CMC Metals Ltd. Appoints Interim Chief Financial Officer
CMC Metals Ltd. (TSXV:CMB), (Frankfurt:ZM5N), (OTC:CMCZF); (the "Company") announces effective immediately, Mr. Mark Luchinski has been appointed as Chief Financial Officer for the Company. Mr. Mark Luchinski replaces Mr. Morgan Pickering, the former CFO. Mr. Pickering has also resigned as a Director of the Company for personal reasons. Kevin Brewer, President and Chief Executive Officer commented, "On behalf of the Board of Directors we would like to thank Morgan for his services to the Company. We are pleased to welcome Mark Luchinski to our team as CFO and consider his knowledge and experience an asset. This is another step in our efforts to reorganize the Company."
Mr. Luchinski has over 20 years of capital market experience, having worked in both public and private sectors. Mr. Luchinski is a graduate from the University of Victoria. He is currently a Director of Marvel Discovery Corp., Operations Manager for Falcon Gold Corp., Director of Operations for R7 Capital Ventures Ltd., Director of Power One Resources Corp., and is well versed in corporate governance, compliance, and the administration of publicly traded companies.
About CMC Metals Ltd.
CMC Metals Ltd. is a growth stage exploration company focused on opportunities for silver in Yukon and British Columbia and polymetallic deposits in Yukon and Newfoundland. Our silver-lead-zinc prospects include the Silver Hart Deposit and Blue Heaven claims (the "Silver Hart Project") and the recently acquired Rancheria South, Amy and Silverknife claims (the "Rancheria South Project"). Our polymetallic projects with potential for copper-silver-gold and other metals include Logjam (Yukon), Bridal Veil and Terra Nova (both in Newfoundland).
On behalf of the Board:
"John Bossio"
John Bossio, Chairman
For further information concerning the CMC Metals Ltd., or its exploration projects, please contact:
Investor Inquiries: Kevin Brewer, P. Geo.
President, CEO and Director Tel: (604) 605-0166 kbrewer80@hotmail.com
To be added to CMC's news distribution list, please send an email to info@cmcmetals.ca or contact Mr. Kevin Brewer at 604-605-0166.
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.
"This news release may contain certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation."