TSXV – BMET
VANCOUVER, Oct. 1, 2018 /CNW/ - 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 in key role in the facilitating
the raising 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.
"John Wilton"
John Wilton
CEO,
President and Director
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.
SOURCE BeMetals Corp.