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Electric Metals Announces Changes to its Board of Directors

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Electric Metals (USA) (TSXV:EML)(OTCQB:EMUSF) has announced changes to its Board of Directors. Megan McElwain and John Kutkevicius have resigned from the board. The company has appointed Michèle McCarthy and Sylvia Chen as independent directors.

McCarthy, President of McCarthy Law Professional and Independent Review Inc., brings experience in corporate restructuring and regulatory compliance. Chen, Vice President of Finance at Dundee Precious Metals, offers expertise in finance across various sectors, including mining.

Additionally, Dr. Quinton Hennigh has been elected chairman of the board. CEO Brian Savage expressed gratitude to the departing members and welcomed the new directors, highlighting their valuable expertise for advancing the company's strategic objectives.

Electric Metals (USA) (TSXV:EML)(OTCQB:EMUSF) ha annunciato cambiamenti nel suo consiglio di amministrazione. Megan McElwain e John Kutkevicius si sono dimessi dal consiglio. L'azienda ha nominato Michèle McCarthy e Sylvia Chen come direttori indipendenti.

McCarthy, presidente di McCarthy Law Professional e Independent Review Inc., porta con sé un'esperienza nella ristrutturazione aziendale e nella conformità normativa. Chen, vicepresidente della finanza presso Dundee Precious Metals, offre competenze finanziarie in vari settori, incluso quello minerario.

Inoltre, il Dr. Quinton Hennigh è stato eletto presidente del consiglio. Il CEO Brian Savage ha espresso gratitudine ai membri uscenti e ha dato il benvenuto ai nuovi direttori, sottolineando il loro prezioso expertise per il raggiungimento degli obiettivi strategici dell'azienda.

Electric Metals (USA) (TSXV:EML)(OTCQB:EMUSF) ha anunciado cambios en su Junta Directiva. Megan McElwain y John Kutkevicius han renunciado a la junta. La empresa ha nombrado a Michèle McCarthy y Sylvia Chen como directoras independientes.

McCarthy, presidenta de McCarthy Law Professional e Independent Review Inc., aporta experiencia en reestructuración corporativa y cumplimiento normativo. Chen, vicepresidenta de finanzas en Dundee Precious Metals, ofrece su conocimiento en finanzas en varios sectores, incluido el minero.

Además, el Dr. Quinton Hennigh ha sido elegido presidente de la junta. El CEO Brian Savage expresó su agradecimiento a los miembros salientes y dio la bienvenida a los nuevos directores, destacando su valiosa experiencia para avanzar en los objetivos estratégicos de la empresa.

Electric Metals (USA) (TSXV:EML)(OTCQB:EMUSF)는 이사회 변경을 발표했습니다. Megan McElwain과 John Kutkevicius는 이사회에서 사임했습니다. 회사는 Michèle McCarthy와 Sylvia Chen을 독립 이사로 임명했습니다.

McCarthy는 McCarthy Law Professional 및 Independent Review Inc.의 사장으로서 기업 구조 조정 및 규제 준수 경험을 가지고 있습니다. Chen은 Dundee Precious Metals의 재무 부사장으로서 광업을 포함한 다양한 산업에서 재무 전문 지식을 제공합니다.

또한, Dr. Quinton Hennigh가 이사장으로 선출되었습니다. CEO Brian Savage는 퇴사하는 멤버들에게 감사의 뜻을 전하고 새로운 이사들에게 환영의 인사를 전하며, 회사의 전략적 목표 달성을 위한 그들의 귀중한 전문성을 강조했습니다.

Electric Metals (USA) (TSXV:EML)(OTCQB:EMUSF) a annoncé des changements dans son conseil d'administration. Megan McElwain et John Kutkevicius ont démissionné du conseil. L'entreprise a nommé Michèle McCarthy et Sylvia Chen comme administratrices indépendantes.

McCarthy, présidente de McCarthy Law Professional et Independent Review Inc., apporte une expérience en restructuration d'entreprise et en conformité réglementaire. Chen, vice-présidente des finances chez Dundee Precious Metals, offre une expertise financière dans divers secteurs, y compris le secteur minier.

De plus, Dr. Quinton Hennigh a été élu président du conseil. Le PDG Brian Savage a exprimé sa gratitude envers les membres sortants et a souhaité la bienvenue aux nouveaux directeurs, soulignant leur précieuse expertise pour faire avancer les objectifs stratégiques de l'entreprise.

