Nine Mile Metals Announces Appointment of New CFO, Financial Services Team, and Board Changes
Nine Mile Metals (CSE: NINE, OTC: VMSXF) has announced significant changes to its management and board structure. Jimmy Jeon, CPA, has been appointed as Chief Financial Officer, effective February 10th, 2025, while Brett Wallace, LLB, an experienced geoscientist and lawyer, joins the Board of Directors from February 17th, 2025.
The company has also engaged Marrelli Support Services Inc. (MSSI) to provide comprehensive financial services support. This consolidation of financial services aims to enhance operational efficiency by streamlining four advisory relationships into one.
Several departures were announced, including James Bordian (CFO and Director), Charles Malette (President, Director, and Corporate Secretary), and Terry Fields (Director). The restructuring is positioned to support Nine Mile's 2025 drill program and corporate strategy execution.
Nine Mile Metals (CSE: NINE, OTC: VMSXF) ha annunciato significativi cambiamenti nella sua struttura di gestione e nel consiglio di amministrazione. Jimmy Jeon, CPA, è stato nominato Chief Financial Officer, con effetto dal 10 febbraio 2025, mentre Brett Wallace, LLB, un geoscienziato e avvocato esperto, entra a far parte del Consiglio di Amministrazione dal 17 febbraio 2025.
L'azienda ha anche ingaggiato Marrelli Support Services Inc. (MSSI) per fornire un supporto completo ai servizi finanziari. Questa consolidazione dei servizi finanziari mira a migliorare l'efficienza operativa semplificando quattro relazioni di consulenza in una sola.
Sono state annunciate diverse uscite, tra cui James Bordian (CFO e Direttore), Charles Malette (Presidente, Direttore e Segretario Aziendale) e Terry Fields (Direttore). La ristrutturazione è progettata per supportare il programma di perforazione 2025 di Nine Mile e l'esecuzione della strategia aziendale.
Nine Mile Metals (CSE: NINE, OTC: VMSXF) ha anunciado cambios significativos en su gestión y estructura de junta. Jimmy Jeon, CPA, ha sido nombrado Director Financiero, con efecto a partir del 10 de febrero de 2025, mientras que Brett Wallace, LLB, un geocientífico y abogado experimentado, se une a la Junta Directiva a partir del 17 de febrero de 2025.
La empresa también ha contratado a Marrelli Support Services Inc. (MSSI) para proporcionar un soporte integral en servicios financieros. Esta consolidación de servicios financieros tiene como objetivo mejorar la eficiencia operativa al simplificar cuatro relaciones de asesoría en una sola.
Se anunciaron varias salidas, incluyendo a James Bordian (CFO y Director), Charles Malette (Presidente, Director y Secretario Corporativo) y Terry Fields (Director). La reestructuración está diseñada para apoyar el programa de perforación de 2025 de Nine Mile y la ejecución de la estrategia corporativa.
나인 마일 메탈스 (CSE: NINE, OTC: VMSXF)는 관리 및 이사회 구조에 중대한 변화를 발표했습니다. 지미 전, CPA가 2025년 2월 10일부터 CFO로 임명되었으며, 브렛 월리스, LLB라는 경험이 풍부한 지질학자이자 변호사가 2025년 2월 17일부터 이사회에 합류합니다.
회사는 또한 마렐리 서포트 서비스 Inc. (MSSI)를 고용하여 종합적인 재무 서비스 지원을 제공하도록 했습니다. 이 재무 서비스의 통합은 네 개의 자문 관계를 하나로 간소화하여 운영 효율성을 높이는 것을 목표로 합니다.
제임스 보르디안(CFO 및 이사), 찰스 말레트(회장, 이사 및 기업 비서), 테리 필드(이사)를 포함한 여러 퇴사가 발표되었습니다. 이 구조조정은 나인 마일의 2025년 드릴 프로그램 및 기업 전략 실행을 지원하기 위해 설계되었습니다.
Nine Mile Metals (CSE: NINE, OTC: VMSXF) a annoncé des changements significatifs dans sa direction et sa structure de conseil. Jimmy Jeon, CPA, a été nommé Directeur Financier, à compter du 10 février 2025, tandis que Brett Wallace, LLB, un géoscientifique et avocat expérimenté, rejoint le Conseil d'Administration à partir du 17 février 2025.
L'entreprise a également engagé Marrelli Support Services Inc. (MSSI) pour fournir un soutien complet en services financiers. Cette consolidation des services financiers vise à améliorer l'efficacité opérationnelle en rationalisant quatre relations de conseil en une seule.
Plusieurs départs ont été annoncés, y compris James Bordian (CFO et Directeur), Charles Malette (Président, Directeur et Secrétaire d'Entreprise) et Terry Fields (Directeur). La restructuration est conçue pour soutenir le programme de forage 2025 de Nine Mile et l'exécution de la stratégie d'entreprise.
Nine Mile Metals (CSE: NINE, OTC: VMSXF) hat bedeutende Änderungen in seiner Management- und Vorstandstruktur angekündigt. Jimmy Jeon, CPA, wurde zum Chief Financial Officer ernannt, der am 10. Februar 2025 in Kraft tritt, während Brett Wallace, LLB, ein erfahrener Geowissenschaftler und Anwalt, ab dem 17. Februar 2025 dem Vorstand beitritt.
