New Age Metals Appoints New Addition to Advisory Board
New Age Metals TSX-V: NAM OTCQB: PAWEF
101-2148 W 38th Ave, Vancouver BC, V6M 1R9 [email protected]
+1.604.685.1870 www.newagemetals.com
New Age Metals Appoints New Addition to Advisory Board
June 22nd, 2017 Vancouver, Canada – New Age Metals Inc. (TSX.V: NAM; OTCQB:
PAWEF; FSE: P7J.F) The Company is pleased to add Mr. Ali Zamani to the Strategic Advisory
Board. Chairman & CEO Harry Barr stated; “The Board of Directors and management are
pleased to have Mr. Zamani join our Advisory Board. Mr. Zamani is a well-respected
investment banker in New York and has also served in various capacities on public company
boards. We look forward to working closely with Ali and developing NAM’s projects”.
Ali Zamani has served as the Managing Partner of Overlook Investments
LLC since January 2016 and currently serves on the boards of Applied
Minerals, Mexican Gold Corp and Rejuvenan Global Health. Prior to
Overlook Investments, Mr. Zamani served as a Portfolio Manager at
Gefinor Capital Management and as Chief Investment Officer of the GEF
Opportunities Fund from 2014-2015. From 2012-2013, Mr. Zamani was
a Principal at SLZ Capital Management. Prior thereto, he was a Portfolio
Manager at Goldman Sachs & Co from 2004 to 2012 responsible for
managing the firm's proprietary investments in publicly traded mining
and materials companies. Prior to Goldman Sachs & Co, Mr. Zamani was an Investment Banker
focused on mergers and acquisitions at Dresdner Kleinwort Wasserstein. Mr. Zamani holds a
B.S. in economics from the Wharton School at the University of Pennsylvania.
ABOUT NAM’S PGM DIVISION
NAM’s flagship project is its 100% owned River Valley PGM Project ( NAM Website – River
Valley Project ) in the Sudbury Mining District of NW Ontario (100 km east of Sudbury,
Ontario). Presently the River Valley Project is Canada’s largest primary undeveloped PGM
deposit with Measured + Indicated resources of 91 million tonnes @ 0.58 g/t* Palladium, 0.22
g/t Platinum, 0.04 g/t Gold, at a cut -off grade of 0.8 g/t for a PdEq of 2,463,000 ounces PGM
plus Gold. The River Valley PGM -Copper-Nickel Sulphide mineralized zones remain open to
expansion, and geophysics currently completed and drilling to commence mid July 2017 as part
of our ongoing continued exploration.
In 2016, the company acquired the River Valley extension property from Mustang Minerals
which added approximately 4kms to the project’s mineralized strike length.
New Age Metals TSX-V: NAM OTCQB: PAWEF
101-2148 W 38th Ave, Vancouver BC, V6M 1R9 [email protected]
+1.604.685.1870 www.newagemetals.com
ABOUT NAM’S LITHIUM DIVISION
The Company has several Hard Rock Lithium Projects in the Winnipeg River Pegmatite Field,
located in SE Manitoba. This Pegmatite Field hosts the world class Tanco Pegmatite that has
been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in
varying capacities, since 1969. Today, the Tanco Mine is focused on the mining of Pollucite
(primary Cesium ore) and the production of Cesi um Formate, a completion drilling fluid for the
petroleum industry. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite
Field. Presently, NAM is the largest mineral claim holder in the Winnipeg River Pegmatite
Field and is seeking JV partners to further develop the company’s Li division.
On behalf of the Board of Directors
“Harry Barr”
Harry G. Barr
Chairman and CEO
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 release.
Cautionary Note Regarding Forward Looking Statements: This release contains forward -looking statements that involve risks
and uncertainties. These statements ma y differ materially from actual future events or results and are based on current
expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward -looking statements. In
addition, forward -looking statements include sta tements in which the Company uses words such as “continue”, “efforts”,
“expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target” ,
“prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual
results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and
continuation of efforts to timely and completely make availa ble adequate current public information, additional or different
regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the
documents filed by the Company on SEDAR (www.sedar.com), including the mos t recent reports that identify important risk
factors that could cause actual results to differ from those contained in the forward -looking statements. The Company does
not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events. Investors should not place undue reliance on forward-looking statements.