Business
Critical Elements Corporation Appoints Charles Main to its Board of Directors
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Critical Elements
About this update from Critical Elements Lithium Corporation
[{"type":"text","content":" NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Critical Elements Corporation (the “Corporation” or “Critical Elements”) (TSX-V: CRE) (US OTCQX: CRECF) (FSE: F12) is pleased to announce the appointment of Mr. Charles Main to its Board of Directors as an independent Non-Executive Director, effective immediately. Mr. Main brings over 30 years of experience in the mining and finance industries, having most recently served as Executive Vice President, Finance and Chief Financial Officer of Yamana Gold Inc. from August 2003 to March 2017. He is currently an Independent Director and Chair of the Audit Committee with Wesdome Gold Mines Ltd. Mr. Main is a Chartered Professional Accountant, member of the Chartered Professional Accountants of Ontario and Canada and began his career with 10 years at PriceWaterhouseCoopers. Mr. Main has also held positions including Director of Corporate Development with Newmont Capital Corporation, Vice President of Normandy Mining Limited and Outokumpu Mines Ltd., as well as Vice President, Finance of TVX Gold Inc. Mr. Main holds a Bachelor of Commerce from McGill University. In connection with this appointment, Mr. Main has been awarded 200,000 stock options of the Corporation at an exercise price of $0.80 per share for a term of five years. Jean-Sébastien Lavallée, Chairman and CEO of Critical Elements, stated, “We are very pleased to welcome Charles Main to our Board of Directors. Charles’ extensive experience and strengths in the mining and financial industries makes him an excellent addition to our Board. It is invaluable to have his expertise in financial services, accounting, debt origination and financial controls as Critical Elements transitions from a developer to a producer. Critical Elements will continue to strengthen the team as we permit, project finance and build the Rose Lithium-Tantalum project in Québec”. Charles Main stated, “I am excited to be joining the Company’s board of directors. The recent completion of the Rose Lithium-Tantalum feasibility study and pilot plant program, successfully converting spodumene concentrate into battery grade lithium hydroxide, are significant milestones towards bringing the project into production. The completion of these activities will provide th...