Honey Badger Silver Appoints Williams Executive Chairman and Interim CEO
Honey Badger Silver (TSXV:TUF)(OTCQB:HBEIF) announces leadership changes as CEO Dorian L. (Dusty) Nicol steps down, with Chairman Chad Williams assuming the role of Executive Chairman and Interim CEO. Nicol will remain as a Director and technical advisor.
The company owns 7 silver mineral assets, including the Sunrise Lake project with a historic resource of 12.8 Moz silver (Indicated) and 13.9 Moz silver (Inferred), the Plata high-grade silver project near Keno Hill, and the Clear Lake Project with a historic resource of 5.5 Moz silver. The company also holds significant land in the Nanisivik Mine Area, which historically produced over 20 Moz of silver.
Williams, founder and Chairman of Red Cloud Mining Capital, brings extensive capital markets experience, including roles at Victoria Gold Corp and TD Bank. As a large shareholder, he emphasizes the company's assets were acquired at attractive prices during lower silver market conditions.
Honey Badger Silver (TSXV:TUF)(OTCQB:HBEIF) annuncia cambiamenti nella leadership poiché il CEO Dorian L. (Dusty) Nicol si dimette, con il Presidente Chad Williams che assume il ruolo di Presidente Esecutivo e CEO ad interim. Nicol rimarrà come Direttore e consulente tecnico.
L'azienda possiede 7 risorse minerarie d'argento, inclusi il progetto Sunrise Lake con una risorsa storica di 12,8 Moz d'argento (Indicato) e 13,9 Moz d'argento (Inferred), il progetto d'argento ad alta gradazione Plata vicino a Keno Hill, e il progetto Clear Lake con una risorsa storica di 5,5 Moz d'argento. L'azienda detiene anche un'ampia area di terreno nella zona della Miniera di Nanisivik, che storicamente ha prodotto oltre 20 Moz d'argento.
Williams, fondatore e Presidente di Red Cloud Mining Capital, porta con sé una vasta esperienza nei mercati dei capitali, inclusi ruoli presso Victoria Gold Corp e TD Bank. In quanto grande azionista, sottolinea che gli asset dell'azienda sono stati acquisiti a prezzi vantaggiosi durante condizioni di mercato dell'argento più basse.
Honey Badger Silver (TSXV:TUF)(OTCQB:HBEIF) anuncia cambios en el liderazgo, ya que el CEO Dorian L. (Dusty) Nicol renuncia, con el Presidente Chad Williams asumiendo el papel de Presidente Ejecutivo y CEO interino. Nicol permanecerá como Director y asesor técnico.
La empresa posee 7 activos minerales de plata, incluido el proyecto Sunrise Lake con un recurso histórico de 12.8 Moz de plata (Indicado) y 13.9 Moz de plata (Inferido), el proyecto de plata de alta ley Plata cerca de Keno Hill, y el proyecto Clear Lake con un recurso histórico de 5.5 Moz de plata. La empresa también tiene una cantidad significativa de terreno en el área de la Mina Nanisivik, que históricamente produjo más de 20 Moz de plata.
Williams, fundador y Presidente de Red Cloud Mining Capital, aporta una amplia experiencia en los mercados de capitales, incluidos roles en Victoria Gold Corp y TD Bank. Como gran accionista, enfatiza que los activos de la empresa fueron adquiridos a precios atractivos durante condiciones de mercado de plata más bajas.
허니 배저 실버 (TSXV:TUF)(OTCQB:HBEIF)는 CEO 도리안 L. (더스티) 니콜이 사임함에 따라 리더십 변경을 발표하며, 의장 채드 윌리엄스가 집행 의장 및 임시 CEO 역할을 맡습니다. 니콜은 이사이자 기술 자문으로 남아 있습니다.
회사는 7개의 은 광물 자산을 보유하고 있으며, 여기에는 역사적 자원 12.8 Moz 은(지정)과 13.9 Moz 은(추정)을 가진 선라이즈 레이크 프로젝트, 케노 힐 근처의 플라타 고급 은 프로젝트, 그리고 역사적 자원 5.5 Moz 은을 가진 클리어 레이크 프로젝트가 포함됩니다. 회사는 또한 역사적으로 20 Moz 이상의 은을 생산한 나니시빅 광산 지역에 상당한 토지를 보유하고 있습니다.
레드 클라우드 마이닝 캐피탈의 설립자이자 의장인 윌리엄스는 빅토리아 골드 Corp 및 TD 뱅크에서의 역할을 포함하여 광범위한 자본 시장 경험을 제공합니다. 대주주로서 그는 회사의 자산이 낮은 은 시장 조건에서 매력적인 가격에 인수되었다고 강조합니다.
Honey Badger Silver (TSXV:TUF)(OTCQB:HBEIF) annonce des changements dans sa direction, le PDG Dorian L. (Dusty) Nicol démissionnant, tandis que le président Chad Williams assume le rôle de président exécutif et de PDG par intérim. Nicol restera directeur et conseiller technique.
L'entreprise possède 7 actifs miniers d'argent, y compris le projet Sunrise Lake avec une ressource historique de 12,8 Moz d'argent (indiqué) et 13,9 Moz d'argent (inféré), le projet d'argent de haute qualité Plata près de Keno Hill, et le projet Clear Lake avec une ressource historique de 5,5 Moz d'argent. L'entreprise détient également des terrains significatifs dans la zone de la mine de Nanisivik, qui a historiquement produit plus de 20 Moz d'argent.
