Soldera Mining Signs Gary N. Benninger as CEO and Executive Chairman of the Board

Rhea-AI Summary

Soldera Mining Corp. has appointed Gary Benninger as the new CEO and Executive Chairman, effective immediately. Benninger brings over 25 years of experience from Magna International, where he held various roles, including Executive Vice President of Engineering and R&D. He has a history of commercializing technologies, especially in the clean energy sector. Additionally, outgoing CEO Faizaan Lalani transitions to the CFO role. Soldera focuses on resource exploration with particular interest in clean energy, holding significant properties in Ontario and Quebec, and developing green ammonia and hydrogen solutions.

Positive

• Appointment of Gary Benninger as CEO and Executive Chairman, bringing extensive experience in engineering and clean technologies.
• Benninger has a proven track record of identifying and commercializing new technologies, potentially enhancing Soldera's innovation and market position.
• Continued focus on clean energy with ongoing projects in green ammonia and hydrogen production.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / April 14, 2021 / Soldera Mining Corp. (CSE:SOLD)(OTC PINK:SLDMF) ("Soldera" or the "Company") is pleased to announce the appointment of Gary Benninger as CEO & Executive Chairman of the Board of Directors.

Dr. Benninger has over 25 years' experience working for Magna International, where he served in several different roles before being promoted to Executive Vice President of Engineering and R&D. As Managing Director of Magna's joint venture developing advanced traction batteries, he was a pioneer in the electric vehicle and battery space, delivering Magna's first electric vehicle in 1986. Most recently, Dr. Benninger played a key role as a technology entrepreneur for Magna, identifying new technologies that could be used to create future innovative products for the company.

Dr. Benninger holds B.S., M.S. and Ph.D Degrees in Physics from West Virginia University and started his career as a research scientist at the National Aeronautics and Space Administration (NASA), where he served for five years. Following NASA, he joined the Ford Motor Company, where he successfully obtained patents for disc brakes, radiators and air conditioning system components. While at Ford, Dr. Benninger received the Engineers Award from the Society of the Plastics Industry and Society of Plastics Engineers in recognition of his efforts towards producing the plastic radiator tank.

Dr. Benninger has also held the positions of Executive Vice President & COO at the Becker Group and President & CEO of the Amerityre Corporation.

Throughout his career, Dr. Benninger has consistently identified key new technologies and has played instrumental roles in seeing these technologies commercialized.

Dr. Benninger has also:

• Served as CEO of a NASDAQ traded company
• Managed fourteen manufacturing plants as COO of a privately held American company
• Acted as Consultant to multibillion-dollar corporations in the areas of innovation & technology development, including successfully turning around under-performing manufacturing operations, and introducing new technologies that have to date resulted in over $1 Billion in new business.

Dr. Benninger states, "Having a long history in engineering, manufacturing and alternative technologies, I naturally saw the benefits that green technologies can have across the Globe. My experience has provided me with an inherent understanding of the green Ammonia & Hydrogen process'. I am excited at the opportunity to be the CEO and Chairman of Soldera Mining."

Dr. Benninger will take over as CEO immediately, while outgoing CEO, Mr. Faizaan Lalani, will assume the role of CFO and will remain a member of the Board of Directors.

On Behalf of the Board of Directors

Faizaan Lalani
Chief Financial Officer

Investor Relations
604-398-3379

About the Company

Soldera Mining is a resource exploration company with an increasing focus on clean energy. The Company is based in Vancouver, B.C. and holds an option over the Titan Gold Property located in the Klotz Lake area in Northwestern Ontario, and also owns the Whabouchi South lithium exploration property located in the James Bay/Eeyou Istche region of Quebec. In addition, together with its partner, ORF Technologies Inc., based in Toronto, Canada, the Company is working on the development of a proprietary solution to produce green ammonia and green hydrogen, and is also investigating revolutionary catalyst methods to react Nitrogen & Hydrogen together with the aim of creating 100% clean, and cost effective green, turquoise, and blue ammonia.

Soldera trades on the CSE under the symbol SOLD and on the Frankfurt exchange under the symbol: 601, WKN: A2AFD1

For more information, investors should review the Company's filings that are available at www.sedar.com.

Forward-Looking Statements

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are forward-looking statements. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The Canadian Securities Exchange (CSE) has not reviewed, approved or disapproved the contents of this press release.

SOURCE: Soldera Mining Corp.

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https://www.accesswire.com/640317/Soldera-Mining-Signs-Gary-N-Benninger-as-CEO-and-Executive-Chairman-of-the-Board

FAQ

Who has been appointed as the new CEO of Soldera Mining Corp. (SLDMF)?

Gary Benninger has been appointed as the new CEO and Executive Chairman of Soldera Mining Corp.

What experience does Gary Benninger bring to Soldera Mining Corp. (SLDMF)?

Gary Benninger brings over 25 years of experience in engineering and R&D, primarily from Magna International.

What is Soldera Mining Corp.'s focus area?

Soldera Mining Corp. focuses on resource exploration with a significant emphasis on clean energy projects.

What is the current role of Faizaan Lalani at Soldera Mining Corp. (SLDMF)?

Faizaan Lalani will transition to the role of CFO after serving as the CEO.

What properties does Soldera Mining Corp. (SLDMF) hold?

Soldera Mining holds the Titan Gold Property in Ontario and the Whabouchi South lithium exploration property in Quebec.