Vancouver, BC (FSCwire) - Voltaic Minerals Corp. (TSXv: VLT, FSE: 2P61) (the “Company”) would like to announce the following changes to management of the Company. Mr. David Hodge has stepped down as interim President and Chief Executive Officer. Mr. Darryl Jones has been appointed President and Chief Executive Officer. Mr. Jones has been a director since February, 2016.
Mr. Jones has over 15 years of capital market experience and an established financial network. Mr. Jones was an Investment advisor with PI Financial Corp. Canada and Raymond James Ltd. Canada. He was responsible for raising significant risk capital for growth companies in all sectors, with a particular focus on natural resources. He also serves as director of Strikepoint Gold Corp.
In addition, Dusan Berka has stepped down as Corporate Secretary. He will remain as a director of the Company. Frances Petryshen has been appointed to act as Corporate Secretary for the Company. Ms. Petryshen is a seasoned compliance professional with over 25 years’ experience with corporate compliance and governance for publically traded companies.
The company would like to thank Mr. David Hodge for his service and contributions to the company and wish him well with his future endeavours.
Market Maker
The Company has engaged VLF Market Making Services, to provide market making activities including maintaining a consistent and reasonable bid and offer spread for the common shares of the Company and maintaining reasonable board lot size for bids and offers. The agreement is renewable every six months, includes a monthly fee of $5,000 and can be terminated immediately by either party.
About Voltaic Minerals Corp.
Voltaic Minerals Corp. is a lithium exploration company which owns 100% of the Green Energy Lithium Project that encompasses 4,160 acres of Bureau of Land Management (BLM) claims and is located in Grand County, 15 km west of the city of Moab. Lithium and other minerals occur at the project in an over-saturated brine (40% minerals, 60% water) discovered during oil exploration when drill wells intercepted Clastic Bed #31 of the Paradox formation.
ON BEHALF OF THE BOARD
VOLTAIC MINERALS CORP.
“Darryl Jones”
Darryl Jones
President and CEO
Tel: 604.681.1568
This email address is being protected from spambots. You need JavaScript enabled to view it.
Neither the 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.
Forward-Looking Statements
This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that the Company may not raise sufficient funds to carry out our plans, changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on current data that may change with more detailed information; potential process methods and mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that with further test work may not be comparable; the availability of labour, equipment and markets for the products produced; and despite the current expected viability of the project, that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