Williams, fondateur et président de Red Cloud Mining Capital, apporte une vaste expérience des marchés de capitaux, y compris des rôles chez Victoria Gold Corp et TD Bank. En tant que grand actionnaire, il souligne que les actifs de l'entreprise ont été acquis à des prix attractifs pendant des conditions de marché de l'argent plus faibles.
Honey Badger Silver (TSXV:TUF)(OTCQB:HBEIF) kündigt Führungswechsel an, da CEO Dorian L. (Dusty) Nicol zurücktritt, während Chairman Chad Williams die Rolle des Executive Chairman und Interim-CEO übernimmt. Nicol bleibt als Direktor und technischer Berater.
Das Unternehmen besitzt 7 Silber-Mineralressourcen, darunter das Sunrise Lake Projekt mit einer historischen Ressource von 12,8 Moz Silber (angezeigt) und 13,9 Moz Silber (geschätzt), das Plata Hochgrad-Silberprojekt in der Nähe von Keno Hill und das Clear Lake Projekt mit einer historischen Ressource von 5,5 Moz Silber. Das Unternehmen verfügt auch über bedeutende Flächen im Nanisivik-Minengebiet, das historisch über 20 Moz Silber produziert hat.
Williams, Gründer und Vorsitzender von Red Cloud Mining Capital, bringt umfangreiche Erfahrungen im Kapitalmarkt mit, einschließlich Rollen bei Victoria Gold Corp und TD Bank. Als großer Aktionär betont er, dass die Vermögenswerte des Unternehmens zu attraktiven Preisen unter niedrigeren Silbermarktbedingungen erworben wurden.
- New Executive Chairman has strong capital markets and mining industry experience
- Company owns 100% of 7 silver assets acquired at attractive prices
- Significant historic silver resources across multiple properties
- Strategic property locations near established mining districts
- CEO departure creates leadership transition period
- Historic resources require additional verification work to be classified as current
- Current share price trading below management's perceived asset value
WHITE ROCK, BC / ACCESS Newswire / April 14, 2025 / Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) ("Honey Badger" or the "Company") announces that Dorian L. (Dusty) Nicol will be stepping down as the Company's CEO, effective today. Chad Williams, the Company's Chairman, will change his role to Executive Chairman and Interim CEO. Dusty will remain a Director of the Company and will be retained as an advisor on technical matters.
Honey Badger's Executive Chairman, Chad Williams, commented, "The Company thanks Dusty for his efforts and commitment during this time of transition and growth of Honey Badger. He will continue to serve an important function as the Company's senior technical advisor. As a large shareholder of Honey Badger, and a strong believer in the outlook for the price of silver, I am committed to the success of this Company. We own
Chad Williams has an extensive background in capital markets and business management. He is the founder and Chairman of Red Cloud Mining Capital, Inc. He was one of the founders of both Agilith Capital Inc. and Westwind Capital Inc., as well as the former CEO of Victoria Gold Corp. (he departed in 2011) and former Head of Mining Investment Banking at Blackmont Capital Inc. Prior to these positions, Mr. Williams was a top-ranked mining analyst at TD Bank and other Canadian brokerage firms in Toronto. Mr. Williams is a member of the Association of Professional Engineers of Ontario, having received a Bachelor of Engineering degree and a Master of Business Administration from McGill University.
About Honey Badger Silver Inc.
Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. Our projects are located in areas with a long history of mining, including the Sunrise Lake project with a historic resource of 12.8 Moz of silver (and 201.3 million pounds of zinc) Indicated and 13.9 Moz of silver (and 247.8 million pounds of zinc) Inferred (1)(3) located in the Northwest Territories and the Plata high grade silver project located 165 km east of Yukon's prolific Keno Hill and adjacent to Snowline Gold's Rogue discovery. The Company's Clear Lake Project in the Yukon Territory has a historic resource of 5.5 Moz of silver and 1.3 billion pounds of zinc (2)(3). The Company also has a significant land holding at the Nanisivik Mine Area located in Nunavut, Canada that produced over 20 Moz of silver between 1976 and 2002 (2,3). A qualified person has not done sufficient work to classify the foregoing historical resources as current mineral resources and the Company is not treating the estimates as current mineral resources. The historical resource estimates are provided solely for the purpose as an indication of the volume of mineralization that could be present. Additional work, including verification drilling / sampling, will be required to verify any of the historical estimates as a current mineral resources.
(1) Sunrise Lake 2003 RPA historic resource: Indicated 1.522 million tonnes grading 262 grams/tonne silver,
(2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver,
(3) Geological Survey of Canada, 2002-C22, "Structural and Stratigraphic Controls on Zn-Pb-Ag Mineralization at the Nanisivik Mississippi Valley type Deposit, Northern Baffin Island, Nunavut; by Patterson and Powis."
ON BEHALF OF THE BOARD
Chad Williams, Executive Chairman
For more information please visit our website www.honeybadgersilver.com or contact Mrs. Sonya Pekar for Investor Relations | spekar@honeybadgersilver.com | +1 (647) 498-8244.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.
Such factors include, but are not limited to, risks relating to capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public documents filed on SEDAR+ (www.sedarplus.ca) under Honey Badger's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
SOURCE: Honey Badger Silver Inc.
View the original press release on ACCESS Newswire
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