Business
Idaho Champion Appoints Lithium Mining Veteran Gabriel Pindar as New Director
Toronto, Ontario--(Newsfile Corp. - February 27, 2023) - Idaho Champion (CSE: ITKO) (OTCQB: GLDRF) (FSE: 1QB1) ("Idaho Champion" or the "Company") is pleased to
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - February 27, 2023) - Idaho Champion (CSE: ITKO) (OTCQB: GLDRF) (FSE: 1QB1) (\"Idaho Champion\" or the \"Company\") is pleased to announce the appointment of former Neo Lithium co-founder, director, and Chief Operating Officer Gabriel Pindar to the Board of Directors. The appointment of Mr. Pindar further strengthens Idaho Champion's Board that includes experienced executives who have been involved in successful lithium transactions with over $6 billion in market value. Mr. Pindar has over 25 years' experience as a senior project executive in the development of mining, gas, and large scale infrastructure projects in Canada (including Quebec), Argentina, Peru, Mexico, Australia, Guinea, Liberia and United Kingdom. His most recent role was as co-founder, director and COO of Neo Lithium Inc. which discovered one of the premier lithium brine projects in the world and which was recently sold to Zijin Mining for just under $1B. Previously he served as GM and Head of Projects for ArcelorMittal Group, Deputy Project Director for BHP Olympic Dam Expansion, and held Senior Project Management roles for engineering firms Fluor, Hatch and Engenium. Mr. Pindar will assume the position on the Company's Board in place of Greg Schifrin who has resigned from the Board effective immediately. Idaho Champion would like to thank Mr. Schifrin for his valuable contribution throughout his years of service on the Board and is pleased to confirm that Mr. Schifrin will continue assisting the Company as an advisor for the Idaho-centric projects. Jonathan Buick, Idaho Champion's CEO, commented: \"We welcome Mr. Pindar to the board and we look forward to unlocking shareholder value in the electric metals space. The Company is well supported by seasoned mining executives that have proven success with well known lithium assets.\" Additionally, Idaho Champion announces that it has closed a private placement offering. Mr. Pindar as well a director of the Company have subscribed for total proceeds of C$1.24 million at $0.08 representing 15,500,000 Common Shares of the Company. The participation by the director of the Company in the financing constitutes a \"related party transaction\" pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (\"MI 61-101\"). The Company intends to...