Nevada Clean Magnesium Appoints New Board Member and CFO
Vancouver, British Columbia / TheNewswire / July 21, 2016 - Nevada Clean Magnesium Inc.. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) (The "Company") today announced the appointment of Dennis Mee, CPA, CA to the board of directors and as Chief Financial Officer.
Dennis Mee has over 35 years' experience as a senior financial and operational executive with a variety of industries. Mr. Mee currently serves on the Board of Directors for Jagercor Energy Corp. which is a publicly traded Canadian company listed on the Canadian Securities Exchange under the symbol JEM. Currently Mr. Mee is President of Part Time CFO Inc, providing companies finance/accounting, strategic planning and other operational management expertise on a part time, as needed basis. Target companies are smaller companies, or those in a startup mode that need help developing strategies, business plans, budgeting or in raising capital.
Mr. Mee's previous business experience includes acting as the Chief Financial or Operational Officer for a variety of small to mid-size companies in the Telecommunication, Service and Distribution Industries. Mr. Mee has gained valuable experience on both sides of the business cycle, having led teams through major downsizings and restructurings along with start-ups. Mr. Mee received his Bachelor of Commerce from Carleton University in Ottawa and his C.A. while at K.P.M.G in Toronto. He is a member of both the BC and Ontario Institute of Chartered Accountants.
The Company also announces the acceptance of Ms. Annie Storey's resignation from the board of directors and we wish her well in her future endeavors.
About Nevada Clean Magnesium, Inc.
Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high grade, low cost magnesium metal extracted from its 100% owned Tami-Mosi property located in North Central Nevada. Based on the Company's NI 43-101 Preliminary Economic Assessment Report published in September 2011 and amended in July 2014, the Tami-Mosi Project has an inferred resource of 412 million tonnes with an average grade of 12.3% Mg for a contained metal content of 111 billion pounds of magnesium using a 12% cut-off grade contained within a high purity dolomite block. For more information, please visit www.nevadacmi.com.
This press release was prepared under the supervision and review of James Sever, P. Eng., president and COO for Nevada Clean Magnesium . Mr. Sever is a non-independent qualified person within the meaning of National Instrument 43-101 standards. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To Reach Nevada Clean Magnesium Please Contact:
Edward Lee, CEO at (604) 210-9862
For additional information please visit our website at http://www.nevadacmi.com or view our profile at http://www.sedar.com.
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