Vulcan Minerals Inc. – Atlas Salt names Richard LaBelle new CEO
333 Duckworth Street, St. John's, NL, A1C 1G9
Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca
News Release
August 11, 2023
Vulcan Minerals Inc. – Atlas Salt names Richard LaBelle new CEO
St. John’s, Newfoundland and Labrador - Vulcan Minerals Inc. (“the Company” -
“Vulcan” TSX-V: VUL), is pleased to announce that Atlas Salt Inc., an affiliated
company, has appointed Mr. Richard LaBelle as its new CEO and Director. Mr.
LaBelle has an impressive track record of successful management with 40 years
mining experience including 27 years at the executive level.
Patrick Laracy has resigned as CEO of Atlas after leading a successful search for a
new CEO to take Atlas through the next stage of its development. He will remain as
Chairman of Atlas with executive functions to ensure a seamless transition for Mr.
LaBelle and his team.
Patrick Laracy commented, “It is extremely satisfying to have a high
caliber developer and deal maker like Rick take the reins as CEO of Atlas. Rick
will put a team together quickly with the objective of extracting full shareholder
value for the Great Atlantic salt project. Vulcan discovered the Great Atlantic
deposit and had the vision and fortitude to pursue its delineation and
development through the creation of Atlas Salt. This journey now enters the
project execution stage.”
The full news release by Atlas announcing the appointment can be found here
https://atlassalt.com/atlas-appoints-rick-labelle-as-new-ceo/
333 Duckworth Street, St. John's, NL, A1C 1G9
Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca
About Vulcan
Vulcan Minerals is a precious and base metals exploration company based in St.
John's NL, with strategic land positions in multiple active Newfoundland gold
exploration and development belts . The Company has leveraged its exploration
exposure in most of this land position through equity ownership of other explorers
obtained by way of option and royalty agreements. It also holds approximately
30.5% of the outstanding shares in Atlas Salt (TSXV: SALT). Atlas Salt is finalizing a
feasibility analysis on its Great Atlantic salt deposit in western Newfoundland
strategically located in the robust road de-icing market of eastern North America.
We seek safe harbour.
For information please contact:
Patrick J. Laracy, P .Geo.
President
(709) 754-3186
www.vulcanminerals.ca
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of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press
release includes certain “forward-looking information” and “forward-looking statements” (collectively
“forward-looking statements”) within the meaning of applicable Canadian securities legislation. All
statements, other than statements of historical fact, included herein, without limitation, statements relating
to the future operating or financial performance of the Company, are forward-looking statements. Forward-
looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”,
“believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events,
conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking
statements in this press release relate to, among other things: completion, delivery and timing of the
referenced assessments and assumptions related thereto. Actual future results may differ materially.
There can be no assurance that such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such statements. Forward-looking statements
reflect the beliefs, opinions and projections on the date the statements are made and are based upon a
number of assumptions and estimates that, while considered reasonable by the respective parties, are
inherently subject to significant business, technical, economic, and competitive 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 and the parties have made assumptions
and estimates based on or related to many of these factors. Such factors include, without limitation: the
timing, completion and delivery of the referenced assessments and analysis. Readers should not place
undue reliance on the forward-looking statements and information contained in this news
333 Duckworth Street, St. John's, NL, A1C 1G9
Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca
release concerning these times. Except as required by law, the Company does not assume any obligation to
update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change,
except as required by law.