Alliance Magnesium Adds Two Strategic Managers in Its Executive Team

BROSSARD, QC, April 28, 2015 /CNW Telbec/ - Alliance Magnesium Inc.  ("Alliance" or the "Corporation") announced today the nomination of Guy Adam as Vice-President Sustainable Development.

Guy Adam is currently the president of Kosmos Innovation Inc. a company involved in the environment technology commercialization. Prior to joining Kosmos, Mr. Adam has been the Executive Vice President of Newalta Corporation, a $650M revenue leading provider of innovative, engineered environmental solutions for disposal, recycling and recovering valuable resources from waste streams. Mr. Adam also worked for CLEAN HARBORS inc. as Vice-President of the Canadian operations.

Mr. Adam has more than 35 years of management and technical experience in the environmental business. He started his career as a chemical engineer part of the ICI group.

Alliance is also proud to announce the nomination of Laury Gauthier as Director, Research and Development. Ms Gauthier, a chemist who has a twelve years of expertise in mining and analytical chemistry, in development of hydrometallurgical processes, both in laboratory and pilot scale. Prior to joining Alliance, she worked as a consultant in mining projects. She was appointed Director of laboratory at Orbite Aluminae from 2010 to 2012 where she contributed significantly to the production of metallurgical alumina. Previously, Ms. Gauthier worked at Nichromet Extraction (now Dundee Sustainable) and at the Marine Science Institute of Rimouski.

"We are very pleased these renowned professionals agreed to join our management", said Dr Joel Fournier, President and CEO of Alliance Magnesium Inc. "Mr. Adam brings a strong management experience in the fields of residual material monetization, strategic planning and organization management. In covering all the environmental aspects of Alliance's operation, he will contribute significantly in the deployment of a game changing technology for the magnesium production" said Dr Fournier. He added "Ms Gauthier's experience is directly in alignment with the skills and mission pursued by Alliance which is to value its important mineral resources and process."

About Alliance Magnesium Inc.

Alliance Magnesium is a privately-owned Canadian company dedicated to the production of Magnesium metal and other high value minerals from serpentine rock. Alliance has developed a game changing technology and process giving it a cheaper and cleaner approach from current methods used worldwide by magnesium producers. Serpentine rock contains an average of 25% magnesium metal, a highly valuable opportunity for metal extraction. The new Alliance's process is the alternative in replacing the Chinese Pidgeon Process, one of the main CO2 and sulfuric pollution emission source in the world due to its massive utilization of coal. Alliance has elaborated a three-step development program in order to reach a 50 000 tm production of magnesium metal by 2018. Magnesium is a strategic metal for the Automotive and Aerospace industries in order to help to reduce average vehicle weight and increase fuel efficiency as well as reduce significantly greenhouse gas emissions. According to independent studies, annual demand for magnesium could grow by over 10 % until 2025. Alliance Magnesium aims at becoming one of the most important suppliers of pure magnesium metal for all major automobile and transport clients in the Western World.

Alliance has acquired a right of use with respect to a site located in the province of Quebec where large serpentine tailings are located. Alliance is currently building a pilot plant on the same site for processing the tailings and to extract magnesium.

Additional information about Alliance is available at alliancemagnesium.com.

 

SOURCE Alliance Magnésium

For further information: Alliance Magnesium Inc., Dr. Joel Fournier, Ph.D, MBA. CEO and President, Tel.: (450) 618-1658

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