Tuesday, February 14, 2023 6:27:20 PM
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Search Minerals Names Interim President/CEO
BY MT Newswires
— 6:13 AM ET 02/13/2023
06:13 AM EST, 02/13/2023 (MT Newswires) -- Search Minerals Inc. (SHCMF) on Friday said it has appointed Leo Power as interim President and CEO following the termination on a without cause basis of the employment agreement with former President and CEO Greg Andrews.
Andrews and the company are in discussions to effect the termination and ensure a smooth transition, according to the statement.
The company said it will launch a search process to identify a new President and CEO immediately.
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
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https://searchminerals.ca/news-media/news/resignation-of-chief-operating-officer/
Vancouver, B.C. February 7, 2023 – Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), announces that Todd Burlingame has resigned from the position of Chief Operating Officer and has provided the Company with notice of termination of his Independent Contractor’s Agreement effective February 4, 2023. Mr. Burlingame joined the Company in February 2022 in the role of COO.
Mr. Burlingame says: “I would like to thank the Board for the opportunity to work on the development of the Deep Fox and Foxtrot project. I am confident that, as Search advances the project, the Province of Newfoundland and Labrador will secure its place in the global rare earth elements supply chain”. Mr. Burlingame will continue to assist the Company for an additional three months to provide a period of transition.
Leo Power, the Company’s Chairman of the Board says: “Over the past year Todd has assisted the Company in advancing its Deep Fox and Foxtrot deposits for the transition into a development project. The Board looks forward to continuing to work with Todd through the transition period and would like to thank him for his service”.
For further information, please contact:
Leo Power
Chairman of the Board
709-682-3543
E-mail: info@searchminerals.ca
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.
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