STOCK TITAN

Canter Appoints Warwick Smith as Executive Chairman

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management

Canter Resources Corp (CSE: CRC) (OTC: CNRCF) has appointed Warwick Smith as Executive Chairman of the Board of Directors, effective immediately. Smith brings over 25 years of leadership experience in corporate finance and M&A.

Smith's notable achievements include leading the acquisition of the Madison Mine in Montana as CEO of America Pacific Mining Corp, securing a joint venture with Rio Tinto, and spearheading American Pacific's takeover of Constantine Metals. The latter deal included gaining 100% interest in the Palmer VMS Project and securing a US $10 million cash payment from Dowa Metals and Mining.

The appointment comes as Canter advances its Columbus Lithium-Boron Project in Nevada, where the company has identified brine discovery targets and has an amended Notice of Intent under review with the Bureau of Land Management.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF) ha nominato Warwick Smith come Presidente Esecutivo del Consiglio di Amministrazione, con effetto immediato. Smith vanta oltre 25 anni di esperienza nella leadership in finanza aziendale e fusioni e acquisizioni.

Tra i successi più importanti di Smith vi sono la guida all'acquisizione della miniera Madison in Montana come CEO di America Pacific Mining Corp, la stipula di una joint venture con Rio Tinto e la conduzione della presa di controllo di Constantine Metals da parte di American Pacific. Quest'ultima operazione ha incluso l'acquisizione del 100% degli interessi nel progetto Palmer VMS e un pagamento in contanti di 10 milioni di dollari da Dowa Metals and Mining.

La nomina avviene mentre Canter sta portando avanti il progetto Columbus Lithium-Boron in Nevada, dove la società ha individuato obiettivi di scoperta di salamoie e ha una modifica della Notifica di Intenti in fase di revisione presso il Bureau of Land Management.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF) ha designado a Warwick Smith como Presidente Ejecutivo de la Junta Directiva, con efecto inmediato. Smith aporta más de 25 años de experiencia en liderazgo en finanzas corporativas y fusiones y adquisiciones.

Entre los logros destacados de Smith se incluyen liderar la adquisición de la mina Madison en Montana como CEO de America Pacific Mining Corp, asegurar una empresa conjunta con Rio Tinto y encabezar la adquisición de Constantine Metals por parte de American Pacific. Este último acuerdo incluyó obtener el 100% de interés en el Proyecto Palmer VMS y asegurar un pago en efectivo de 10 millones de dólares por parte de Dowa Metals and Mining.

El nombramiento se produce mientras Canter avanza en su Proyecto Columbus Lithium-Boron en Nevada, donde la compañía ha identificado objetivos de descubrimiento de salmuera y tiene una Notificación de Intención enmendada en revisión con la Oficina de Administración de Tierras.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF)는 즉시 발효되는 이사회 집행 의장으로 Warwick Smith를 임명했습니다. Smith는 기업 금융 및 인수합병 분야에서 25년 이상의 리더십 경험을 보유하고 있습니다.

Smith의 주요 성과로는 America Pacific Mining Corp의 CEO로서 몬태나주 매디슨 광산 인수 주도, Rio Tinto와의 합작 투자 확보, American Pacific의 Constantine Metals 인수 주도 등이 있습니다. 후자의 거래에는 Palmer VMS 프로젝트에 대한 100% 지분 확보와 Dowa Metals and Mining으로부터 1,000만 달러 현금 지급 확보가 포함됩니다.

이번 임명은 Canter가 네바다 주에서 Columbus Lithium-Boron 프로젝트를 진전시키는 가운데 이루어졌으며, 회사는 염수 발견 목표를 확인했고, 토지관리국(Bureau of Land Management)에서 검토 중인 수정된 의향서(Notice of Intent)를 보유하고 있습니다.

Canter Resources Corp (CSE : CRC) (OTC : CNRCF) a nommé Warwick Smith président exécutif du conseil d'administration, avec effet immédiat. Smith apporte plus de 25 ans d'expérience en leadership dans la finance d'entreprise et les fusions-acquisitions.

Parmi les réalisations notables de Smith figurent la direction de l'acquisition de la mine Madison dans le Montana en tant que PDG d'America Pacific Mining Corp, la conclusion d'une coentreprise avec Rio Tinto, et la conduite de la prise de contrôle de Constantine Metals par American Pacific. Cette dernière opération comprenait l'acquisition de 100 % des intérêts dans le projet Palmer VMS ainsi qu'un paiement en espèces de 10 millions de dollars de la part de Dowa Metals and Mining.

Cette nomination intervient alors que Canter fait progresser son projet Columbus Lithium-Bore au Nevada, où la société a identifié des cibles de découverte de saumure et dispose d’un avis d’intention modifié en cours d’examen auprès du Bureau of Land Management.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF) hat Warwick Smith mit sofortiger Wirkung zum Executive Chairman des Vorstands ernannt. Smith bringt über 25 Jahre Führungserfahrung in den Bereichen Unternehmensfinanzierung und M&A mit.

