ATEX Resources

Wellgreen Platinum Announces Additions to Management

VANCOUVER, July 10, 2017 /CNW/ - Wellgreen Platinum Ltd. ("Wellgreen") is pleased to report the addition of two members to its management team.  Mr. Graeme Jennings, CFA, has been appointed Vice President, Corporate Development and Investor Relations, and Mr. James Berry has been appointed Chief Geologist.

Mr. Jennings has over 10 years of capital markets experience and was previously an analyst with Cormark Securities Inc., covering a wide range of precious and polymetallic metals companies from exploration to senior producers with market capitalizations ranging from $30 million to over $2 billion.  In addition to communicating investment recommendations to institutional investors and portfolio managers, Mr. Jennings performed due diligence and valuations on projects, developed financial models for mergers and acquisitions and prepared reports and analyses on industry trends and forecasts of metals prices and economic trends.  Prior to Cormark, Mr. Jennings held the position of associate with Interward Asset Management where his team was responsible for reporting investment recommendations, with a focus on Canadian resource equities, to the Portfolio Manager.  Mr. Jennings is a CFA Charterholder and holds a Masters degree (Honours) in Business Administration from the Richard Ivey School of Business in Ontario and a Bachelors degree in Civil Engineering and Applied Mechanics from McGill University.

Mr. Berry was most recently Director of Exploration and Chief Geologist for the Haile Gold Mine in South Carolina, USA, owned by OceanaGold Corporation through its acquisition of Romarco Minerals Inc.  During his tenure with Romarco Minerals, Mr. Berry reinterpreted the geologic model of the Haile Mine and, based on his interpretations, guided over $60 million in exploration programs, culminating in the discovery of a multi-million ounce gold deposit.  Prior to Romarco Minerals, Mr. Berry was with Barrick Gold Corporation's Ruby Hill Mine where he managed exploration and geophysical programs to identify new target areas of mineralization.  Prior to that Mr. Berry was with Goldcorp Inc. and Homestake Mining Company.  Mr. Berry is knowledgeable in understanding large systems such as Wellgreen and is an open pit and underground mine geologist.  Mr. Berry has a degree in Geology from the University of Tennessee and attended the South Dakota School of Mines and Technology.

Diane Garrett, President and CEO, commented, "We are delighted with the addition of Mr. Jennings and Mr. Berry.  Mr. Jennings' knowledge of the financial industry and metals markets will be instrumental in further enhancing our existing shareholder base as well as working to increase analyst exposure to Wellgreen and market awareness of this very unique asset.  Mr. Berry's history of success in the field of geology, reserve definition and project development will be extremely important as we not only advance the Wellgreen project but look towards potential new target areas along trend to determine the extent and scale of this polymetallic district setting."

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