Das Unternehmen hat auch Marrelli Support Services Inc. (MSSI) beauftragt, umfassende Unterstützung bei Finanzdienstleistungen zu bieten. Diese Konsolidierung der Finanzdienstleistungen zielt darauf ab, die betriebliche Effizienz zu verbessern, indem vier Beratungsbeziehungen in eine einzige umgewandelt werden.
Mehrere Abgänge wurden angekündigt, darunter James Bordian (CFO und Direktor), Charles Malette (Präsident, Direktor und Unternehmenssekretär) und Terry Fields (Direktor). Die Umstrukturierung soll das Bohrprogramm 2025 von Nine Mile und die Umsetzung der Unternehmensstrategie unterstützen.
- Consolidation of financial services from four providers to one (MSSI) should reduce costs and improve operational efficiency
- Addition of Brett Wallace brings dual expertise in geoscience and mining law, particularly valuable for Bathurst Mining Camp operations
- New CFO Jimmy Jeon brings extensive public company financial management experience
- Significant leadership turnover with simultaneous departure of three key executives (CFO, President, and Director)
- Potential disruption in business continuity due to multiple management changes
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2025) - NINE MILE METALS LTD. (CSE: NINE) (OTC Pink: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce several key management, board, and financial services appointments:
- Mr. Jimmy Jeon, CPA, has been appointed as Chief Financial Officer (CFO), effective February 10th, 2025.
- Mr. Brett Wallace, LLB, has been appointed to the Board of Directors, effective February 17th, 2025.
- Marrelli Support Services Inc. ("MSSI") has been engaged to provide full corporate financial services support.
- Mr. James Bordian has resigned as CFO and Director, effective February 7th, 2025.
- Mr. Charles Malette has resigned as President, Director, and Corporate Secretary, effective February 14th, 2025.
- Mr. Terry Fields has resigned as Director, effective February 13th, 2025.
Jimmy Jeon, CPA - Chief Financial Officer
Nine Mile Metals is pleased to welcome Mr. Jimmy Jeon, CPA, as its new Chief Financial Officer. Mr. Jeon holds a Bachelor of Business Administration from Wilfrid Laurier University and brings extensive expertise in accounting, regulatory compliance, and financial management. He has provided CFO and advisory services to multiple public companies as part of the MSSI team in Toronto. Over the past month, Mr. Jeon has been actively leading the transition of Nine Mile Metals' financial management to MSSI, ensuring a seamless integration of corporate financial services.
Brett Wallace, LLB - Board of Directors
The Company is also pleased to appoint Mr. Brett Wallace to the Board of Directors. Mr. Wallace is an experienced geoscientist, lawyer, and corporate executive with over 20 years of expertise spanning greenfields exploration to mining operations across various commodities, including copper, gold, nickel, iron ore, and VMS deposits. With a legal specialization in corporate, major projects, and mining law, Mr. Wallace has worked on large-scale mining infrastructure projects in the oil, gas, and mining sectors. His experience includes roles at DLA Piper and as in-house legal counsel for ASX-listed companies, as well as directorships and consulting roles for publicly traded resource companies. He is a member of the Australian Institute of Mining and Metallurgy and an Associate Member of the Australian Institute of Geoscientists.
Mr. Wallace has significant knowledge of the Bathurst Mining Camp, and the Company looks forward to his visit to its projects in the coming months.
Marrelli Support Services Inc. - Corporate Financial Services
Nine Mile Metals is also pleased to engage Marrelli Support Services Inc. ("MSSI"), a leading provider of comprehensive financial support services to publicly traded companies. MSSI specializes in financial reporting, cash management, shareholder communications, warrant and rights management, stock transfer, regulatory compliance, and minute book custodianship. Their extensive experience across TSX, TSXV, and CSE-listed companies will allow Nine Mile Metals to enhance operational efficiency and streamline financial processes.
"We are pleased to welcome Brett Wallace, Jimmy Jeon, and MSSI to the Nine Mile Metals team," commented Patrick J. Cruickshank, MBA, CEO & Director. "This transition strengthens our management structure and streamlines financial operations with MSSI's full-service support in Toronto and Vancouver. By consolidating four advisory financial relationships into one, we are enhancing efficiency, reducing redundancies, and optimizing economies of scale. These changes position Nine Mile for a highly productive 2025 drill program, and we look forward to working closely with Mr. Jeon and Mr. Wallace as we execute our corporate strategy."
Gary Lohman, Director, P. Geo., VP Exploration further shared, "I would like to welcome Brett Wallace to Nine Mile Metals, and I look forward to working with him on advancing our extensive land package in 2025. As an experienced geoscientist with a strong background in the Bathurst Mining Camp, Brett's experience adds additional technical expertise to the team as we plan our technical programs for 2025."
About Nine Mile Metals Ltd.:
Nine Mile Metals Ltd. is a Canadian public mineral exploration Company focused on Critical Minerals VMS (Cu, Pb, Zn, Ag and Au) exploration in the renowned Bathurst Mining Camp (BMC), located in New Brunswick, Canada. The Company's primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project, California Lake VMS Project, the Canoe Landing Lake (East - West) VMS Project, and the Wedge VMS Project. The Company is focused on Critical Minerals Exploration, positioning itself for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge on Gold.
ON BEHALF OF NINE MILE METALS LTD.
"Patrick J. Cruickshank, MBA"
CEO and Director
T: 506-804-6117
E: investors.ninemilemetals@gmail.com
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as "will," "may," "would," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "could" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that its primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project, California Lake VMS Project, the Canoe Landing Lake (East - West) VMS Project, and the Wedge VMS Project. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241335
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