TinOne Appoints Paul Matysek and Craig Parry to Technical Advisory Board
TinOne Appoints Paul Matysek and Craig
Parry to Technical Advisory Board
VANCOUVER, BC
,
March 17, 2022
/CNW/ -
TinOne Resources Inc.
(TSXV:
TORC
)
("
TinOne
" or
the "
Company
") is pleased to announce the appointments of
Paul Matysek
and
Craig Parry
to the
Company's Technical Advisory Board.
Mr. Matysek and Mr. Parry will join Dr.
Stuart Smith
and Dr.
Scott Halley
on the Technical Advisory
Board and will provide TinOne's executive team and board of directors with insight and
recommendations on project development and strategic goals as the Company prepares to
commence field work at its Great Pyramid and
Aberfoyle
tin projects in
Tasmania, Australia
.
"On behalf of the Board, I would like to welcome Paul and Craig as the latest members of TinOne's
Technical Advisory Board,"
commented
Chris Donaldson
, TinOne's Executive Chairman.
"Paul and
Craig each bring with them decades of experience in exploration and project development and
have proven track records of success in capital markets and creating shareholder value. The
newly formed Technical Advisory Board will be a tremendous asset to TinOne as we prepare to
undertake aggressive exploration programs at our Great Pyramid and
Aberfoyle
tin projects."
Paul Matysek
Paul Matysek
is a geologist/geochemist by training, a successful alpha entrepreneur and consistent
creator of shareholder value with over 40 years of experience in the mining industry. Since 2004, as
either CEO or Executive Chairman, Mr. Matysek has sold six publicly listed mineral exploration and
development companies, in aggregate worth over
$2.5 billion
.
Most recently in
June 2021
, as Chief Executive Officer, he sold Gold X Mining Corp. to Gran
Colombia Gold Corp. for over
$250 million
in an all-share transaction. In
March 2018
, as Executive
Chairman, he sold Lithium X Energy Corp. to Nextview New Energy Lion Hong Kong Limited for
$265
million
in cash. Earlier, in
July 2016
, Mr. Matysek, as President and CEO, sold Goldrock Mines
Corp. to Fortuna Silver Mines Inc. He was also previously CEO of Lithium One Inc., which merged
with Galaxy Resources Limited of
Australia
to create a multi-billion-dollar integrated lithium company.
He served as CEO of Potash One Inc., which was acquired by K+S Ag for
$434-million
cash in a
friendly takeover in 2011. Mr. Matysek was also the co-founder and CEO of Energy Metals Corp., a
uranium company that grew from a market capitalization of
$10 million
in 2004 to approximately
$1.8
billion
when sold in 2007.
Craig Parry
Craig Parry
has over 20 years in the resources sector, and is a co-founder and Partner of Inventa
Capital, a private natural resource investment company. In addition to being a Partner of Inventa
Capital, Craig is the Chairman of Vizsla Silver, Skeena Resources, and is a General Partner of EMR
Capital and a former senior advisor to the fund.
Prior to Inventa Capital, Craig was a co-founder and founding director of NexGen Energy and was
co-founder of IsoEnergy as its President, CEO and Director until 2021. He was a co-founder of the
Tigers Realm Group and was appointed to the Boards of Tigers Realm Minerals and Tigers Realm
Metals in 2011 and appointed CEO of Tigers Realm Coal in 2012. Craig, as an exploration and
business development geologist, was responsible for the business development activities of the
Tigers Realm Group since inception in 2008.
Prior to joining Tigers Realm, Craig was the Business Development Manager for G-Resources
Limited responsible for mergers and acquisitions and Principal Geologist - New Business at Oxiana
Limited responsible for strategy and business development initiatives in bulk and energy
commodities. At Rio Tinto, Craig led exploration programs for iron ore, copper, diamonds, coal and
bauxite in
Australia
,
Asia
and
South America
and was Principal Geologist for the Kintyre Uranium
project pre-feasibility study. Craig holds an Honours Degree in Geology and is a Member of the
AusIMM.
