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NOA Announces Leadership Transition, Appointing Seasoned Argentinian Lithium Executive as New CEO
BUENOS AIRES, ARGENTINA / ACCESSWIRE / August 22, 2023 / NOA Lithium Brines Inc. (TSXV:NOAL)(FSE...
About this update from Noa Lithium Brines Inc
[{"type":"text","content":"NOA Announces Leadership Transition, Appointing Seasoned Argentinian Lithium Executive as New CEOBUENOS AIRES, ARGENTINA / ACCESSWIRE / August 22, 2023 / NOA Lithium Brines Inc. (TSXV:NOAL)(FSE:N7N) (\"NOA\" or the \"Company\") is pleased to announce the appointment of founders and existing Board members Hernan Zaballa as Executive Chairman and Gabriel Rubacha as Chief Executive Officer (CEO) of the Company. Current President and CEO Taj Singh will move to the role of Strategic Advisor and will also continue on as the Company's Qualified Person (QP). These changes will take effect on September 1, 2023. This planned transition is aligned with the Company's increasing levels of activities in Argentina and the technical advancement of its projects. The Company plans to accelerate its drill program on the Rio Grande project in order to deliver a maiden resource estimate in the first half of 2024 as well as kick-off an initial drill program at the Company's Arizaro project over the next few months. Mr. Zaballa and Mr. Rubacha are both residents of Argentina with significant in-country experience and have been directing operations in Argentina for the Company to date (see biographies below).Taj Singh commented: \"NOA has advanced dramatically over the past year, with opportunistic asset acquisitions as a private company, completion of its reverse-takeover and going-public transaction, successful funding rounds, and most recently the release of its first drilling results from the Rio Grande project. This move strengthens our management and operational presence in Argentina and as a team member and shareholder I am delighted to have someone with Gabriel's experience to lead the Company. He is highly networked throughout South America and has significant previous experience at key lithium operations in Argentina. I am eager to continue collaborating with him and the team to enhance the Company's value.\"Mr. Gabriel Rubacha (Biography)Mr. Rubacha has over 30 years of engineering and construction experience, with over two decades at Techint Group, a multibillion-dollar Argentinian conglomerate. Most recently, for 5 years, Mr. Rubacha was CEO at Minera Exar SA (joint venture between Ganfeng Lithium Co., Ltd and Lithium Americas Corp.) and President of South American Operations at Lithium Americas Corp. Mr. Rubacha holds an International MBA...