Nickelex Provides Corporate Update
Nickelex Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2024) -
Nickelex Resource Corporation
(TSXV: NICK) ("Nickelex" or the "Company")
announces the appointment of Matt Anderson, CPA,
CA, as Chief Financial Officer (CFO) of the Company effective May 1, 2024.
Matt is Managing Director
of Malaspina Consultants Inc. where he has worked since July 2009 and serves as CFO for several
public companies. Mr. Anderson completed his Bachelor of Commerce degree at McGill University in
Montreal. He earned his CPA, CA accreditation in 2008 after which he began providing accounting and
CFO services to junior public companies primarily involved in the natural resource sector. He has
extensive experience in financial and accounting related functions. Nickelex thanks Graham Thatcher for
his service to the Company as CFO over many years and wishes him well in his future endeavors.
The Company is also pleased to announce the appointment of Jay Oness as Vice President, Corporate
Development. Mr. Oness has over 25 years of corporate communications, strategic marketing and
corporate development experience and has been a director and officer of numerous publicly traded
North American resource companies. Mr. Oness will be responsible for general corporate development,
and supporting management to evaluate and execute new investment opportunities. He is currently
serving as the VP of Corporate Development at Southern Silver Exploration, Equity Metals Corporation
and Malaspina-Manex Group where he is responsible for overseeing, implementing, and managing
various corporate functions and shareholder programs for public and private companies.
About Nickelex
Nickelex is a Malaspina-Manex Group Company. The Group provides expertise in exploration,
administration, and corporate development services for Nickelex's operations:
Arlington
: Nickelex has entered into an option agreement to acquire a 100% interest in the Arlington
property, Greenwood MD, BC. This acquisition is subject to TSX Venture Exchange acceptance.
Swift Katie gold/copper property
is well located near Salmo, British Columbia in an area that has
historically hosted several important mining districts and is underlain by rocks favourable for the
discovery of both copper-gold porphyry deposits and high-grade gold quartz veins. Exploration to date
has identified three separate Cu-Au deposits over an 1800 metre cumulative strike-length, and two
prominent gold targets within a 2500-metre-long alteration zone which transects the southern part of the
property. It is 100% owned. The Company has now received a permit allowing exploration by diamond
drilling of up to 17 exploration sites in 2024.
Strong Project - Thompson, Manitoba nickel properties
: The company holds an option to acquire
interests in the Strong Project in the North Thompson Nickel Belt. The Agreement is subject to
completion of certain conditions including receipt of Exchange approval. The Company has agreed with
the optionor to hold completion of the agreement conditions in abeyance pending satisfaction of certain
conditions precedent.
Pilar Gold Inc. and Laiva Gold Inc.:
operations in Brazil and Finland. Nickelex participated in the
funding, acquisition and development of several gold properties and mines in Brazil, ultimately selling its
interests in such Brazilian properties to Pilar Gold in exchange for 4 million shares of Pilar Gold with an
ascribed book value of C$2,400,000. Upon the formation of Laiva Gold Inc. by Pilar Gold to acquire a
mine and mill in Finland, Nickelex received 500,000 shares of Laiva Gold at a current valuation of
C$400,000. Pilar Gold operates the Pilar gold mine in Brazil and plans to restart the high-grade Sertão
mine in 2024. Laiva Gold owns the Laiva gold mine and mill in Finland and plans to restart operations
this year. Both Pilar Gold and Laiva Gold intend to list its shares on a Canadian Stock Exchange in
2024.
John R. Kerr. P. Eng., is the President of Nickelex Resource Corporation and a Qualified Person as
defined by National Instrument 43-101. He has read and approves the technical content of this release.
On behalf of the Board of Directors,
"John Kerr"
John Kerr, President, Nickelex Resource Corporation
For further information, please visit Nickelex's website at
www.nickelexresource.com
or contact us at
604.641.2759 or by email at
.
Neither 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.
This news release may contain forward-looking statements including but not limited to comments
regarding the completion of the property transactions, the timing and content of upcoming work
programs, geological interpretations, receipt of property titles, potential mineral recovery processes,
etc. Forward-looking statements in this news release include statements regarding the exercise of the
option to acquire a 100% interest in the Arlington Property, Exchange acceptance of the Arlington
Agreement, future exploration plans and expenditures on the Arlington Project, and Exchange
acceptance of the Strong project acquisition. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially
from those currently anticipated in such statements. These statements are based on a number of
assumptions, including, but not limited to, assumptions regarding general economic conditions,
interest rates, commodity markets, regulatory and governmental approvals for Nickelex Resource
Corporation's projects, and the availability of financing for Nickelex Resource Corporation's projects
on reasonable terms. Factors that could cause actual results to differ materially from those in forward
looking statements include market prices, exploitation and exploration successes, the timing and
receipt of government and regulatory approvals, and continued availability of capital and financing
and general economic, market or business conditions. Nickelex Resource Corporation does not
assume any obligation to update or revise its forward-looking statements, whether as a result of new
information, future events or otherwise, except to the extent required by applicable law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/207676