David Christie Joins Lodestar Battery Metals as Strategic Advisor
Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) has appointed David W. Christie, P. Geo., as Strategic Advisor. Christie brings 38 years of experience in mining and finance, with a track record of successful company creation, acquisitions, and financing. His notable achievements include leading Orford Mining Corp to a 134% premium acquisition and facilitating a five-way merger for Eagle Hill Exploration Corp at a 258% premium.
The company has granted Christie options to purchase 400,000 common shares at $0.05 per share, fully vested with a five-year expiration. Additionally, Lodestar plans to change its name to 'Lodestar Metals Corp.' to better reflect its focus on base and precious metals properties, subject to TSX Venture Exchange approval.
Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) ha nominato David W. Christie, P. Geo., come Consulente Strategico. Christie porta con sé 38 anni di esperienza nel settore minerario e finanziario, con un'impressionante carriera caratterizzata da successi nella creazione di aziende, acquisizioni e finanziamenti. Tra i suoi traguardi più significativi si annovera la guida della Orford Mining Corp verso un'acquisizione con un premio del 134% e la facilitazione di una fusione tra cinque soggetti per la Eagle Hill Exploration Corp, che ha avuto un premio del 258%.
La compagnia ha concesso a Christie opzioni per l'acquisto di 400.000 azioni ordinarie a $0.05 per azione, completamente maturate con una scadenza di cinque anni. Inoltre, Lodestar prevede di cambiare il proprio nome in 'Lodestar Metals Corp.' per meglio riflettere la sua attenzione su proprietà di metalli di base e preziosi, soggetto all'approvazione della TSX Venture Exchange.
Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) ha designado a David W. Christie, P. Geo., como Asesor Estratégico. Christie aporta 38 años de experiencia en minería y finanzas, con un historial de creación exitosa de empresas, adquisiciones y financiamiento. Sus logros notables incluyen liderar a Orford Mining Corp hacia una adquisición con un premio del 134% y facilitar una fusión de cinco partes para Eagle Hill Exploration Corp con un premio del 258%.
La compañía ha otorgado a Christie opciones para comprar 400,000 acciones comunes a $0.05 por acción, totalmente adquiridas con una expiración de cinco años. Además, Lodestar planea cambiar su nombre a 'Lodestar Metals Corp.' para reflejar mejor su enfoque en propiedades de metales básicos y preciosos, sujeto a la aprobación de la TSX Venture Exchange.
Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF)는 David W. Christie, P. Geo.를 전략 고문으로 임명했습니다. Christie는 38년의 광업 및 금융 경험을 보유하고 있으며, 성공적인 기업 설립, 인수 및 금융 진행에 대한 기록을 가지고 있습니다. 그의 주목할 만한 성과로는 Orford Mining Corp을 134%의 프리미엄 인수로 이끌고, Eagle Hill Exploration Corp의 258% 프리미엄을 포함한 5자 간의 합병을 facilitation한 경력이 있습니다.
회사는 Christie에게 400,000주를 주당 $0.05에 구매할 수 있는 옵션을 부여했으며, 이는 5년 만료로 완전히 취득된 상태입니다. 또한, Lodestar는 기본 및 귀금속 자산에 대한 집중을 더 잘 반영하기 위해 'Lodestar Metals Corp.'로 이름을 변경할 계획입니다. 이는 TSX Venture Exchange의 승인이 필요합니다.
Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) a nommé David W. Christie, P. Geo., en tant que Conseiller Stratégique. Christie apporte 38 ans d'expérience dans le secteur minier et financier, avec un parcours marqué par la création réussie d'entreprises, des acquisitions et des financements. Parmi ses réalisations notables, il a dirigé Orford Mining Corp vers une acquisition avec une prime de 134 % et a facilité une fusion à cinq volets pour Eagle Hill Exploration Corp avec une prime de 258 %.
La société a accordé à Christie des options pour acheter 400 000 actions ordinaires à 0,05 $ par action, entièrement acquises avec une expiration de cinq ans. De plus, Lodestar prévoit de changer son nom en 'Lodestar Metals Corp.' pour mieux refléter son intérêt pour les propriétés de métaux de base et précieux, sous réserve de l'approbation de la TSX Venture Exchange.
Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) hat David W. Christie, P. Geo., zum Strategischen Berater ernannt. Christie bringt 38 Jahre Erfahrung im Bergbau und Finanzwesen mit und kann auf eine erfolgreiche Bilanz bei der Unternehmensgründung, Übernahmen und Finanzierungen zurückblicken. Zu seinen bemerkenswerten Erfolgen gehört die Führung der Orford Mining Corp zu einer Übernahme mit einem Aufschlag von 134% sowie die Vermittlung einer Fünfparteienfusion für die Eagle Hill Exploration Corp mit einem Aufschlag von 258%.
Das Unternehmen hat Christie Optionen zum Kauf von 400.000 Stammaktien zu je 0,05 $ pro Aktie gewährt, die vollständig mit einer Laufzeit von fünf Jahren versehen sind. Darüber hinaus plant Lodestar, seinen Namen in 'Lodestar Metals Corp.' zu ändern, um besser auf die Fokussierung auf Basis- und Edelmetallressourcen hinzuweisen, vorbehaltlich der Genehmigung der TSX Venture Exchange.
- Appointment of David Christie as Strategic Advisor, bringing 38 years of industry experience
- Christie's track record includes leading companies to successful acquisitions at significant premiums
- Planned name change to 'Lodestar Metals Corp.' to better align with company focus
- Granting of 400,000 stock options at $0.05 per share may lead to potential dilution for existing shareholders
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), is pleased to announce the appointment of Mr. David W. Christie, P. Geo., as Strategic Advisor, effective immediately. Mr. Christie brings 38 years of experience in the mining and finance sectors, having played key roles in company creation, acquisitions, corporate strategy, and financing.
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David Christie is a Professional Geologist with more than 38 years of experience in the resource and resource finance sector:
- President and CEO of Orford Mining Corp, which he took public in 2017, completed
$34 million in equity financings over seven years and led the company to a successful acquisition by Alamos Gold at a134% premium to the 20-day VWAP. - President and CEO of Eagle Hill Exploration Corp. where he facilitated a five-way merger to create Osisko Mining at a
258% premium to Eagle Hill shareholders. - Formerly Vice President with Goodman & Company Investment Counsel and Dundee Resources Inc., where he worked on the management of
$200 million in resource funds. - Senior gold and precious metals analyst at TD Securities and Scotia Capital, where he ranked in the top quartile by industry surveys.
- An exploration geologist predominately for Agnico Eagle Mines Ltd. for 15 years.
- Previously served as a director on the following boards: eCobalt Solutions Inc., Osisko Mining Inc., Orford Mining Corp, True North Nickel (private) and Condor Precious Metals (private).
Lowell Kamin, CEO of Lodestar Battery Metals, commented: "David's experience and industry knowledge make him an exceptional addition to our team as we develop our 2025 business plan."
Mr. Christie commented: "Lodestar represents an exciting opportunity in the resource space. I look forward to leveraging my experience to help drive Lodestar's next steps and contribute to its continued success."
Lodestar has granted options to purchase 400,000 common shares to Mr. Christie. The options are exercisable at
Name Change
The Company is also pleased to announce that it plans to change its name to "Lodestar Metals Corp." (the "Name Change"). The Name Change better reflects the Company's focus on base and precious metals properties. The Company's shares will continue to trade under the symbol "LSTR".
Shareholders will not be required to exchange their existing share certificates for new certificates bearing the Company's new name. The Name Change does not affect the Company's share structure or the rights of the Company's shareholders, and no further action is required by existing shareholders.
The Name Change is subject to acceptance of the TSX Venture Exchange.
About Lodestar Battery Metals Corp.
Lodestar Battery Metals Corp. is a Canadian mining exploration company focused on the critical metals space. The Company's
Contacts
Lodestar Battery Metals Corp.
Lowell Kamin, President, CEO & Chairman of the Board
(416) 272-1241
lowell@lodestarbatterymetals.ca
Investor Relations
Alyssa Barry, IR Labs Inc.
1-(833)-947-5227
alyssa@irlabs.ca
Forward-Looking Statements
The information set forth in this news release contains forward-looking statements based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Lodestar cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by several material factors, many of which are beyond Lodestar's control. Such factors include, among other things, risks and uncertainties relating to Lodestar's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates.
NEITHER 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218256
FAQ
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