Two New Members Join Canadian Metals Board of Directors
February 12, 2016 (Source) — Canadian Metals Inc. ( The “Corporation”) (CSE:CME) is pleased to announce the appointment of Mr. Claude Dufresne and Mr. Roland Courtemanche as directors of the company.
Commenting on the addition of Mr. Dufresne in the CME team, President, Stephane Leblanc, said: “We are privileged to have the benefit of Claude’s leadership skills. He is also known for its extensive knowledge of metals market and his vision.
Also, we are very pleased to welcome Roland Courtemanche to board of director, his experience and expertise in operating, designing and constructing new plant sites will significantly enhance our team and be a major benefit to the Company in all future development steps that will be implemented following the publication of a Pre-economic assessment ( PEA ) which should be made public within the coming weeks” stated Stephane Leblanc, CEO of the Company.
Claude Dufresne graduated with a Bachelors degree in Mining Engineering from Laval University in 1991 with a specialty in mineral processing. Following his graduation, Mr. Dufresne worked with Cambior in a number of gold operations located in Quebec and in Guyana, S.A. In 2001, he oversaw the sales and marketing activities of all non-gold metals and minerals produced by the company including calcined bauxite and ferroniobium produced by Niobec. In January 2008, Mr. Dufresne started Camet Metallurgy Inc which focused on the sales of ferroalloys mainly to the steel industry along with other non-ferrous metals. Camet also offers market reports, and consulting services for the metal and mineral, including tantalum, manganese, chrome, titanium, silicon. In 2014, while maintaining its position of President of Camet Metallurgy Inc, Mr. Dufresne became CEO of MDN Inc, a junior exploration company listed on the TSX and with a focus on the discovery and development of critical metals such as niobium and tantalum. Mr. Dufresne is a member of the Ordre des Ingénieurs du Québec.
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Mr. Roland Courtemanche, a professional engineer with a mechanical degree having more than 42 years of experience, the last 18 years with Consultants MESAR inc., is actually in charge of the industrial group serving many large clients namely:RIMA, ArcelorMittal, RioTinto, Hydro Quebec, Saint-Gobain, Air Liquide, ESSO, Kruger, Lafarge, Bombardier, Norsk Hydro, Alcoa, etc. He spent his career working with people from different cultures in different countries: Norway, France, Belgium, USA, South Africa, Venezuela, Brazil sharing instructions for the design and construction of new plant sites (specifically in South Africa, Venezuela, Norway, Brazil and USA) in accordance with local codes.His field of specialized expertise for the design and operation of silicon carbide factories . During his career, he served as a project engineer, maintenance supervisor, construction manager, plant manager, vice president engineering services. The industries with which he was personally involved are primarily associated with silicon carbide production, iron and titanium, mine and foundry, aluminum, silicon metal, polyethylene, and petroleum (pet coke production).
Canadian Metals wishes to announce that it has entered into debt settlement agreement with one consulting Company of the Company pursuant to which the Company has agreed to issue an aggregate of 1,100,000 common shares (“Shares”) at a deemed price of $0.07 per Share as full payment of all amounts owed to the Consultant as of the date herein.
Furthermore, Canadian Metal issued 250,000 shares (“Shares”) at a deemed price of $0.07 per Share of the Company to Robert Boisjoli as a signing bonus and agreement to join the company.
All securities issued pursuant to the debt settlement and bonus are subject to a hold period of four months and one (1) day from the closing date.
About Canadian Metals
Canadian Metals Inc. is focused exclusively on the development of its Langis Project, a high-purity silica deposit located in the province of Quebec. The Company is rapidly positioning itself to eventually become a North American ferrosilicon and silicon metal producer.
For almost a decade, quartz from the Langis quarry has been exported to Europe for ferrosilicon production. Canadian Metals has rapidly built an international management team with local talent with a view to implementing a ferrosilicon plant in Quebec for converting the Langis silica into high grade ferrosilicon. With the goal to create approximately one hundred highly qualified direct jobs and some three hundred indirect jobs, Canadian Metals strongly believes that the Province of Quebec benefits from all of the required infrastructures, including transportation, port facilities, clean and renewable energy sourceand skilled labor in order to successfully implement this metals and minerals project.
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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