Canadian Critical Minerals Appoints Chris Stewart as Director

Rhea-AI Summary

Canadian Critical Minerals Inc. appoints Chris Stewart as an independent Director, bringing over 30 years of experience in the mining industry. The company aims to restart the Bull River copper, gold, and silver mine and is excited to work with Stewart to unlock the value of their mineral properties.

Calgary, Alberta--(Newsfile Corp. - January 18, 2024) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") hereby announces the appointment of Chris Stewart as an independent Director of the Company.

Mr. Stewart holds a B.Sc. in Mining Engineering from Queen's University in Kingston, Ontario. He has over 30 years of experience in the mining industry in engineering, operations, permitting, performance improvement, safety and ESG stewardship. Mr. Stewart has held various senior management roles as President, CEO, COO and Vice President Operations at Canadian mining companies including Lakeshore Gold, Kirkland Lake Gold, McEwen Mining, Treasury Metals and Minto Metals. He has significant underground mining experience with gold and copper and has raised monies in the capital markets. He has successfully implemented turnaround strategies at several Canadian mines. Mr. Stewart is registered as a professional engineer with the Association of Professional Engineers of Ontario ("PEO").

Chris Stewart commented, "I am excited to join Canadian Critical Minerals at this time as an independent Director. The Company has assembled an impressive suite of mineral properties and I look forward to working with management and the Board in unlocking the value of these assets."

Ian Berzins, President, CEO and Interim Chairman commented, "We are delighted to welcome Chris Stewart to our Board given his significant practical experience in the mining industry in mine engineering, mine operations, project development, permitting and startup and turnaround implementation. Our top priority remains the restart of the Bull River copper, gold and silver mine. We are extremely fortunate to add a seasoned mining executive of Chris' calibre to further strengthen the depth of our Board."

About Canadian Critical Minerals Inc.

CCMI is a mining company primarily focused on two near-term copper production assets in Canada. CCMI's main asset is the 100% owned Bull River Mine project (>135 million lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI also owns a 34% interest in the Thierry Mine project (>1.3 billion lbs of copper) near Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold.

Contact Information
Canadian Critical Minerals Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@canadiancriticalmineralsinc.com
Website: www.canadiancriticalmineralsinc.com

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.

Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. 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, except as required by law.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/194775

FAQ

Who was appointed as an independent Director of Canadian Critical Minerals Inc.?

Chris Stewart was appointed as an independent Director of Canadian Critical Minerals Inc.

What is the ticker symbol for Canadian Critical Minerals Inc. on the OTCQB market?

The ticker symbol for Canadian Critical Minerals Inc. on the OTCQB market is RIINF.

What is the company's top priority?

The company's top priority is to restart the Bull River copper, gold, and silver mine.

What is Chris Stewart's background in the mining industry?

Chris Stewart has over 30 years of experience in the mining industry in mine engineering, mine operations, project development, permitting, and startup and turnaround implementation.

What is the company's goal in working with Chris Stewart?

The company aims to work with Chris Stewart to unlock the value of their mineral properties.