LeadFX announces nominees to the board of directors and details of its annual general meeting of shareholders

TORONTO, June 1, 2017 /CNW/ - LeadFX Inc. (the "Company" or "LeadFX") (TSX: LFX) is pleased to announce its slate of nominees to the board of directors (the "Board") for election at the June 28, 2017 annual general meeting of shareholders (the "Meeting"). The slate is comprised of six current directors and one new nominee.

Messrs. Robert Metcalfe, J. Trevor Eyton, Wayne Richardson, Peter Robson, David Warner and Michel Marier are standing for re-election at the Meeting. Mr. David Ming Qi has decided to retire from the Board and is not seeking re-election at the Meeting. Dr. David Dreisinger is the sole new nominee being proposed for election to the Board at the Meeting.

Dr. David Dreisinger has been a member of the faculty of the Department of Materials Engineering since 1988 and is currently Professor and Chairholder of the Industrial Research and Chair in Hydrometallurgy at the University of British Columbia. He has published over 280 papers and has been extensively involved as a process consultant in industrial research programs with metallurgical companies. Dr. Dreisinger has participated in 21 U.S. patents for work in areas such as lead concentrate processing, pressure leaching, ion exchange removal of impurities from process solutions, use of thiosulfate as an alternative to cyanide in gold leaching, and the Sepon Copper Process for copper recovery from sulfidic-clayey ores. Dr. Dreisinger serves as President and Chief Executive Officer of InCoR Technologies Limited, a director of Search Minerals Inc. and PolyMet Mining Inc. and as Vice President – Metallurgy for each of Camrova Resources Inc., Search Minerals Inc., and TriMetals Mining Inc.

Mr. Robert Metcalfe, Chairman of the Board of LeadFX commented: "On behalf of the Board, I would like to thank David Ming Qi for his many contributions and his dedication to the Company during his tenure. His diverse experience across several different industries proved to be a great asset to the Company and we wish him success in his future endeavours. Additionally, I would like to welcome Dr. David Dreisinger to the Board. His extensive metallurgical expertise will be invaluable to LeadFX, particularly in light of the previously announced arm's length transaction with InCoR Technologies Limited and InCoR Energy Materials Limited."

LeadFX's Annual General Meeting of Shareholders

The Meeting is scheduled for 4:00 p.m. (Eastern Time) on Wednesday, June 28, 2017 at:

Offices of Stikeman Elliott LLP
Suite 5300, Commerce Court West
199 Bay Street, Toronto, Ontario M5L 1B9

At the Meeting, shareholders of LeadFX will also be asked to vote on resolutions re-appointing the auditors and authorizing the Board to fix their remuneration.

Management will host a webcast at the Meeting commencing at 4:00 p.m. (Eastern Time) which will include a management presentation. The Meeting will be webcast live on the LeadFX website at www.leadfxinc.com. Webcast dial-in details will be made available on the LeadFX website prior to the Meeting.  A webcast replay will remain available after the meeting on the homepage of the LeadFX website at www.leadfxinc.com for approximately 90 days.

The management information circular and other proxy materials for the Meeting will be mailed to shareholders and will be available on SEDAR, www.sedar.com, and under the "Investor Centre" section on the LeadFX website, www.leadfxinc.com, today.

About LeadFX

LeadFX is a Canadian-based mining company focused on the development of lead-silver projects located in stable jurisdictions. Our current portfolio includes a restart-ready lead operation in Western Australia and exploration and development projects in Alaska and Utah, USA. The Company continues to seek opportunities at its new properties in North America to underpin future cash flow and growth. LeadFX trades under the symbol "LFX" on the Toronto Stock Exchange.

Additional information on LeadFX is available on at SEDAR at www.sedar.com and the Company's website at www.leadfxinc.com

SOURCE LeadFX