Zu Smiths bemerkenswerten Erfolgen zählen die Leitung der Übernahme der Madison-Mine in Montana als CEO von America Pacific Mining Corp, die Sicherung eines Joint Ventures mit Rio Tinto sowie die Führung der Übernahme von Constantine Metals durch American Pacific. Letztere Transaktion umfasste den Erwerb von 100 % der Anteile am Palmer VMS-Projekt und die Sicherstellung einer Barzahlung von 10 Millionen US-Dollar von Dowa Metals and Mining.

Die Ernennung erfolgt, während Canter sein Columbus Lithium-Boron-Projekt in Nevada vorantreibt, wo das Unternehmen Ziele für die Entdeckung von Sole identifiziert hat und eine geänderte Absichtserklärung (Notice of Intent) beim Bureau of Land Management zur Prüfung vorliegt.

Positive
  • Appointment of experienced executive with proven M&A track record
  • Previous success in securing major partnerships with Rio Tinto and Dowa Metals
  • Executive Chairman's demonstrated ability in completing significant mining deals
  • Project advancement with derisked brine discovery targets identified
Negative
  • Pending regulatory approval for Notice of Intent with BLM
  • Early-stage exploration status with no defined mineral resources yet

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2025) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to announce the appointment of Warwick Smith as Executive Chairman of the Board of Directors, effective immediately.

Mr. Smith brings more than 25 years of leadership experience in corporate finance and mergers and acquisitions (M&A). His proven track record of successful deal-making and value creation aligns well with Canter's current focus and growth strategy. The Company has derisked and delineated compelling brine discovery targets at its Columbus Lithium-Boron Project (the "Project"), with an amended Notice of Intent (NOI) currently under review with the Bureau of Land Management (BLM).

"Canter is actively engaged with prospective strategic partners at both the Project and corporate levels and having Warwick's extensive experience in the Chairman role as we navigate the strategic opportunities in front of us will provide key support as we work towards becoming a prominent North American critical metals Company at a time when securing the domestic supply of these strategic minerals has never been more important," stated Joness Lang, CEO of Canter Resources.

"I have worked closely with Joness for several years at American Pacific Mining where we have combined to secure major partnerships, strategic investors and accretive M&A deals together. I look forward to joining Canter in the Chairman role and achieving similar outcomes together in the critical metals sector," stated Warwick Smith, Executive Chairman.

Warwick Smith's notable achievements:

  • Leading the acquisition of the past-producing Madison Mine in Montana as CEO of America Pacific Mining Corp., securing a joint venture agreement with Rio Tinto. This transaction was nominated for the S&P Global Platts Deal of the Year in 2021.

  • Spearheading American Pacific's takeover of Constantine Metals, bringing the Palmer VMS Project in Alaska and partnership with Dowa Metals and Mining ("Dowa").

  • Negotiating the transaction to take over 100% interest in the Palmer Project, plus a US $10 million cash payment from Dowa in exchange for an option for Dowa to purchase half of the zinc concentrate once Palmer begins production.

  • Nominated for CEO of the year in 2022 by S&P Global Platts.

As an industry expert, he has been featured in numerous prominent financial and mining publications, including Bloomberg, Mining Journal, Northern Miner, Kitco and CBC.

About Canter Resources Corp.

Canter Resources Corp. is a junior mineral exploration company advancing the Columbus Lithium-Boron Project and the Railroad Valley (RV) Lithium-Boron Project in Nevada, USA. The Company is completing a phased drilling approach at Columbus to test highly prospective brine targets at varying depths for lithium-boron enrichment and plans to leverage the Company's critical metals targeting database to generate a portfolio of high-quality projects with the aim of defining mineral resources that support the technology and domestic clean energy supply chains in North America.

On behalf of the Board of Directors.

For further information contact:

Joness Lang
Chief Executive Officer
Canter Resources Corp.
Tel: 778.382.1193
jlang@canterresources.com

For investor inquiries contact:

Kristina Pillon, High Tide Consulting Corp.
Tel: 604.908.1695
investors@canterresources.com

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's plans for the Project and the payments related thereto, the issuance of the Consideration Shares and the Company's expected exploration activities.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248526

FAQ

What experience does Warwick Smith bring to CNRCF as Executive Chairman?

Warwick Smith brings 25+ years of leadership experience in corporate finance and M&A, with a proven track record in deal-making including successful transactions with Rio Tinto and Dowa Metals.

What are the major achievements of CNRCF's new Executive Chairman?

Smith led Madison Mine acquisition with Rio Tinto JV, Constantine Metals takeover including Palmer VMS Project, secured $10M from Dowa Metals, and was nominated for S&P Global Platts CEO of the Year in 2022.

What is the current status of CNRCF's Columbus Lithium-Boron Project?

The project has derisked and delineated brine discovery targets, with an amended Notice of Intent currently under review with the Bureau of Land Management.

How does Warwick Smith's appointment align with CNRCF's strategic goals?

Smith's M&A expertise aligns with Canter's engagement with strategic partners at both project and corporate levels, supporting their goal to become a prominent North American critical metals company.
Canter Resources

OTC:CNRCF

CNRCF Rankings

CNRCF Latest News

CNRCF Stock Data

2.21M
48.57M
8.74%
1.49%
Other Precious Metals & Mining
Basic Materials
Link
Canada
Vancouver