Business
Lithion Energy Corp Completes Appointment of Warren Gilman as Chairman and Alex Granger as CEO and Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2019) - Lithion Energy Corporation (TSX...
About this update from Queen's Road Capital Investment Ltd.
[{"type":"text","content":"Lithion Energy Corp Completes Appointment of Warren Gilman as Chairman and Alex Granger as CEO and Closes Private PlacementVancouver, British Columbia--(Newsfile Corp. - May 3, 2019) - Lithion Energy Corporation (TSXV: LNC) (the \"Company\" or \"Lithion\") is pleased to announce that it has completed the appointment of Mr. Warren Gilman as Chairman and Alex Granger to the position of CEO and Director, and it has closed its previously announced private placement for aggregate gross proceeds of $350,000.Mr. Gilman, a mining engineer, has more than 30 years of experience as a deal maker in the metals and mining sector. He was a founder of the Canadian Imperial Bank of Commerce (\"CIBC\") Global Mining Team in Toronto in 1988. He subsequently led the team's efforts out of Australia and Hong Kong. During his time with CIBC, Mr. Gilman was responsible for some of the largest equity capital markets financings in Canadian mining history. He served as advisor to the largest mining companies in the world including BHP, Rio Tinto, Anglo American, Noranda, Falconbridge, Meridian Gold, China Minmetals, Jinchuan and Zijin.From 2011, Mr. Gilman led CEF Holdings Ltd., a global mining investment company, owned 50% by CIBC and 50% by CK Hutchison Holdings Ltd. Despite operating in one of the most challenging mining markets in decades, Mr Gilman was responsible for a number of highly successful mining investments including Niobec Ltd. (niobium in Quebec) and NexGen Energy Ltd. (uranium in Saskatchewan) and he serves as a director for both companies.Mr. Gilman obtained his B.Sc. in Mining Engineering at Queen's University and his MBA from the Ivey Business School at Western University. He is Chairman of the International Advisory Board of Western University and a member of the Dean's Advisory board of Laurentian University.Mr. Granger is Managing Director of Xela Group Ltd., a consulting firm to the junior metals & mining sector. From 2010-16, he served as Chief Executive Officer of Barisan Gold Corp., the predecessor company to Lithion Energy Corp. Alex has fifteen years of experience in the investment banking and capital market industry covering the metals and mining sector. Ten of those years were spent in the Asia Pacific region with CIBC covering companies based in East Asia and Australia. Mr. Granger holds a Bachelor of Commerce degree fr...