VANCOUVER, B.C. – COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to announce the appointment of Mr. Nick Standish as a director of the Company (the “Appointment”). Mr. Standish is a seasoned entrepreneur and dealmaker with 17 years of experience in venture capital, corporate finance and global business.
Nick Standish, commented, “I am very excited to be joining Collective Metals as a director. I’m confident in the team that has been put in place, and I believe my skills and experience will add further value to the Company. I look forward to advancing the Company’s project portfolio through work programs and strategic initiatives.”
Mr. Standish has valuable experience across various industries, including financial services, AI, digital assets, fintech, energy, mining and infrastructure, and has held roles as a founder, advisor, director, and executive.
Currently, Mr. Standish is the Managing Partner and Co-Founder of Intellectual Capital Corp., a Canadian based financial services provider, Managing Partner at Agila Investments, a private investment platform focused on structured capital deployment into real-world infrastructure projects, and Managing Director & Founder of Stamatis Ventures Ltd., a diversified holding company. Additionally, Mr. Standish is a Director or Advisor to Lost Soldier Oil and Gas LLC., Nova Pacific Metals Corp, and several other private companies.
Christopher Huggins, Chief Executive Officer of the Company, commented, “We are very excited to welcome Nick to our board of directors. With a diverse background, we believe Mr. Standish is well equipped to drive advancement for the Company and we are fortunate to be working alongside him.”
With the addition of Mr. Standish, Milos Masnikosa, has resigned from his position as a director of the Company. Mr. Masnikosa’s expertise helped lead exploration programs for the Company’s project portfolio. The Company wishes Mr. Masnikosa well in his future endeavours.
About Collective Metals
Collective Metals Inc. (CSE: COMT | OTC: CLLMF | FSE: TO1) is a resource exploration company specializing in critical and precious metals exploration in North America.
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ON BEHALF OF COLLECTIVE METALS INC.
Christopher Huggins
Chief Executive Officer
T: 604-968-4844
E: chris@collectivemetalsinc.com
Forward Looking Information
This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.
Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Collective, future growth potential for Collective and its business, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of lithium and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Collective’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
This news release contains “forward-looking information” within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward looking information and include, without limitation, statements with respect to the potential benefits of the Appointment. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions regarding, among other things, the geological, metallurgical, engineering, financial and economic advice that the Company has received is reliable and are based upon practices and methodologies which are consistent with industry standards. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of well results and the geology, continuity and grade of lithium and other metal deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; increased costs and restrictions on operations due to compliance with environmental and other requirements; increased costs affecting the metals industry and increased competition in the metals industry for properties, qualified personnel, and management. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.