Monumental Energy Corp. Announces Frank Jacobs to the Board of Directors
MONUMENTAL ENERGY CORP. ANNOUNCES
FRANK JACOBS TO THE BOARD OF
DIRECTORS
VANCOUVER, BC
,
Dec. 14, 2023
/CNW/ - Monumental Energy Corp. ("
Monumental
" or the
"
Company
") (TSXV: MNRG) (FSE: BE5) (OTCQB: MNMRF) is pleased to announce the
appointment of
Frank Jacobs
, New Zealand Energy Corp's largest shareholder and director, to the
board of Monumental Energy.
Max Sali
, Founder, Director and VP Corp Development comments "It is a great pleasure to add
Frank Jacobs
to our board of directors, especially as the largest shareholder of NZ Energy Corp.
His wealth of knowledge as a successful petroleum engineer brings a great deal of experience to our
board as we move toward multiple avenues of clean and green assets and investments. We are
privileged to be able to invest alongside Frank and drive value through this opportunity. I have always
said that anyone who puts their own capital towards an investment means that they demonstrate
their faith in what is bound to come and Frank as a highly successful individual gives us confidence
that this investment will be a success."
Frank completed degrees in Chemical and Petroleum Engineering from the HTS in
Breda, the
Netherlands
as well as the
University of Calgary
in
Alberta, Canada
. He has extensive upstream oil
and gas experience and served as a director and officer of a number of listed companies on both the
ASX and TSXV exchanges.
He was in the past specifically appointed to grow companies such as Cue Energy Resources, Cultus
Petroleum, Anzoil, Triangle Energy and PetroReal Energy Corporation. This was achieved through
acquisitions of producing properties as well as judicial, low risk exploration.
In 2015, Mr. Jacobs briefly was COO of TAG Oil, NZEC close neighbor and is familiar with the
operational environment of oil and gas fields in
New Zealand
.
About Monumental Energy Corp.
Monumental Energy Corp. is an exploration company focused on the acquisition, exploration, and
development of properties in the critical and clean energy sector. The Company has an option to
acquire a 75% interest and title to the Laguna cesium-lithium brine project located in
Chile
and a
50.01% interest in the Salar De Turi lithium project in
Chile
. The Company has an option to acquire a
100% interest in the Jemi HREE project located in
Coahuila, Mexico
near the
Texas, USA
border.
The Company owns securities of New Zealand Energy Corp.
On behalf of the Board of Directors,
/s/ "Michelle Dececco"
Michelle Dececco
,
Interim Chief Executive Officer and Director
Contact Information:
Email:
Or
Email:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this news release.
Forward Looking Information
This news release contains "forward–looking information or statements" within the meaning of
applicable securities laws, which may include, without limitation, the potential plans for the
Company's projects, other statements relating to the technical, financial and business prospects of
the Company, its projects and other matters. All statements in this news release, other than
statements of historical facts, that address events or developments that the Company expects to
occur, are forward-looking statements. Although the Company believes the expectations expressed
in such forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from those in the forward-
looking statements. Such statements are based on numerous assumptions regarding present and
future business strategies and the environment in which the Company will operate in the future,
including the price of metals, the ability to achieve its goals, that general business and economic
conditions will not change in a material adverse manner and that financing will be available if and
when needed and on reasonable terms. Such forward-looking information reflects the Company's
views with respect to future events and is subject to risks, uncertainties and assumptions, including
the risks and uncertainties relating to the interpretation of exploration results, risks related to the
inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and
expenses and those other risks filed under the Company's profile on SEDAR at
www.sedar.com
.
While such estimates and assumptions are considered reasonable by the management of the
Company, they are inherently subject to significant business, economic, competitive and regulatory
uncertainties and risks. Factors that could cause actual results to differ materially from those in
forward looking statements include, but are not limited to, continued availability of capital and
financing and general economic, market or business conditions, failure to secure personnel and
equipment for work programs, adverse weather and climate conditions, risks relating to
unanticipated operational difficulties (including failure of equipment or processes to operate in
accordance with specifications or expectations, cost escalation, unavailability of materials and
equipment, government action or delays in the receipt of government approvals, industrial
disturbances or other job action, and unanticipated events related to health, safety and
environmental matters), risks relating to inaccurate geological assumptions, failure to maintain all
necessary government permits, approvals and authorizations, failure to obtain surface access
agreements or understandings from local communities, land owners or Indigenous groups, fluctuation
in exchange rates, the impact of Covid-19 or other viruses and diseases on the Company's ability to
operate, an inability to predict and counteract the effects of COVID-19 on the business of the
Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital
market conditions, restriction on labour and international travel and supply chains, decrease in the
price of rare earth elements, lithium, cesium and other metals, loss of key employees, consultants,
or directors, failure to maintain community acceptance (including from the Indigenous communities),
increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The
Company does not undertake to update forward–looking statements or forward–looking information,
except as required by law.
SOURCE
Monumental Energy Corp.
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CNW 08:00e 14-DEC-23