VINCENT METCALFE APPOINTED CEO
ROUYN-NORANDA, QC, Dec. 28,
2023 /CNW/ - Comet Lithium Corporation (TSXV: CLIC)
(FSE: 8QY) ("Comet Lithium" or the "Company") announces the
appointment of Mr. Vincent Metcalfe as President and Chief
Executive Officer of the Company, in replacement of
Mr. Mansoor Jan Niazi who had been acting as Interim CEO and
President since September 2023,
effective January 1, 2024.
Mr. Metcalfe is a director of
the Company and the current Executive Chairman of the Board of
Directors. He has extensive domestic and international experience
in the metals and mining sector and co-founded and led Nomad
Royalty Company Ltd. ("Nomad Royalty") as the CEO and Chair until
it was acquired by Sandstorm Gold Ltd. in 2022. He also held a
number of officer and senior executive roles at TSX and NYSE-listed
resource companies within the Osisko group of companies prior to
his involvement with Nomad Royalty.
The Board of Directors commented, "We are thrilled Mr.
Metcalfe has agreed to take on the
role of President and Chief Executive Officer and to have an
executive of this calibre and experience lead Comet Lithium. We are
confident Mr. Metcalfe is the
ideal candidate to successfully execute on our business plan and
bring the Company to a new level, as we ramp-up exploration
activities at our 100%‑owned Liberty and Troilus East properties
and continue to develop our program for our other portfolio
properties."
The Board of Directors also extended its gratitude to Mr. Jan,
"We would like to thank Mr. Jan for his valuable work during his
tenure as Interim CEO and President. Mr. Jan played a key role in
ensuring a smooth transition for the Company and his leadership and
dedication was greatly appreciated. We wish him all the best in his
future endeavours."
About Comet Lithium Corp.
Comet Lithium is a dynamic lithium-focused exploration company
active in the prolific James Bay
District of Quebec. Comet
Lithium's flagship asset is its 100%-owned Liberty Property
contiguous to Winsome Resources' Adina deposit, a growing
high-grade lithium discovery. Comet Lithium is advancing Liberty to
first-ever drilling.
Forward-Looking Statements
This news release contains statements that may constitute
"forward-looking information" within the meaning of applicable
Canadian securities legislation. Forward-looking information may
include, among others, statements regarding the future plans,
costs, objectives or performance of Comet Lithium, or the
assumptions underlying any of the foregoing. In this news release,
words such as "may", "would", "could", "will", "likely", "believe",
"expect", "anticipate", "intend", "plan", "estimate" and similar
words and the negative form thereof are used to identify
forward-looking statements. Forward-looking statements should not
be read as guarantees of future performance or results, and will
not necessarily be accurate indications of whether, or the times at
or by which, such future performance will be achieved. No assurance
can be given that any events anticipated by the forward-looking
information will transpire or occur, including results of any
exploration program on the Company mining properties.
Forward-looking information is based on information available at
the time and/or management's good-faith belief with respect to
future events and are subject to known or unknown risks,
uncertainties, assumptions and other unpredictable factors, many of
which are beyond Comet Lithium's control. These risks,
uncertainties and assumptions include, but are not limited to the
risks, uncertainties and assumptions described under "Financial
Instruments" and "Risk and Uncertainties" in Comet Lithium's Annual
Report for the fiscal year ended December
31, 2022, a copy of which is available on SEDAR+ at
www.sedarplus.ca, and could cause actual events or results to
differ materially from those projected in any forward-looking
statements. Comet Lithium does not intend, nor does it undertake
any obligation, to update or revise any forward-looking information
contained in this news release to reflect subsequent information,
events or circumstances or otherwise, except if required by
applicable laws.
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 the release.
SOURCE Comet Lithium Corp.