Electric Metals (USA) (TSXV:EML)(OTCQB:EMUSF) hat Änderungen im Vorstand bekannt gegeben. Megan McElwain und John Kutkevicius haben aus dem Vorstand resigniert. Das Unternehmen hat Michèle McCarthy und Sylvia Chen als unabhängige Direktoren ernannt.

McCarthy, Präsidentin von McCarthy Law Professional und Independent Review Inc., bringt Erfahrung in der Unternehmensrestrukturierung und der Einhaltung von Vorschriften mit. Chen, Vizepräsidentin für Finanzen bei Dundee Precious Metals, bietet Fachwissen in der Finanzwelt in verschiedenen Sektoren, einschließlich Bergbau.

Darüber hinaus wurde Dr. Quinton Hennigh zum Vorsitzenden des Vorstands gewählt. CEO Brian Savage dankte den ausscheidenden Mitgliedern und hieß die neuen Direktoren willkommen und hob deren wertvolle Expertise zur Förderung der strategischen Ziele des Unternehmens hervor.

Positive
  • Appointment of two experienced independent directors to the board
  • New chairman of the board elected
  • Addition of expertise in corporate restructuring, regulatory compliance, and finance to the board
Negative
  • Resignation of two board members

TORONTO, ON / ACCESSWIRE / September 20, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) announces that it has accepted the resignations of Megan McElwain and John Kutkevicius from the board as they pursue other endeavors. The Company would like to thank Ms. McElwain and Mr. Kutkevicius for their service to the Electric Metals board and wishes them well.

The Company also announces the appointment of Michèle McCarthy and Sylvia Chento the Board as independent directors.

Ms. McCarthy is the President of McCarthy Law Professional Corporation and President and Chief Executive Officer of Independent Review Inc. She has served on several boards and has significant experience in corporate restructuring and regulatory compliance. Michèle currently serves on the boards of Osisko Development Corp. and Russell Investments Corporate Class.Ms. McCarthy holds an LLB and LLM in Securities Law from Osgoode Hall and has been accredited with an ICD.D designation.

Ms. Chen is currently the Vice President of Finance at Dundee Precious Metals. She is an accomplished finance professional with a successful career spanning across global Canadian firms and publicly listed companies in diverse sectors, including the mining industry for the last 10+ years. Sylvia holds a Ph.D. in Psychology and an MBA in Accounting, as well as designations including Canadian Chartered Professional Accountant (CPA, CA), U.S. Certified Public Accountant (CPA), and U.S. Chartered Financial Analyst (CFA).

Additionally, the Company is pleased to announce that Dr. Quinton Hennigh has been elected chairman of the board of directors.

Brian Savage, CEO, commented: "We would like to thank Megan and John for their valuable contributions to the Company and wish them the best in their future endeavors. We are also excited to welcome Michèle and Sylvia to the board as independent directors. Both bring a wealth of expertise and experience that will be instrumental as we continue to advance our strategic objectives. Additionally, we are pleased to have elected Dr. Quinton Hennigh as chairman of the board, further strengthening our leadership as we move forward."

About Electric Metals (USA) Limited

Electric Metals (USA) Limited (TSXV:EML)(OTCQB:EMUSF) is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, which has been the subject of considerable technical studies, including National Instrument 43-101 Technical Reports - Resource Estimates. The Company's mission in Minnesota is to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets. With manganese playing a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, the State of Minnesota and for the Company's shareholders.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Electric Metals (USA) Limited
Brian Savage
CEO & Director
(303) 656-9197

or

Valerie Kimball
Director Investor Relations
720-933-1150
info@electricmetals.com

SOURCE: Electric Metals (USA) Limited



View the original press release on accesswire.com

FAQ

Who are the new independent directors appointed to Electric Metals' board?

Electric Metals (EMUSF) has appointed Michèle McCarthy and Sylvia Chen as new independent directors to its board.

What experience do the new Electric Metals (EMUSF) board members bring?

Michèle McCarthy brings experience in corporate restructuring and regulatory compliance, while Sylvia Chen offers expertise in finance, particularly in the mining industry.

Who has been elected as the new chairman of Electric Metals' board?

Dr. Quinton Hennigh has been elected as the new chairman of the board of directors for Electric Metals (EMUSF).

Which board members resigned from Electric Metals (EMUSF)?

Megan McElwain and John Kutkevicius have resigned from the board of Electric Metals.

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