Currie Rose Appoints Experienced Mining Executive to Develop the North Queensland Vanadium Project
Currie Rose Appoints Experienced Mining
Executive to Develop the North Queensland
Vanadium Project
Toronto, Ontario--(Newsfile Corp. - June 26, 2023) -
Currie Rose Resources Inc.
(TSXV: CUI) ("
Currie
Rose
" or the "
Company
") is pleased to announce the appointment of Mr. Simon Coyle as the new
President,
CEO and Director of the Company, effective July 10
th
, ushering in a new era for Currie Rose.
Mr. Coyle brings a wealth of experience in leadership and management in the mining sector, having
worked extensively in exploration, mine planning, mine operations and brownfield and greenfields mine
development.
Mr. Coyle has held several senior operational management positions in a range of commodities
including gold, iron ore, manganese and lithium. Prior to joining Currie Rose, Simon held the position of
Head of Port and Operational Development, and before that, General Manager of Operations for Pilbara
Minerals' hard-rock lithium operation, Pilgangoora, where he oversaw a team of approximately 650
people and successfully led the development and expansion of the operation to become a major
producer of spodumene concentrate.
Mr. Coyle brings extensive operational experience critical for the development of the Company's North
Queensland Vanadium Project ("
NQV Project
"), as the Company looks to build projects from the base
up to production. Mr. Mike Griffiths will remain a director of the Company and work with Simon Coyle as
VP Exploration.
On his appointment, incoming CEO Simon Coyle commented:
"
It is an honour to be appointed President and CEO of Currie Rose. I am excited for the opportunity to
work with Mike and the directors as we continue to evolve the company and the North Queensland
Vanadium Project.
I see the role as an excellent opportunity to rapidly drive innovation and efficiency
in the energy storage space.
We will continue to focus on the development of the North Queensland Vanadium Project as well as
the recently acquired Kotai Energy company and its Hydrogen research project
1
.
Both projects will be
pivotal as Australia and the world rightly advance toward green energy alternatives and Net Zero
Carbon."
Mr. Coyle's experience and expertise with putting mines into production, specifically as it relates to
critical minerals, will be extremely valuable for Currie Rose and its NQV Project as it moves forward to
the pre-feasibility stage.
Outgoing President and CEO Mike Griffiths added
:
"We are excited to welcome Simon to Currie Rose, and we will greatly benefit from his vast operational
experience in critical minerals.
It is evident that he has strong leadership skills and capabilities to
advance projects. We are delighted to have a proven leader to drive the future of the Company."
About Currie Rose Resources Inc.
Currie Rose is a publicly traded battery metals exploration and development company identifying high-
value assets in resource- and research-friendly jurisdictions. The Company's immediate focus is the
advanced NQV Project in Queensland, Australia. The NQV Project hosts the Cambridge Deposit with an
Indicated Mineral Resource of 61.33 Mt @ 0.34% V
2
O
5
and 234.6 ppm MoO
3
along with an Inferred
Mineral Resource of 144.87 Mt @ 0.33% V
2
O
5
and 241.9 ppm MoO
3
(Dufresne et al., 2022). The NQV
Project covers over 1,200km
2
and hosts multiple drill-ready targets that represent large areas of
underexplored, prospective vanadium-rich host strata. The Company additionally owns Kotai Energy and
its Solid-State Hydrogen research project that includes an option to acquire 100% of the intellectual
property rights associated with the Kotai Hydrogen Project from Curtin University in Western Australia.
Please visit our website at
www.currierose.com
.
For additional information, please contact:
Iryna Zheliasko, Investor Relations – Canada
Office: (+1) 647-249-9298
Email:
Andrew Rowell, Investor Relations – Australia
M: +61 400 466 226
Email:
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.
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking
information within the meaning of applicable Canadian securities laws. All statements in this news
release, other than statements of historical facts, including statements regarding future estimates,
plans, objectives, timing, assumptions or expectations of future performance, including without
limitation, statements regarding the Company's plans regarding the NQV Project. Generally, forward-
looking statements and information can be identified by the use of forward-looking terminology such
as "intends" or "anticipates", or variations of such words and phrases or statements that certain
actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are
based on certain material assumptions and analysis made by the Company and the opinions and
estimates of management as of the date of this press release, including that general business and
economic conditions will not change in a material adverse manner and assumptions regarding
political and regulatory stability in financial and capital markets.
These forward-looking statements are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied by such forward-looking
statements or forward-looking information. Important factors that may cause actual results to vary,
include, without limitation, that the Company will not be able to proceed with the NQV Project as
intended, or that the Company does not receive the required regulatory approvals,, recent market
volatility and potentially negative capital raising conditions, the conflict in Eastern Europe, the
Company's ability to raise the necessary capital or to be fully able to implement its business
strategies and other risks and factors that the Company is unaware of at this time. Although
management of the Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking statements or forward-looking
information, there may be other factors that cause results not to be as anticipated, estimated or
intended.
There can be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements and forward-looking information. Readers are
cautioned that reliance on such information may not be appropriate for other purposes. The Company
does not undertake to update any forward-looking statement, forward-looking information or financial
out-look that are incorporated by reference herein, except in accordance with applicable securities
laws.
1
Kotai Energy's Solid-State Hydrogen research project includes an option to acquire 100% of the intellectual property rights associated with the
Kotai Hydrogen Project from Curtin University in Western Australia
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/171309