Group Eleven Welcomes Franz Bollmann to the Board of Directors
Group Eleven Welcomes Franz Bollmann to the Board of Directors
Vancouver, Canada, March 31, 2025 - Group Eleven Resources Corp. (TSX -V: ZNG; OTCBB: GRLVF;
FRA: 3GE) (“Group Eleven” or the “Company”) is pleased to announce that Franz Bollmann has been
appointed to the Board of Directors. Mr. Bollmann has been nominated by Glencore Canada
Corporation (which owns 16.1% of the Company) and will replace Gatlin Smeijers, who has stepped
down from the Board, effective March 31, 2025, to pursue another opportunity.
Bart Jaworski, CEO of Group Eleven, commented: “We are delighted to welcome Franz to the team
and look forward to working with him to further grow shareholder value. On behalf of the Company,
I would also like to thank Gatlin for his valuable insights and guidance during his tenure as director
and wish him the very best on his new endeavour.”
Mr. Bollmann currently serves as Finance Manager at Glencore Zinc and as a Director of Glencore
Servicios Corporativos Spain. Mr. Bollmann joined Glencore in 2014, working across finance,
commercial, and business development roles in the Latam region. He a lso served as a director of
Volcan Compañia Minera. Prior to joining Glencore, Mr. Bollmann worked in sales and trading at
Raymond James in the United States. He holds a degree in Finance and a minor in Mathematics from
the University of Arkansas.
About Group Eleven Resources
Group Eleven Resources Corp. (TSX.V: ZNG; OTCBB: GRLVF and FRA: 3GE) is a mineral exploration
company focused on advanced stage zinc exploration in the Republic of Ireland. Group Eleven
announced the Ballywire zinc-lead-silver discovery in September 2022. Ballywire is located 20km from
Company’s 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore’s
Pallas Green zinc-lead deposit2. The Company’s two largest shareholders are Glencore Canada Corp.
(16.1% interest) and Michael Gentile (16.0%). Additional information about the Company is available
at www.groupelevenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer
E: [email protected] | T: +353-85-833-2463
E: [email protected] | T: 604-644-9514
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.
1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr -17-2018)
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec -31-2024)
2
Cautionary Note Regarding Forward-Looking Information
This press release contains forward -looking statements within the meaning of applicable securities
legislation. Such statements include, without limitation, statements regarding the future results of
operations, performance and achievements of the Company, including the timing, content, cost and
results of proposed work programs, the discovery and delineation of mineral deposits/resources/
reserves and geological interpretations. Although the Company believes that such statements are
reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking
statements are typically identified by words such as: believe, expect, anticipate, intend, estimate,
postulate and similar expressions, or are those, which, by their nature, ref er to future events. The
Company cautions investors that any forward-looking statements by the Company are not guarantees
of future results or performance, and that actual results may differ materially from those in forward
looking statements as a result of various factors, including, but not limited to, variations in the nature,
quality and quantity of any mineral deposits that may be located. All of the Company's public
disclosure filings may be accessed via www.sedar.com and readers are urged to review t hese
materials, including the technical reports filed with respect to the Company's mineral properties.