BeMetals Announces Addition to Senior Management Team
October 1, 2018
VANCOUVER, BRITISH COLUMBIA - BeMetals Corp. (“BeMetals” or the “Company”) (TSXV: BMET) is pleased to announce that Mr. Derek Iwanaka has joined the Company’s senior management team as Vice-President of Investor Relations and Corporate Development. Mr. Iwanaka will be responsible for overseeing the Company’s ongoing and future marketing initiatives and will be responsible for all corporate development activities including the identification of mineral projects.
John Wilton, President & Chief Executive Officer stated, “We welcome Derek as a key member of our executive team. I truly look forward to his contributions towards building up our shareholder base and expediting our global search for high-value base metal projects with near-term production potential.”
Mr. Iwanaka brings a wealth of investor relations experience and has been instrumental in over 20 mergers, acquisitions and property divestures over his 15 year career in the mining industry. Derek started in his career in investor relations with intermediate gold producer, Bema Gold Corporation in 2002 and has since progressively advanced to more senior roles with various mineral producing companies. He was most recently the Vice-President of Investor Relations at First Mining Gold Corp. where he was part of the original executive management team that acquired 11 mineral projects over the course of that Company’s first two years. Derek has played a key role in the raising of over US$100 million through multiple equity financings including one of the first ATM financings by a Canadian brokerage firm. Derek has a Bachelor of Commerce with a major in marketing from the University of Northern British Columbia.
In connection with Mr. Iwanaka’s appointment, he has been granted an aggregate of 750,000 incentive stock options of the Company exercisable at a price of $0.21 per share for a period of 10 years, vesting over the period of two years and subject to the approval of the TSX Venture Exchange.
About BeMetals Corp.
BeMetals is driving its growth strategy towards the goal of becoming a significant base metal producer through the acquisition of quality exploration, development and production stage base metals projects. This strategy is directed by the Board, key members of which have an extensive, proven track record in delivering considerable value in the mining sector through the discovery and building of mines.
On Behalf of BeMetals Corp.
CEO, President and Director
For further information: please contact:
Vice President, Investor Relations & Corporate Development
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.
Technical information in this news release has been reviewed and approved by John Wilton, Pr. Sci. Nat., the Company’s CEO and President and a “Qualified Person” as defined by National Instrument 43-101 standards.
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" and “forward looking information” (as defined under applicable securities laws), based on management’s best estimates, assumptions and current expectations. Such statements include but are not limited to, statements with respect to the plans for future exploration and development of the Pangeni Copper Project and the acquisition of additional base metal projects. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" , "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the Pangeni Copper Project; risks related to international operations; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including copper and other base metals; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in resource estimates, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which the Company operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements and forward looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any forward-looking statements or forward looking information contained herein to reflect future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking statements and information. Please refer to the Company’s most recent filings under its profile at www.sedar.com for further information respecting the risks affecting the Company and its business.