EnviroMetal Changes to Management & Board

Rhea-AI Summary

EnviroMetal Technologies announced several management and board changes effective June 1, 2024. Jason Leikam, previously VP Business Development, has been appointed CFO, replacing Nathalie Pillon who resigned in January 2023. Additionally, board members Court Anderson and Alexander Ruckdaeschel have resigned. EnviroMetal specializes in non-cyanide, water-based metal recovery technologies for the gold mining sector, aiming to reduce both operational costs and environmental impact.

Positive

• Appointment of Jason Leikam as CFO, which may ensure continuity in strategic business development.
• EnviroMetal continues to offer innovative, environmentally-friendly precious metal recovery solutions, potentially attracting more mining companies.

Negative

• Resignation of former CFO Nathalie Pillon and two board members might indicate internal instability.

Vancouver, British Columbia--(Newsfile Corp. - July 4, 2024) - EnviroMetal Technologies Inc. (CSE: ETI) (OTCQB: EVLLF) (FSE: 7N20) ("EnviroMetal" or the "Company"). As a result of a review by the British Columbia Securities Commission, EnviroMetal Technologies Inc. is issuing the following press release to clarify our disclosure.

Effective June 1, 2024 Mr. Jason Leikam, the Company's VP Business Development, was appointed the Company's CFO by EnviroMetal's board of directors. Mr. Leikam replaces EnviroMetal's former CFO, Nathalie Pillon who resigned for personal reasons effective January 1, 2023.

EnviroMetal's president, Mr. Wayne Moorhouse, stated, "after interviewing numerous candidates to fill the vacant CFO position I am pleased Jason was able to take on the role of CFO in addition to his business development responsibilities."

The Company also announces the resignations of Mr. Court Anderson and Mr. Alexander Ruckdaeschel from the board of directors. EnviroMetal would like to thank Messrs. Anderson and Ruckdaeschel for their service to the board as the Company transitioned from processing e-waste to providing metal recovery solutions to gold miners.

About EnviroMetal Technologies Inc.

EnviroMetal Technologies is commercializing highly effective precious metal recovery technologies. EnviroMetal's proprietary non-cyanide, water-based, neutral pH and closed-circuit treatment process has been proven to extract precious metals from ores and concentrates at lab and pilot scale and provide both operational and environmental advantages to gold mining companies. EnviroMetal is actively engaging with mining companies that are seeking to reduce the costs and environmental impact of their operations. For more information please visit: https://EnviroMetal.com.

Contact Information:
Jason Leikam
VP Corporate Development
EnviroMetal Technologies Inc.
info@EnviroMetal.com
(604) 428-2400

The CSE has not approved or disapproved of the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215503

FAQ

What changes did EnviroMetal announce on July 4, 2024?

EnviroMetal announced the appointment of Jason Leikam as CFO and the resignations of board members Court Anderson and Alexander Ruckdaeschel.

When did Jason Leikam become the CFO of EnviroMetal?

Jason Leikam was appointed CFO of EnviroMetal effective June 1, 2024.

What is EnviroMetal's stock symbol?

EnviroMetal's stock symbol is EVLLF.

Why did Nathalie Pillon resign as CFO of EnviroMetal?

Nathalie Pillon resigned from her position as CFO of EnviroMetal for personal reasons effective January 1, 2023.

What technology does EnviroMetal specialize in?

EnviroMetal specializes in non-cyanide, water-based, precious metal recovery technologies aimed at gold mining companies.