Labrador Iron Mines Holdings Ltd (LBRMF)

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Canadian Manganese Appoints Matthew Allas as President and CEO
12:59 pm ET May 6, 2021 (Newsfile) Print

Toronto, Ontario--(Newsfile Corp. - May 6, 2021) - Canadian Manganese Company Inc. (the "Company" or "CMC"), reports that following the closing of the acquisition of Maximos Metal Corp. ("Maximos"), it has appointed Matthew Allas as President and CEO, effective immediately.

In announcing the appointment, John Kearney, Chairman of Canadian Manganese stated, "We are delighted to announce the appointment of Matthew Allas as President and CEO and we look forward to working with Matthew to create a new technology metals companywith an emphasis on stakeholder value creation."

Matthew Allas commented, "I am very excited to assume this role at such a pivotal time for the Company and industry as a whole. The significant focus on reducing emissions in energy supply has driven the rapid expansion of electrification initiatives, underpinned by the expected development and growth of battery-based energy storage. I look forward to demonstrating the role CMC can play in this seismic market shift."

Matthew has been the President and Chief Executive Officer of Maximos since 2018. For the fourteen years prior, he was an investment banker and investment professional in the natural resource industry where he advised numerous companies on growth and financing strategies.

Over the past three years under his leadership, Maximos has worked directly with companies (both public and private) and governments, developing partnerships and accumulating a portfolio of interests across commodities and jurisdictions.

Mr. Allas holds a Bachelor of Arts (Economics, Physics) degree from Mount Allison University.