International Battery Metals Ltd (IBATF)

[TradingCharts]

Appoints Jacob Warnock as Director
February 22, 2024 at 05:00 pm EST
https://www.marketscreener.com/quote/stock/INTERNATIONAL-BATTERY-MET-37581231/news/International-Battery-Metals-Ltd-Appoints-Jacob-Warnock-as-Director-46014957/

International Battery Metals Ltd. announced that it has appointed Jacob Warnock to the Company's board of directors, effective February 22, 2024. In addition, pursuant to the Investor Rights Agreement, IBAT will grant EV Metals the right to designate one nominee for appointment or election to the board of directors of IBAT, continuing for as long as the EV Metals and its affiliates maintain beneficial ownership of at least 5% of the issued and outstanding Common Shares. The initial nominee of EV Metals is Jacob Warnock.

Jacob Warnock is the Founder & CEO of Silver Creek Resources, LLC, a company specializing in mineral and royalty acquisitions of high-growth oil and gas rights within top-tier U.S. basins. As CEO, he has overseen company operations and acquisitions in the Eagle Ford and Haynesville Shale since 2020. A serial entrepreneur, Warnock currently manages 18 companies and has over 20 years of experience establishing and overseeing numerous upstream oil and gas enterprises, along with multiple joint ventures across several US basins.

Mr. Warnock's expertise extends to leasing, curative, permitting, surface operations, facility construction, pipelines, negotiations and strategic exits. Warnock formerly served as the Managing Partner of Delago Resources, LLC, a Texas-based upstream oil and gas company primarily focused on the acquisition and development of oil and gas reserves, until 2019 when he was instrumental in the sale of the asset to Marathon Oil for $185 million