E-Tech Resources Announces Appointment of New CFO and Provides Corporate Update
E-Tech Resources Announces Appointment of
New CFO and Provides Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - August 26, 2025) - E-Tech Resources Inc. (TSXV: REE) (FSE:
K2I) ("E-Tech" or the "Company") announces the appointment of Patrick McGrath as Chief Financial
Officer, effective August 26, 2025, following the retirement of Rob Randall.
"
Rob concludes a career of more than 40 years, including the past four years as E-Tech's CFO,"
said
Christopher Drysdale, CEO of E-Tech Resources. "
During this time, he maintained strong financial
controls, supported the Company through periods of change, and provided steady advice. On behalf
of the Board, I want to thank Rob for his service to the Company. His professionalism and guidance
have made a lasting contribution, and we wish him well in his retirement.
"
Mr. McGrath has over 25 years of experience in the junior resource sector. He was previously the Chief
Executive Officer of Blue Moon Metals Inc. from April 2017 to November 2024, a company focused on
advancing the Blue Moon deposit in the United States. He also served as the Chief Financial Officer and
later Chief Executive Officer of Cub Energy Inc. (now Carcetti Capital Corp.) from 2011 to 2023, when it
was a producing oil and gas company focused on eastern Europe. Mr. McGrath holds a Bachelor of
Commerce degree from Memorial University and is a Chartered Professional Accountant (CPA) in
Canada.
As the Company reported in its
press release dated August 12, 2025
, the terms of EPL 8748 have been
amended to include nuclear fuels as a designated commodity. This amendment allows the Company to
assess the broader potential of its licences across multiple commodities. While E-Tech continues to
advance its REE project, the inclusion of nuclear fuels also provides scope to evaluate for other
commodities and mineral prospects, that are recognized as important inputs for decarbonization and the
green economy.
This development allows the Company to consider a parallel exploration approach as technical work
progresses. Further updates on exploration activities and planned work will be provided in due course.
About E-Tech Resources Inc.
E-Tech is a rare earth exploration and development company focused on developing its Eureka Rare
Earths Project in Namibia. The Eureka project is located approximately 250 km north-west of Namibia's
capital city Windhoek and 140 km east of Namibia's main industrial port Walvis Bay. The project is
situated next to the national B1 highway in the Erongo Region of Namibia.
The Eureka deposit lies in the Southern Central Zone of the Neoproterozoic Damara Belt within
Exclusive Prospecting License ("EPL") number EPL 6762, which covers farms Eureka 99 and Sukses
90. E-Tech has also entered a definitive agreement to acquire an 85% interest in the permit EPL 8748
which lies adjacent to and surrounds the Company's EPL 6762.
Namibia is recognized as one of Africa's most politically stable jurisdictions, with an extremely well-
established national infrastructure and a clear and transparent mining law.
Cautionary Statements
This press release may contain forward-looking information. This information is based on current
expectations and assumptions (including assumptions relating to general economic and market
conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual
results may differ materially from results suggested in any forward-looking information. E-Tech does
not assume any obligation to update forward-looking information in this release, or to update the
reasons why actual results could differ from those reflected in the forward-looking information unless
and until required by securities laws applicable to E-Tech. Additional information identifying risks and
uncertainties is contained in the filings made by E-Tech with Canadian securities regulators, which
filings are available at
www.sedarplus.ca
.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For further information, please contact Chris Drysdale, CEO of E-Tech Resources Inc., at +264
891 220 2439.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/263930