inc. is a Canadian junior mineral exploration issuer with battery metals-
focused ground in Liberia, West Africa and a precious metals-focused project in NSW, Australia.
along with various indicator minerals that occur along with these precious metals.
For further information please contact:
To learn more, please visit https://www.metaliteresources.com/ .
Forward-Looking Statements
This news release contains certain "forward -looking statements." All statements, other than
statements of historic fact, that address activities, events or developments that Metalite believes,
expects or anticipates will or may occur in the future are forward-looking statements. Forward-
looking statements are often, but not always, identified by the use of words such as "seek,"
"anticipate," "believe," "plan," "estimate, “expect," and "intend" and statements that an event or
result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar
expressions. These forward -looking statements reflect the current expectations or beli efs of
Metalite based on in formation currently available to Metalite. Forward -looking statements are
subject to a number of risks and uncertainties that may cause the actual results of Metalite to
differ materially from those discussed in the forward -looking statements, and even if such actual
results are realiz ed or substantially realized, th ere can be no assurance that they will have the
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expected consequences to, or effects on Metalite. Forward looking statements in this press
release include statements r egarding the Company's plans for its Liberian assets as w ell as
potential transactions in other jurisdictions. Factors that could cause actual results or events to
differ materially from current expectations include, among other things, failure to successfully
complete fin ancings, c apital and other costs varying significantly from estimates, p roduction
rates varying from estimates, changes in world mineral commodity markets, changes in equity
markets, uncertainties relating to the availability and c osts of financing needed in the future,
equipment failure, unexpe cted geological conditions, impr ecision in resource estimates, success
of future development initiatives, competition, operating performance of facilities, environmental
and safety risks, delays in obtaining or failu re to obta in tenure to properties and/or necessary
permits and approvals, and other development and operating risks. Any forward -looking
statement speaks only as of the date on which it is made and, except as may be required by
applicable securities laws, Metalite disclaims any intent or obligat ion to update any forward -
looking statement, whether as a result of new information, future events or results or otherwise.
Although Metalite believes that the assumptions inherent in the for ward-looking statements a re
reasonable, forward -looking statement s are not guarantees of future p erformance and
accordingly undue reliance should not be put on such statements due to the inherent uncertainty
therein.
Neither the Canadian Securities Exchan ge nor its Regulation Ser vices Prov ider accepts
responsibility for the adequacy or accuracy of this release