Honey Badger Appoints New CFO and Corporate Secretary
Honey Badger Appoints New CFO and
Corporate Secretary
Toronto, Ontario--(Newsfile Corp. - June 5, 2025) -
Honey Badger Silver Inc.
(TSXV: TUF) (OTCQB:
HBEIF) ("
Honey Badger
" or the "
Company
") is pleased to announce the appointment of Rob Suttie as
Chief Financial Officer (CFO).
The appointment becomes effective June 5, 2025.
The Company has
also appointed Monique Hutchins as Corporate Secretary.
Mr. Suttie is the President of Marrelli Support Services ("Marrelli"), bringing with him almost thirty years
of financial reporting experience, ten of which were in public accounting prior to his tenure with Marrelli.
He specializes in management advisory services, accounting and the financial disclosure needs of
Marrelli's public client base. In this capacity, Mr. Suttie also serves as Chief Financial Officer or director
for a number of TSXV and CSE-listed companies.
The Company's Executive Chairman, Chad Williams, commented
, "
We are pleased to welcome
Rob and Monique to the Honey Badger management team.
Their experience will be invaluable as we
progress toward our objective of being a leading silver company.
We thank Dan O'Brien and Ben
Meyer for their efforts on behalf of the Company."
About Honey Badger Silver Inc.
Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team
with a track record of value creation backed by a skilled technical team. Our projects are located in
areas with a long history of mining, including the Sunrise Lake project with a historic resource of 12.8
Moz of silver (and 201.3 million pounds of zinc) Indicated and 13.9 Moz of silver (and 247.8 million
pounds of zinc) Inferred
(2)
located in the Northwest Territories and the Plata high grade silver project
located 165 km east of Yukon's prolific Keno Hill and adjacent to Snowline Gold's Rogue discovery. The
Company's Clear Lake Project in the Yukon Territory has a historic resource of 5.5 Moz of silver and 1.3
billion pounds of zinc
(1)
. The Company also has a significant land holding at the Nanisivik Mine Area
located in Nunavut, Canada that produced over 20 Moz of silver between 1976 and 2002
(3)
. A qualified
person has not done sufficient work to classify the foregoing historical resources as current mineral
resources, and the Company is not treating the estimates as current mineral resources. The historical
resource estimates are provided solely for the purpose as an indication of the volume of mineralization
that could be present. Additional work, including verification drilling / sampling, will be required to verify
any of the historical estimates as a current mineral resources.
1
.
Clear Lake 2010 SRK historic resource: Inferred 7.76 million tonnes grading 22 grams/tonne
silver, 7.6% zinc, and 1.08% lead.
2
.
Sunrise Lake 2003 RPA historic resource: Indicated 1.522 million tonnes grading 262
grams/tonne silver, 6.0% zinc, 2.4% lead, 0.08% copper, and 0.67 grams/tonne gold and Inferred
2.555 million tonnes grading 169 grams/tonne silver, 4.4% zinc, 1.9% lead, 0.07% copper, and
0.51 grams/tonne gold.
3
.
Geological Survey of Canada, 2002-C22, "Structural and Stratigraphic Controls on Zn-Pb-Ag
Mineralization at the Nanisivik Mississippi Valley type Deposit, Northern Baffin Island, Nunavut; by
Patterson and Powis."
ON BEHALF OF THE BOARD
Chad Williams, Executive Chairman
For more information
Sonya Pekar,
Investor Relations
|
+1 (647) 498-8244.
www.honeybadgersilver.com
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 Information
This news release contains "forward-looking information" within the meaning of the applicable
Canadian securities legislation that is based on expectations, estimates, projections and
interpretations as at the date of this news release. Any statement that involves discussions with
respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always using phrases such as "expects", or
"does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not
anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or
variations of such words and phrases or stating that certain actions, events or results "may" or "could",
"would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and
may be forward-looking information and are intended to identify forward-looking information. This
forward-looking information is based on reasonable assumptions and estimates of management of
the Company at the time such assumptions and estimates were made, and involves known and
unknown risks, uncertainties and other factors which may cause the actual results, performance or
achievements of Honey Badger to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking information.
Such factors include, but are not limited to, risks relating to capital and operating costs varying
significantly from estimates; delays in obtaining or failures to obtain required governmental,
environmental or other project approvals; uncertainties relating to the availability and costs of
financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices;
delays in the development of projects; other risks involved in the mineral exploration and
development industry; and those risks set out in the Company's public documents filed on SEDAR+
(
www.sedarplus.ca
) under Honey Badger's issuer profile. Although the Company believes that the
assumptions and factors used in preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such information, which only applies as of the
date of this news release, and no assurance can be given that such events will occur in the disclosed
timeframes or at all. The Company disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future events or otherwise, other
than as required by law.
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