Stock Option Grant
The Company also announces that it has granted 175,000 incentive stock options to a director and a
consultant of the Company. The incentive stock options will vest over a period of three years, have
an exercise price of
$0.27
per share, and are valid for a 5-year period from the date of grant. The
options were granted pursuant to the Company's incentive stock option plan and are subject to
regulatory approval.
About TinOne
TinOne is a TSX Venture listed Canadian public company with a high-quality portfolio of tin and gold
projects in the Tier 1 mining jurisdictions of
Tasmania
and
New South Wales, Australia
. The
Company is focussed on advancing its highly prospective portfolio through aggressive exploration
programs.
Neither 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.
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This news release includes certain "Forward–Looking Statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and "forward–looking information" under
applicable Canadian securities laws. When used in this news release, the words "anticipate",
"believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and
similar words or expressions, identify forward–looking statements or information. These forward–
looking statements or information relate to, among other things: the development of the Company's
projects, including drilling programs and mobilization of drill rigs; future mineral exploration,
development and production; and completion of a maiden drilling program.
Forward–looking statements and forward–looking information relating to any future mineral
production, liquidity, enhanced value and capital markets profile of TinOne, future growth potential
for TinOne and its business, and future exploration plans are based on management's reasonable
assumptions, estimates, expectations, analyses and opinions, which are based on management's
experience and perception of trends, current conditions and expected developments, and other
factors that management believes are relevant and reasonable in the circumstances, but which
may prove to be incorrect. Assumptions have been made regarding, among other things, the price
of gold and other metals; no escalation in the severity of the COVID-19 pandemic; costs of
exploration and development; the estimated costs of development of exploration projects; TinOne's
ability to operate in a safe and effective manner and its ability to obtain financing on reasonable
terms.
These statements reflect TinOne's respective current views with respect to future events and are
necessarily based upon a number of other assumptions and estimates that, while considered
reasonable by management, are inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. Many factors, both known and unknown, could
cause actual results, performance or achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied by such forward–looking
statements or forward-looking information and TinOne has made assumptions and estimates
based on or related to many of these factors. Such factors include, without limitation: the
Company's dependence on early stage mineral projects; metal price volatility; risks associated with
the conduct of the Company's mining activities in
Australia
; regulatory, consent or permitting
delays; risks relating to reliance on the Company's management team and outside contractors;
risks regarding mineral resources and reserves; the Company's inability to obtain insurance to
cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding
the failure to generate sufficient cash flow from operations; risks relating to project financing and
equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of
reserves and resources, metallurgical recoveries and capital and operating costs of such projects;
contests over title to properties, particularly title to undeveloped properties; laws and regulations
governing the environment, health and safety; the ability of the communities in which the Company
operates to manage and cope with the implications of COVID-19; the economic and financial
implications of COVID-19 to the Company; operating or technical difficulties in connection with
mining or development activities; employee relations, labour unrest or unavailability; the
Company's interactions with surrounding communities and artisanal miners; the Company's ability
to successfully integrate acquired assets; the speculative nature of exploration and development,
including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts
of interest among certain directors and officers; lack of liquidity for shareholders of the Company;
litigation risk; and the factors identified under the caption "Risk Factors" in TinOne's management
discussion and analysis. Readers are cautioned against attributing undue certainty to forward–
looking statements or forward-looking information. Although TinOne has attempted to identify
important factors that could cause actual results to differ materially, there may be other factors that
cause results not to be anticipated, estimated or intended. TinOne does not intend, and does not
assume any obligation, to update these forward–looking statements or forward-looking information
to reflect changes in assumptions or changes in circumstances or any other events affecting such
statements or information, other than as required by applicable law.
SOURCE
TinOne Resources Inc.
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For further information:
Contact Information: For more information and to sign-up to the mailing
list, please contact: Chris Donaldson, Executive Chairman, Tel: +1.604.813.3931, Email:
CO: TinOne Resources Inc.
CNW 07:30e 17-MAR-22